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$1,500,000

  • For Sale
  • Active
  • Multi-Family
See This Home
Save This Home
See This Home
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This investment opportunity offers a great potential for a steady income stream with the majority of units being two bedrooms. The old-style garages can provide additional storage space to attract potential tenants. The owner has already completed some of the needed capital repairs including a partial new roof and rehabilitation of several units. The attractive brick construction and courtyard add to the property's appeal and can help in attracting tenants. The convenient location near parks, shopping, and restaurants can also make this property a beneficial rental option for many individuals. Additionally, the potential for owner financing can make the investment more accessible to interested buyers. Overall, this property presents a promising investment opportunity with potential for growth and a good return on investment. It may be worth considering for those looking to expand their real estate portfolio or generate passive income.

Full Property Details for 2236 3rd St

General

  • Price: $1,500,000
  • Taxes: $3,097 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ODS
  • MLS ID: 220209606
  • Updated: 10/14/2025
  • Added to Site: 116 day(s) ago

Interior

  • Interior Features: Shower/Tub Combo
  • Appliances: Cooktop, Oven, Range, Refrigerator, Water Heater
  • Flooring: Carpet, Laminate, Simulated Wood, Vinyl

Additional Information

  • Security/Safety: Smoke Detector(s)

Parking

  • Parking Features: Driveway, Gravel, On Street, Shared Driveway
  • Parking: Driveaway

Location

  • Area: 9912
  • County: Klamath
  • Subdivision: Klamath Forest Estates
  • Cross Streets: Railroad Ave
  • Driving Directions: Corner of Third and Railroad

School Information

  • Elementary School: Malin Elem
  • Middle School: Check with District
  • High School: Lost River High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Construction: Brick, Frame
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Stories/Levels: 1
  • Square Feet: 9,912
  • Sq. Ft. Source: Assessor
  • Year Built: 1939

Lot Features

  • Property View: Neighborhood, Territorial
  • Lot Size (Acres): 0.72
  • Lot Size (Sq. Ft.): 31,363
  • Frontage: Shared Access
  • Street/Road Desc.: Paved
  • Lot Features: Corner Lot, Level, Native Plants
  • Zoning: R

Financial Considerations

  • Tax Amount: $3,097.88
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 124074
  • Section: Not Applicable
  • Block: 43
  • Lot Number: 4-12

Listed by Action Realty (541) 884-3367, Jennifer Frye (541) 363-7678 and Action Realty (541) 884-3367, Anita Matys (541) 884-3367

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Listing agents

— 2236 3rd St —

  • Jennifer Frye

    Action Realty

    541-884-3367

  • Anita Matys

    Action Realty

    541-884-3367

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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 2236 3rd St

School District:Klamath County School District
NameGradesDistance
Malin Elementary School
2153 3rd Street, Malin, OR 97632
K-60.1 mi
Lost River High School
23330 Highway 50, Merrill, OR 97633
7-124.8 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 2236 3rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/22/2025
Listed
$1,500,000
500%
MLS
12/31/2009
Sold
$250,000
—
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 2236 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,098
3%
$206,220
3%
2024
$3,013
4%
$200,220
—
2023
$2,905
6%
$200,220
9%
2021
$2,737
-3%
$183,240
-3%
2022
$2,825
3%
$188,730
6%
2021
$2,737
6%
$177,910
3%
2019
$2,581
3%
$172,730
3%
2018
$2,506
25%
$167,700
25%
2017
$2,010
-5%
$134,180
-4%
2016
$2,106
—
$140,360
—
2015
$2,101
1%
$140,360
—
2014
$2,073
-5%
$140,360
-6%
2013
$2,184
—
$149,100
—
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 Action Realty (541) 884-3367, Jennifer Frye (541) 363-7678 and Action Realty (541) 884-3367, Anita Matys (541) 884-3367

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2236 3rd Street, Malin, OR 97632 (MLS# 220209606) is a Multi-Family property with 15 units containing 0 bedrooms and 0 full bathrooms. 2236 3rd Street is currently listed for $1,500,000 and was received on September 22, 2025. Want to learn more about 2236 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Malin? You can browse all Malin real estate or contact a Coldwell Banker agent to request more information.

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