1250 Madison Street, Klamath Falls, OR 97603

$525,000

bedrooms

bathrooms

square feet

4,368

Acreage

5.43

Open Houses

year built

1970

Full Baths

Half Baths

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Two homes on one large suburban lot! Rare, hard-to-find acreage located off Shasta Way in Klamath Falls can now be yours! Priced to sell and ready for new owners. Both homes are currently rented. 3bed, 1bath 1440 sf 1970 manufactured home with a fenced yard. Well maintained and clean unit. Brand new flooring and fresh paint. Separate living, dining and family room areas. Separate laundry room with space for a second fridge. In-ground sprinklers for low maintenance yard. Storage shed. Forced air heat. The second unit is a one bed one bath 958 sf home with a private yard. It has a walk in pantry, large closet, fresh paint, and new carpet. Both units are on their own meters and billed separately. Both homes are on a private well. The property also includes a large 4 car garage/shop which has been rented in the past but is currently used by the owners. The property could be developed or left as-is, producing income with a cap rate of about 5-6%

Location
Subdivision	N/A
County	Klamath
Elementary School	Shasta Elem
Middle School	Brixner Junior High
High School	Mazama High School

Driving directions

Open houses

None scheduled.

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MLS number: 220198881

Listing agent: Amber Owings #201238554

Listing broker: Exp Realty, Llc (541) 292-4444

Last update: Saturday, April 5 2025 at 3:56 a.m. EDT

Kotohomes National