Investor Opportunity! This in-town triplex is a turnkey income-producing property, perfect for both first-time investors and seasoned portfolio builders. All three units are currently rented with stable tenants in place, offering immediate cash flow. Low-maintenance and well-maintained, this property is situated in a convenient location close to amenities, schools, and public transportation. Whether you're looking to start your investment journey or add a solid performer to your portfolio, this triplex is a smart move!
Closed
$340,000
1524 Division St, Klamath Falls, OR 97601
3beds
0baths
1,560sqft
Triplex, Multi Family
Built in 1941
-- sqft lot
$-- Zestimate®
$218/sqft
$1,021 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,021/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 29, 2025 at 03:24pm
Listed by:
Keller Williams Realty Southern Oregon 541-608-0447
Bought with:
John L Scott Real Estate Grants Pass
Source: Oregon Datashare,MLS#: 220204879
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
- Full bathrooms: 2
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Cooktop, Oven, Refrigerator, Water Heater
Features
- Flooring: Simulated Wood, Vinyl
- Windows: Vinyl Frames
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,560
- Total interior livable area: 1,560 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,098 sqft
- Features: Level
Details
- Parcel number: 632989
- Zoning description: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Klamath Falls
- Subdivision: Klamath Falls -Mills Addition
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $340,000-6.8%$218/sqft |
Source:  Oregon Datashare #220204879 | ||
| 7/11/2025 | Pending sale | $365,000$234/sqft |
Source: Oregon Datashare #220204879 | ||
| 6/28/2025 | Listed for sale | $365,000+121.2%$234/sqft |
Source: Oregon Datashare #220204879 | ||
| 10/1/2024 | Listing removed | $975$1/sqft |
Source: Zillow Rentals | ||
| 9/25/2024 | Price change | $975-2.5%$1/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2017 | $1,775 +6.2% | $99,760 +3% |
| 2016 | $1,671 | $96,860 +3% |
| 2015 | $1,671 | $94,040 |
Find assessor info on the county website
Neighborhood: 97601
Nearby schools
GreatSchools rating
- 2/10Mills Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10Ponderosa Junior High SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Klamath Union High SchoolGrades: 9-12Distance: 1.4 mi
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