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    2236 3Rd St Malin, OR 97632

    For Sale
    $1,500,000

    Multi Family, Traditional - Malin, OR

    Type:Multi Family
    Lot size:
    0.72 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 2236 3Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    R
    APN
    124074
    Parking features
    Driveway, On Street
    Interior features
    Shower/Tub Combo
    Appliances
    Cooktop, Range, Refrigerator
    Lot size
    0.72 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1939
    Floors in Building
    1
    Number of units
    15
    Flooring type
    Carpet, Laminate, Vinyl, Wood
    Building materials
    Brick, Frame
    Roof type
    Composition
    Architectural style
    New Traditional

    Action Realty (541) 884-3367 [email protected]

    Listing agent Jennifer Frye (541) 884-3367 License #201213507

    Listing date Oct 14, 2025

    MLS# 220209606 Listing URL

    Copyright © 2025 Klamath County Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Family Investment Opportunity in Malin

    This multi-family property in Malin, Oregon, presents an investment opportunity with potential for a steady income stream. The majority of units feature two bedrooms. Old-style garages offer additional storage space for tenants. Some capital repairs have been completed, including a partial new roof and rehabilitation of several units. The property features brick construction and a courtyard. Its location is near parks, shopping, and restaurants. The lot size is 0.72 acres. The zoning is R. Owner financing may be available. This property may be suitable for expanding a real estate portfolio or generating passive income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Building Supply Restaurant Auto Repair Shop Auto Parts Store Storage Facility Food Market Grocery Store Daycare Center Wine and Liquor Store Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malin
    County
    Klamath
    State
    Oregon
    Longitude
    -121.410579
    Latitude
    42.011775

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    FAQs

    What type of property is this?
    Apartment building - Multi-family property with income potential, convenient location, and possible financing.
    Where is this apartment building located?
    The property is located at 2236 3Rd St Malin, OR.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Potential for owner financing makes investment more accessible.; - Convenient location near parks, shopping, and restaurants.; - Attractive brick construction and courtyard.
    (541) 884-3367
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2236 3Rd St Malin, OR 97632
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