Stacy Ellingson - Principal Broker
Principal Broker
REALTOR®, GRI,e-PRO,PSA,AHWD,C2EX,CREIPS,NCREA
(541) 591-4322
BEDS0
BATHS
SQUARE FEET9,912
MLS#220209606
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONKlamath 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Heating: Baseboard, Electric
Home Style: Traditional
Lot Size: 0.72 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $3,097
Year Built: 1939
Feature Descriptions
Exterior: Brick, Frame
Sewer: Public Sewer
Special View Info: Neighborhood, Territorial
Units: 15
Local Schools
High School: Lost River
Elementary School: Malin
Listed By / Shown By
Listed By
Agency Name: Action Realty
Shown By
Agent Name: Stacy Ellingson - Principal Broker
Agent Phone: (541) 591-4322
Agency Title: Fisher-Nicholson Realty LLC
Estimate Your Payment
Estimated Payment
$ 8,780.21 per month $8,084.62 Principal & Interest $258.08 Property Tax $437.50 Homeowner's InsuranceChange Payment Information
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2236 3rd Street | MLS# 220209606
This multi-family property located at 2236 3rd Street, Malin, OR 97632 is currently listed for sale with an asking price of $1,500,000. Search Malin real estate on stacyellingson.fnrhomes.com today.