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    506 Division St Klamath Falls, OR 97601

    Pending
    For Sale
    $425,000

    Traditional, Quadruplex - Klamath Falls, OR

    Type:Quadruplex
    Lot size:
    0.22 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 506 Division St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Pending
    Zoning
    A
    APN
    480223
    Parking features
    On Street
    Interior features
    Open Floorplan
    Appliances
    Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    1956
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Wood
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    New Traditional

    Keller Williams (541) 608-0447

    Listing agent Liz Puffenbarger (541) 608-0447 License #201236059

    Listing date Oct 24, 2025

    MLS# 220198264 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

    Income-Producing Klamath Falls Quadplex

    This income-producing quadplex presents a prime investment opportunity. The property features four units, each with 2 bedrooms and 1 bathroom. Tenants have access to a shared, fenced backyard, offering privacy and outdoor space. One unit is fully furnished and move-in ready. Another unit is under construction, with the majority of the work completed. The remaining two units are occupied by tenants, generating rental income. This cash-flowing property is located in Klamath Falls, Oregon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Two Sox Serviced Accommodation

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.762211
    Latitude
    42.224461

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    FAQs

    What type of property is this?
    Quadplex - Klamath Falls quadplex with income potential and move-in ready unit.
    Where is this quadplex located?
    The property is located at 506 Division St Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Income-producing quadplex with existing rental income from two units.; - Unit 1 is fully furnished and move-in ready.; - Unit 2 is under construction, allowing for customization and immediate rental potential upon completion.
    (541) 608-0447
    Request Owner's contact information
    506 Division St Klamath Falls, OR 97601
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    Klamath Falls, OR 97601
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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
    506 Division St Klamath Falls, OR 97601
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