240 E Main St, Klamath Falls, OR 97601

Centrally Located Apartment Building - 204 E Main Street

Exclusively presented as sold — Welcome to 204 E Main Street

Centrally Located Apartment Building - 204 E Main Street
Property Details

Centrally Located Apartment Building

240 East Main Street - Welcome to 240 East Main Street, a four-unit apartment building centrally located in Klamath Falls, Oregon. A rare public offering of a fourplex near downtown, the property presents an extraordinary opportunity to step into an established, upgraded, income-producing asset in Klamath Falls! The property itself consists of four units, spread through one building.

While retaining much of its original character, the property has been extensively remodeled and updated throughout the years. Three units are currently occupied, with the fourth being left vacant to allow an easy transition for an owner-occupant purchaser or allow a new owner to market the unit themselves.

Extensive renovations in the recent years have made this property a nearly turn-key investment for the buyer. Sited on an efficient, easily accessible lot, the property enjoys an exceptional central location in Klamath Falls.

The fourplex is a short drive from major landmarks such as the Oregon Institute of Technology, Jeld-Wen headquarters, and Running Y Resort, and Sky Lakes Medical Center. This apartment building is also just blocks away from downtown Klamath Falls, multiple schools and parks, restaurants, and much more.

All of the stunning Klamath County is accessible with an easy drive, such as Crater Lake National Park and Klamath Lake. Medford and I-5 access is within a 60-mile drive. The East Main Fourplex is an attractive opportunity to unlock significant value from an established asset in a beautiful setting.

Property Info

Price

$360,000

Property Type

Multifamily

Building SQ Feet

2,231

Lot Acres

0.12

Representation

Seller

Date Sold

9/24/2024