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White House Apartments 224 S Broad St 23 Unit Apartment Building $1,000,000 ($43,478/Unit) Klamath Falls, OR 97601

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EXECUTIVE SUMMARY

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 add'l tenant storage. 11 current vacancies provide the opportunity to quickly renovate & stabilize the property with market rate tenants in need of affordable housing. Actual year built is unknown. Buyer to complete all due diligence to determine the actual age of the property.

PROPERTY FACTS

Price $1,000,000
Price Per Unit $43,478
Sale Type Investment
No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 10,752 SF
No. Stories 2
Year Built 1950
Opportunity Zone Yes
Zoning LI

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 - 1
Studios 22 - 1
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R414821
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$349,580
  • Listing ID: 36032495

  • Date on Market: 5/29/2025

  • Last Updated:

  • Address: 224 S Broad St, Klamath Falls, OR 97601

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