INVESTOR ALERT!! Here's a great opportunity to add to your investment portfolio at a ''2 for 1'' price. OR, if you're looking to cut down on your housing expenses, live in one of the homes and rent out the other. AND the zoning designation of CG (commercial general), alongside this property's central location in town...again, you have options!
Both homes are in generally good shape. They are ''cosmetic fixers'' worst case. The primary 3 bed/2 bath house features new laminate flooring in the kitchen/dining, new exterior paint, a large bonus room, and central air.
The smaller 1 bed/1 bath ''back house'' features a full size kitchen, bathroom, separate driveway and carport. Both homes share the large .35 acre lot, with large shade trees great for hosting backyard bbq's!
The security of commercial businesses surrounding this property creates an overall safe and secure environment.
Schedule your walkthrough today!
Closed
$250,000
2221 Madison St, Klamath Falls, OR 97603
3beds
2baths
2,418sqft
Single Family Residence
Built in 1966
0.35 Acres Lot
$335,400 Zestimate®
$103/sqft
$1,037 Estimated rent
Home value
$335,400
$312,000 - $362,000
$1,037/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 05, 2024 at 07:33pm
Listed by:
Windermere Real Estate Kf 541-885-4400
Bought with:
Fisher Nicholson Realty, LLC
Source: Oregon Datashare,MLS#: 220150961
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer, Water Heater
Features
- Flooring: Carpet, Laminate
- Windows: Vinyl Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Great Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,778
- Total interior livable area: 2,418 sqft
Property
Parking
- Parking features: Driveway, Gravel, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Courtyard
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.35 Acres
Details
- Additional structures: Shed(s)
- Parcel number: R507561
- Zoning description: CG
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Klamath Falls
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Listing removed | $1,600$1/sqft |
Source: Zillow Rentals | ||
| 10/11/2025 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals | ||
| 4/29/2025 | Listing removed | $1,600$1/sqft |
Source: Zillow Rentals | ||
| 4/21/2025 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals | ||
| 9/24/2024 | Listing removed | $1,600$1/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,870 -38% | $155,290 +3% |
| 2023 | $3,015 +4.6% | $150,770 +3% |
| 2022 | $2,883 +69.9% | $146,380 +3% |
Find assessor info on the county website
Neighborhood: 97603
Nearby schools
GreatSchools rating
- 5/10Shasta Elementary SchoolGrades: K-6Distance: 0.3 mi
- 3/10Henley Middle SchoolGrades: 7-8Distance: 3.9 mi
- 8/10Henley High SchoolGrades: 9-12Distance: 4.1 mi
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