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$1,000,000

  • For Sale
  • Active
  • Multi-Family
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Don't miss your opportunity to purchase the White House! Located just blocks from downtown Klamath Falls & a quick commute to OIT, this 23 Unit value add investment opportunity features (1) 1 bed/1 bath unit & 22 studio's. Units are separately metered for power & the building features a laundry room in the basement along with space to create additional tenant storage. 11 current vacancies provide the opportunity to quickly renovate & stabilize the property with market rate tenants in need of affordable housing.

Full Property Details for 224 S Broad St

General

  • Price: $1,000,000
  • Taxes: $5,846 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 130162997
  • Updated: 10/1/2025
  • Added to Site: 233 day(s) ago

Rental Information

  • Rent Includes: None

Location

  • County: Klamath
  • Driving Directions: Main St

School Information

  • Elementary School: Mills
  • Middle School: Ponderosa
  • High School: Klamath Union

Community

  • Community Name: 300 - Klamath County

Heating & Cooling

  • Heating Type: Baseboard, Zoned
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Stories/Levels: 2
  • Square Feet: 10,752
  • Year Built: 1950
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size: 10, 000 to 14, 999 SqFt

Financial Considerations

  • Tax Amount: $5,846.72
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: RAILROAD ADDITION, BLOCK 4, LOT 3A 3B 4A 4B, TAX COURT ORDER, SC-
  • Property ID: 414821

Listed by SMI Commercial Real Estate LLC (503) 390-6060, Jordan Sparks (541) 646-0650

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Listing agent

— 224 S Broad St —

  • Jordan Sparks

    SMI Commercial Real Estate LLC

    503-390-6060

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 224 S Broad St

School District:Klamath Falls City Schools
NameGradesDistance
Mills Elementary School
520 East Main Street, Klamath Falls, OR 97601
K-50.5 mi
Ponderosa Junior High School
2554 Main Street, Klamath Falls, OR 97601
6-80.8 mi
Klamath Union High School
1300 Monclaire Street, Klamath Falls, OR 97601
9-120.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 224 S Broad St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/28/2025
Listed
$1,000,000
16.96%
MLS
8/17/2021
Sold
$855,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 224 S Broad St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,987
2%
$349,580
3%
2024
$5,847
4%
$339,400
—
2023
$5,614
6%
$339,400
9%
2021
$5,287
-4%
$310,620
-3%
2022
$5,502
4%
$319,930
6%
2021
$5,287
5%
$301,580
3%
2019
$5,053
—
$292,800
—
2018
$5,074
4%
$292,800
3%
2017
$4,898
3%
$284,280
3%
2016
$4,763
3%
$276,000
3%
2015
$4,607
11%
$267,970
3%
2014
$4,169
3%
$260,170
3%
2013
$4,047
—
$252,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by SMI Commercial Real Estate LLC (503) 390-6060, Jordan Sparks (541) 646-0650

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224 S Broad St, Klamath Falls, OR 97601 (MLS# 130162997) is a Multi-Family property with 23 units containing 0 bedrooms and 0 full bathrooms. 224 S Broad St is currently listed for $1,000,000 and was received on May 28, 2025. Want to learn more about 224 S Broad St? Do you have questions about finding other Multi-Family real estate for sale in Klamath Falls? You can browse all Klamath Falls real estate or contact a Coldwell Banker agent to request more information.

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