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1250 Madison Street

Klamath Falls, OR 97603
  • $525,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 220193618
UPDATED: 59 min ago
$525,000
  • 4
    BEDS
  • 5.43
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,398
    SQFT
  • $219
    $/SQFT
Neighborhood:
N/A
Type:
Manufactured Home
Built:
1970
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Fathom Realty Oregon LLC :.

Description

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%

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Central Oregon Association of Realtors logo © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Ponderosa Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Ponderosa Properties, LLC. Data last updated: .2025-01-14T12:44:06.673
www.arendsrealtygroup.com/homes/158755896
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1250 Madison Street Klamath Falls, OR 97603

  • Price: $525,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 59 min ago
  • MLS #: 220193618
4
Beds
3
Baths
0
½ Baths
5.43
Acres
2,398
SQFT
$219
$/SQFT
1970
Built
Neighborhood:
N/A
County:
Klamath
Area:
Klamath Falls
Elementary School:
Shasta Elem
Middle School:
Bixner Junior High
High School:
Mazama High School
Property Description
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%
Exterior Features

Architectural Style Traditional Attached Garage YN No Body Type [] Construction Materials FrameManufactured House Exterior Features [] Foundation Details Pillar/Post/Pier Garage YN Yes Lot Features FencedLandscapedLevelSprinklers In FrontSprinklers In Rear Parking Features Attached CarportDetachedStorageWorkshop in Garage Roof CompositionMetal Window Features []

Interior Features

Appliances DishwasherOvenRangeRefrigeratorWater Heater Basement None Cooling None Cooling YN No Dining Room Yes Fireplace Features [] Flooring CarpetVinyl Heating Forced Air Heating YN Yes Interior Features [] Kitchen Yes Laundry Yes Levels One Living Room Yes Primary Bedroom Yes

Property Features

Accessibility Features [] Accessory Dwelling Unit YN Yes Additional Parcels YN No ADUPermitted YN Yes ADUSq Ft 958 ADUType Detached Association Amenities [] Association YN No Building Area Total 1440 CCRs YN No Common Walls No Common Walls Community Features [] Horse YN Yes Irrigation Source [] Listing Terms CashContractConventionalFHAFMHAOwner Will CarryUSDA LoanVA Loan New Construction YN No Other Structures [] Property Sub Type Single Family Residence Rented YN Yes Road Frontage Type Private Access Road Surface Type [] Security Features [] Senior Community YN No Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 1606.74 Tax Year 2024 View Mountain(s) Water Source Well Waterfront Features [] Zoning Description RS

Listing information © 2025 MLS of Central Oregon
Listing provided courtesy of Fathom Realty Oregon LLC :.

Central Oregon Association of Realtors logo © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Ponderosa Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Ponderosa Properties, LLC. Data last updated: .2025-01-14T12:44:06.673
 
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Arends Realty Group | Ponderosa Properties, LLC
178 S Elm St Suite 102/103
Sisters OR, 97759
Listing provided courtesy of Fathom Realty Oregon LLC :.