2236 3rd Street, Malin, OR 97632

$1,500,000

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List Price
$1,500,000
MLS#
220209606
Status
ACTIVE
City
Malin
County
Klamath
Year Built
1939

Property Description

Excellent opportunity to acquire a well-positioned 15-unit apartment property in Malin, Oregon, offering the potential for steady rental income and long-term investment value. The majority of the units feature desirable two-bedroom layouts. The property showcases attractive brick construction surrounding a welcoming courtyard, providing strong curb appeal and a pleasant residential setting. The units are generally in good condition, with several having been recently updated. Capital improvements have also been made, including a new roof in 2026. Additional features include garage/storage space and a convenient location with a nearby park complete with an outdoor pool. With its established unit mix, attractive brick construction, courtyard setting, and recent improvements, this property presents an appealing opportunity for investors seeking a multifamily asset in Southern Oregon.

Additional Information

Taxes
$3,097
Acres
0.72
View
Territorial, Neighborhood
Water
Public
Heating
Baseboard, Electric
Foundation
Concrete Perimeter
Flooring
Carpet, Laminate, Simulated Wood, Vinyl
Elementary School
Malin Elem
Middle School
Check With District
High School
Lost River High

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Action Realty.

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