224 S Broad St, Klamath Falls, OR, 97601
About This Home
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.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Approximately
- Year built: 1950
Materials
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 23
- Full bathrooms: 23
Heating
- Heating features: Baseboard,Zoned
Interior Area
- Total structure area: 10,752
- Total interior livable area: 10,752 sqft
Property
Details
- Parcel number: 414821
- Zoning: LI
Features
- Stories: 2
Lot
- Lot size: 0.25 Acres
- Features: SqFt 10000 to 14999
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Winter Weather
- Cold Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Klamath County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,550 | $54,600 |
| Home Insurance * | $394 | $4,728 |
| Property Taxes | $472 | $5,664 |
| Electricity | $975 | $11,709 |
| Total | $6,391 | $76,692 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-19 | Price change | $900,000 |
| 2025-05-28 | Listed for sale | $1,000,000 |
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