224 S BROAD ST, Klamath Falls, OR 97601 | MLS #130162997 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of SMI Commercial Real Estate LLCMLS# 130162997MLS Provider
  • 397 days on site
  • 4 views

Don't miss your opportunity to purchase the White House! Located just blocks from downtown Klamath Falls & a quick commute to OIT, this 23 Unit value add investment opportunity features (1) 1 bed/1 bath unit & 22 studio's. Units are separately metered for power & the building features a laundry room in the basement along with space to create additional tenant storage. 11 current vacancies provide the opportunity to quickly renovate & stabilize the property with market rate tenants in need of affordable housing.

Source: Regional MLS, MLS#: 130162997

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  • Property Type
    Residential Income
  • Lot
    0.25 acres

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  • Median Age
    41
  • Population Density
    39
  • College Educated
    33%
  • Estimated Median Income
    $45,392
  • Estimated Total Home Owners
    5,687
  • Estimated Total Renters
    4,420
  • Owner / Renter Divide
    56% / 44%
  • Estimated Average Household Size
    2
  • Total Population
    23,020
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
1/19/2026Source: Regional MLS Price Reduction
$900,000 -10.0%
5/28/2025Source: Regional MLS Added to Database
May 28, 2025