Listed by: Eric Herrlich · Keller Williams Realty Southern Oregon

$850,000
  • — beds
  • 0 baths
  • — sqft

323 Commercial Street, Klamath Falls, OR 97601

Est. $4,897/moPayment calculator
  • Multi FamilyHome type
  • Built in 9999Year built
  • 0.25 acresLot
  • NoneHOA

About this home

  • Listed Jul 4, 2026
  • 90 days on market
  • 31 photos

Great investment opportunity. 10 unit complex that has undergone many updates and remodeling. 2 bed/1 bath unit is fenced and gated and currently occupied by the rental manager. Two 4-plex apartment buildings are gated with audio/video surveillance for security. Rent includes water, sewer & garbage. Avista natural gas is stubbed out to all buildings so it can be easily utilized.

Facts & features

Interior

Bathrooms
0
Levels
One

Features

  • Laminate Counters
  • Shower/Tub Combo

Appliances

  • Range
  • Range Hood
  • Refrigerator
  • Water Heater

Heating & cooling

  • Ductless
  • Electric
  • Zoned
  • Wall/Window Unit(s)

Flooring

  • Laminate

Property

Lot size
0.25 acres
Subdivision
Klamath Falls -Railroad Addition

View

  • City
  • Mountain(s)
  • Neighborhood

Parking

  • Asphalt
  • Driveway
  • On Street
  • Workshop in Garage

Construction

Home type
Multi Family
Property type
Residential Income
Year built
9999

Materials

  • Block
  • Brick
  • Frame
  • Composition roof

Utilities

Sewer & water

  • Public Sewer
  • Public water
  • Water Meter water

Community & HOA

Subdivision
Klamath Falls -Railroad Addition
HOA dues
None
County
Klamath

Financial & listing details

List price
$850,000
Annual property tax
$5,068
Date on market
Jul 4, 2026
Days on market
90
MLS#
220224660

Price & status history

DateEventPrice
Jul 4, 2026Listed for sale$850,000

Neighborhood

  • SubdivisionKlamath Falls -Railroad Addition
  • CityKlamath Falls, OR 97601
  • CountyKlamath

Payment calculator

Estimated monthly payment

$4,897/mo

  • Principal & interest$4,298
  • Property taxes$422
  • Homeowners insurance$177
  • HOA dues$0

Loan amount $680,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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MLSCO

Listing provided by Keller Williams Realty Southern Oregon · Listing agent: Eric Herrlich

Source
MLS of Central Oregon
MLS#
220224660
Last updated
Sep 2, 2026 at 1:09 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.