2236 3rd Street, Malin, OR 97632

$1,500,000

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List Price
$1,500,000
Status
ACTIVE
Days on Market
360
MLS#
220209606
Subtype
Residential Income
Style
Traditional
Year Built
1939
Lot Size
31,363
Acres
0.72
Subdivision
Klamath Forest Estates
Neighborhood
Klamath Forest Estates

Property Description

Excellent opportunity to acquire a well-positioned 15-unit apartment property in Malin, Oregon, offering the potential for steady rental income and long-term investment value. The majority of the units feature desirable two-bedroom layouts. The property showcases attractive brick construction surrounding a welcoming courtyard, providing strong curb appeal and a pleasant residential setting. The units are generally in good condition, with several having been recently updated. Capital improvements have also been made, including a new roof in 2026. Additional features include garage/storage space and a convenient location with a nearby park complete with an outdoor pool. With its established unit mix, attractive brick construction, courtyard setting, and recent improvements, this property presents an appealing opportunity for investors seeking a multifamily asset in Southern Oregon.

Additional Information

Interior Features
Shower/Tub Combo
Taxes
$3,097
Property Description
Traditional
Zoning
R
Flooring
Carpet, Laminate, Simulated Wood, Vinyl
Appliances
Cooktop, Oven, Range, Refrigerator, Water Heater
Heating
Baseboard, Electric
Air Conditioning
None
Stories
One
Levels
One
Roof
Composition
Foundation
Concrete Perimeter
Parking Features
Driveway, Gravel, On Street, Shared Driveway
Elementary School
Malin Elem
Middle School
Check With District
High School
Lost River High
View
Territorial, Neighborhood

Listing courtesy of Action Realty.

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Calculator source: Real Geeks

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: