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$425,000
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Property Description
Income-Producing Quadplex - Prime Investment Opportunity! Looking for the perfect investment property? This quadplex is a rare find! Unit 1 - Fully furnished and move-in ready! Unit 2 - Under construction, with all the hard work done-just finish to your liking and rent out! Units 3 & 4 - Occupied with tenants, generating steady rental income! Each unit features 2 bedrooms, 1 bathroom, and access to a shared, fenced backyard, offering privacy and outdoor space for tenants. This cash-flowing property is ready for its next owner-live in one, rent the others, or lease all four for maximum returns! Don't miss this opportunity-schedule your showing today!
Full Property Details
Full Property Details for 506 Division St
General
- Sold For: $425,000
- Taxes: $2,805 (2024)
- Status: Closed
- Type: Multi-Family
- Source: ODS
- MLS ID: 220198264
- Added to Site: 84 day(s) ago
Interior
- Interior Features: Open Floorplan
- Appliances: Cooktop, Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
- Flooring: Simulated Wood
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Parking
- Parking Features: Asphalt, On Street
- Parking: Primary Suite
Location
- Area: 2622
- County: Klamath
- Subdivision: Mills
School Information
- Elementary School: Check with District
- Middle School: Check with District
- High School: Check with District
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Frame
- Basement Desc.: None
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Common Walls: 2+ Common Walls
- Windows: Vinyl Frames
- Stories/Levels: 1
- Square Feet: 2,622
- Sq. Ft. Source: Assessor
- Year Built: 1956
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Street/Road Desc.: Paved
- Lot Features: Level
- Zoning: A
Financial Considerations
- Tax Amount: $2,805
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- APN: 480223
- Section: Not Applicable
- Block: 112
- Lot Number: 333
Listed and Sold by Keller Williams Realty Southern Oregon (541) 608-0447, Liz Puffenbarger (541) 281-5008
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Schools
Schools serving 506 Division St
School District:Klamath Falls City Schools
| Name | Grades | Distance |
|---|---|---|
Mills Elementary School 520 East Main Street, Klamath Falls, OR 97601 | K-5 | 0.2 mi |
Ponderosa Junior High School 2554 Main Street, Klamath Falls, OR 97601 | 6-8 | 0.2 mi |
Klamath Union High School 1300 Monclaire Street, Klamath Falls, OR 97601 | 9-12 | 1 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 506 Division St
Date
Details
Price
Change
Source
12/26/2025
Sold
$425,000
—
MLS
3/28/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
506 Division Street, Klamath Falls, OR 97601 (MLS# 220198264) is a Multi-Family property that was sold at $425,000 on December 26, 2025. Want to learn more about 506 Division Street? 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.

