For Sale11d on marketHistoric · 96 yrs

531 N 11th St

Klamath Falls, OR, 97601 • 97601 • Klamath County

$545,000

$133/sqft

6Beds

4,105Sqft

0.13 acLot

1930Built

Property DNA

6 highlights

Neighborhood Views

Neighborhood

Craftsman Style

Built 1930 · 96 years of history

Klamath Falls -Nichols Addition

97601

Enhanced Security

Carbon Monoxide Detector(s) · Smoke Detector(s)

Outdoor Living

Patio

Tile Floors

Quality flooring throughout

This home is getting attention

Listed 11 days ago · 171 views · 8 saves

Market activity

Demand and pricing signals for this listing

171 views

People checking out this listing

8 saves

Buyers have saved this home

11 days on market

Recently listed

$133/sqft

Price per square foot

Selling Soon Prediction

High

This home ranks in the top 22% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

Want the full market analysis?

Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.

Unlock Full Report

Free · Delivered to your inbox in minutes

About this home

Multi Family · Built 1930 · Historic

Turnkey 5-Unit Investment Opportunity! This well-maintained two-building apartment complex offers a consistent rental history and strong net income. The property features two 2-bed/1-bath units and three 1-bed/1-bath units, each with separate electric meters--ideal for investors seeking reliable cash flow. Recent improvements include updated units and upgraded electrical panels, along with a shared coin-operated laundry and four garage parking spaces. Conveniently located just minutes from Oregon Institute of Technology, Sky Lakes Medical Center, and downtown Klamath Falls, the property provides excellent access to major employment centers and everyday amenities, helping support strong and consistent rental demand. 2025 net income exceeded $42K. With solid cash flow and long-term appreciation potential, this is a rare opportunity to own a profitable, low-maintenance multi-family investment.

Standout features identified

Our analysis highlights well-maintained two-building apartment complex, updated units, and four garage parking spaces as key attractions of this home.

Estimated monthly payment

Based on current rates

$3,461/month

Principal & Interest$2,735

Property Tax$545

Insurance$182

Down payment20% ($109,000)

3%50%

Est. 6.43% rate · 30yr fixed · $436,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeMulti Family

Year Built1930

HeatingBaseboard, Electric, Forced Air, Natural Gas

CoolingNone

ParkingAttached Garage

Days on Zillow11 Days

Price/sqft$133

Property

Home typeMulti Family

Sub-typeMulti Family

StyleCraftsman

Year built1930

Stories2

Systems

HeatingBaseboard, Electric, Forced Air, Natural Gas

CoolingNone

RoofComposition,Rolled/Hot Mop

ConstructionFrame

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingAttached, Detached, Garage Door Opener, On Street, Shared Driveway

BasementFull,Unfinished

Lot5,662 sqft

Location & Tax

Neighborhood97601

Annual tax$3,757

Parcel00369808

Bathrooms & Fees

Full baths2

Features & details

13 categories of property features

Interior Features

Interior

Ceiling Fan(s)

Laminate Counters

Linen Closet

Shower/Tub Combo

Appliances

Dishwasher

Disposal

Dryer

Oven

Range

Range Hood

Refrigerator

Washer

Water Heater

Flooring

Carpet

Tile

Vinyl

Other

Heating

Baseboard

Electric

Forced Air

Natural Gas

Cooling

None

Fireplace

Living Room

Wood Burning

Windows

Aluminum Frames

Vinyl Frames

Exterior Features

Parking

Attached

Detached

Garage Door Opener

On Street

Shared Driveway

Construction

Frame

Patio & Porch

Patio

Lot Features

Level

Security

Carbon Monoxide Detector(s)

Smoke Detector(s)

Views

Neighborhood

Listing insights

Market data and value estimates

StatusFor Sale

Days on market11

Est. value$540,300

Est. rent$1,046/mo

Tax rate0.57%

Price/sqft$133

On marketMar 16, 2026

PostedMar 16, 2026

Last sold$453,000

MLS statusActive

MLS updatedMar 16, 2026

Tour days9

Favorites8

How are the schools in Klamath Falls?

3 schools rated nearby

Pelican Elementary School

Elementary • Public • K-5

1.7 mi

Ponderosa Junior High School

Middle • Public • 6-8

1.1 mi

Klamath Union High School

High • Public • 9-12

0.2 mi

Location

Klamath Falls, OR, 97601

Expand map

Price history

26 events

DateEventPrice$/sqftSource

Mar 16, 2026Listed For Sale$545,000$133Oregon Datashare

Dec 2, 2025Listing Removed$539,000$131Oregon Datashare

Oct 20, 2025Price Change$539,000$131Oregon Datashare

Sep 3, 2025Price Change$549,000$134Oregon Datashare

Jul 17, 2025Listed For Sale$560,000$136Oregon Datashare

Jul 1, 2025Listing Removed$570,000$139Oregon Datashare

Jun 19, 2025Price Change$570,000$139Oregon Datashare

May 19, 2025Price Change$580,000$141Oregon Datashare

Apr 17, 2025Price Change$590,000$144Oregon Datashare

Mar 18, 2025Listed For Sale$595,000$145Oregon Datashare

Sep 25, 2024Listing Removed$649,000$158Oregon Datashare

May 21, 2024Listed For Sale$649,000$158Oregon Datashare

Feb 15, 2024Listing Removed$649,000$158Oregon Datashare

Oct 27, 2023Price Change$649,000$158Oregon Datashare

Oct 2, 2023Price Change$674,000$164Oregon Datashare

Aug 9, 2023Price Change$699,000$170Oregon Datashare

Jul 18, 2023Price Change$725,000$177Oregon Datashare

Jun 23, 2023Listed For Sale$750,000$183Oregon Datashare

May 25, 2023Listing Removed$735,000$179Oregon Datashare

Apr 29, 2023Listed For Sale$735,000$179Oregon Datashare

Jan 15, 2021Sold$453,000$110Oregon Datashare

Nov 20, 2020Pending Sale$450,000$110Exp Realty

Nov 12, 2020Listed For Sale$450,000$110Exp Realty

Jun 30, 2019Listing Removed$995—Lakeside Property Management LLC

Jun 7, 2019Listed For Rent$995—Lakeside Property Management LLC

Oct 4, 1993Sold$115,000$28Agent Provided

Listed For Sale$545,000

Mar 16, 2026•$133/sqft•Oregon Datashare

Listing Removed$539,000

Dec 2, 2025•$131/sqft•Oregon Datashare

Price Change$539,000

Oct 20, 2025•$131/sqft•Oregon Datashare

Price Change$549,000

Sep 3, 2025•$134/sqft•Oregon Datashare

Listed For Sale$560,000

Jul 17, 2025•$136/sqft•Oregon Datashare

Listing Removed$570,000

Jul 1, 2025•$139/sqft•Oregon Datashare

Price Change$570,000

Jun 19, 2025•$139/sqft•Oregon Datashare

Price Change$580,000

May 19, 2025•$141/sqft•Oregon Datashare

Price Change$590,000

Apr 17, 2025•$144/sqft•Oregon Datashare

Listed For Sale$595,000

Mar 18, 2025•$145/sqft•Oregon Datashare

Listing Removed$649,000

Sep 25, 2024•$158/sqft•Oregon Datashare

Listed For Sale$649,000

May 21, 2024•$158/sqft•Oregon Datashare

Listing Removed$649,000

Feb 15, 2024•$158/sqft•Oregon Datashare

Price Change$649,000

Oct 27, 2023•$158/sqft•Oregon Datashare

Price Change$674,000

Oct 2, 2023•$164/sqft•Oregon Datashare

Price Change$699,000

Aug 9, 2023•$170/sqft•Oregon Datashare

Price Change$725,000

Jul 18, 2023•$177/sqft•Oregon Datashare

Listed For Sale$750,000

Jun 23, 2023•$183/sqft•Oregon Datashare

Listing Removed$735,000

May 25, 2023•$179/sqft•Oregon Datashare

Listed For Sale$735,000

Apr 29, 2023•$179/sqft•Oregon Datashare

Sold$453,000

Jan 15, 2021•$110/sqft•Oregon Datashare

Pending Sale$450,000

Nov 20, 2020•$110/sqft•Exp Realty

Listed For Sale$450,000

Nov 12, 2020•$110/sqft•Exp Realty

Listing Removed$995

Jun 30, 20190•Lakeside Property Management LLC

Listed For Rent$995

Jun 7, 20190•Lakeside Property Management LLC

Sold$115,000

Oct 4, 1993•$28/sqft•Agent Provided

Tax history

19 years of records

YearTax paidAssessed value

Mar 27, 2024$3,670$213,030

Mar 27, 2023$3,524$206,830

Mar 27, 2022$3,454$200,810

Mar 27, 2021$3,319$194,970

Mar 27, 2020$3,255$189,300

Mar 27, 2019$3,171$183,790

Mar 27, 2018$2,777$178,440

Mar 27, 2017$2,777$178,440

Mar 27, 2016$2,487$160,120

Mar 27, 2015$2,487$183,510

Mar 27, 2014$2,835$170,990

Mar 27, 2013$2,458$154,150

Mar 27, 2011$2,643$167,960

Mar 27, 2010$2,615$167,960

Mar 27, 2009$2,562$158,330

Mar 27, 2008$2,473$153,720

Mar 27, 2007$2,372$237,205

Mar 27, 2006$2,324$232,369

Mar 27, 2004—$118,270

Nearby homes

Off Market

$163,800

2 bd1 ba804 sqft

519 N 11th St, Klamath Falls, OR

Off Market

$203,100

4 bd2 ba1,073 sqft

535 N 11th St, Klamath Falls, OR

Off Market

$137,900

2 bd1 ba624 sqft

1116 Lincoln St, Klamath Falls, OR

Off Market

1 bd1 ba565 sqft

529 N 11th St, Klamath Falls, OR

Off Market

$238,500

2 bd1 ba

509 N 11th St, Klamath Falls, OR

Off Market

$211,700

2 bd1 ba1,718 sqft

1122 Lincoln St, Klamath Falls, OR

Off Market

2 bd1 ba

1115 Lincoln St, Klamath Falls, OR

Off Market

$178,300

2 bd1 ba

511 N 11th St, Klamath Falls, OR

Neighborhood details

Local context around this listing

Klamath Falls, OR • Klamath County

Nearby neighborhoods

Falcon HeightsRocky PointRunning Y Ranch

Nearby cities

BeattyBonanzaChiloquinDairyKenoKlamath FallsMalinMerrill

Nearby zip codes

9760197602976039762797633

Similar homes

For Sale

$499,000

4 bd4 ba4,819 sqft

1540 Pacific Ter, Klamath Falls, OR

For Sale

$529,000

4 bd6 ba3,255 sqft

1425 Pacific Ter, Klamath Falls, OR

For Sale

$599,000

4 bd3 ba2,800 sqft

840 Ponderosa Dr, Klamath Falls, OR

For Sale

$620,000

5 bd3 ba2,955 sqft

2100 Park Ave, Klamath Falls, OR

For Sale

$675,000

4 bd3 ba3,911 sqft

525 Mesa Dr, Klamath Falls, OR

For Sale

$425,000

4 bd3 ba2,833 sqft

2046 Huron St, Klamath Falls, OR

402 Mountain View Blvd, Klamath Falls, OR

For Sale

$480,000

4 bd3 ba2,416 sqft

402 Mountain View Blvd, Klamath Falls, OR

For Sale

$375,000

3 bd2,737 sqft

1146 Pine St, Klamath Falls, OR

For Sale

$299,000

4 bd2,575 sqft

632 N 10th St, Klamath Falls, OR

For Sale

$464,900

4 bd3 ba2,631 sqft

1545 N Eldorado Ave, Klamath Falls, OR

For Sale

$295,000

5 bd2 ba2,302 sqft

720 N Eldorado Ave, Klamath Falls, OR

1185 Orange Blossom Dr, Klamath Falls, OR

For Sale

$574,900

5 bd4 ba2,368 sqft

1185 Orange Blossom Dr, Klamath Falls, OR

310 Mountain View Blvd, Klamath Falls, OR

For Sale

$469,900

4 bd3 ba2,487 sqft

310 Mountain View Blvd, Klamath Falls, OR

For Sale

$280,000

4 bd3 ba2,526 sqft

703 N 9th St, Klamath Falls, OR

For Sale

$589,000

4 bd3 ba2,076 sqft

2937 Front St, Klamath Falls, OR

For Sale

$495,000

4 bd2,620 sqft

3614 Summers Ln, Klamath Falls, OR

For Sale

$415,000

4 bd3 ba2,089 sqft

164 Peach St, Klamath Falls, OR

For Sale

$429,900

4 bd5 ba2,470 sqft

1027 Lakeshore Dr, Klamath Falls, OR

For Sale

$550,000

3 bd2 ba2,828 sqft

5151 Summers Ln, Klamath Falls, OR

For Sale

$445,000

4 bd3 ba2,127 sqft

2627 Berkeley St, Klamath Falls, OR

Tour This Home

Available dates

Select a time

Mar 27, 2026

High demand — 171 people viewed this listing. Tours fill up fast.

No obligation · Same-day confirmation · Takes 30 seconds

Need a different time? Request custom scheduling

Have a Question?

Get details on this property, the neighborhood, or the buying process.

Ask About This Property

We typically respond within a few hours

Download property brochure

Photos, details & neighborhood info in one PDF

Get brochure

Free · No sign-up required

Get pre-approved

Know your budget & strengthen your offer

Check eligibility

Value estimates

Live

Est. value$540,300

Est. rent$1,046/mo

30yr rate est.6.43%

Affordability$3,247/mo

Accepted financing

CashConventional

Own a home nearby?

See what it's worth in today's market

Get estimate

© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Zillow Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on 2026-03-27 04:55:15 PDT

Schedule Tour Ask

No obligation · Same-day response