# 2236 3rd Street, Malin, OR 97632

> **TL;DR:** residential multi family, $1,500,000 ($151/sqft), built 1939, 9,912 sqft.
> View. Est. $8,023/mo. Listed 362 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Price/sqft | $151 |
| Square Feet | 9,912 |
| Year Built | 1939 |
| Lot Size | 31,363 sqft (0.72 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 362 |

## Why This Home Stands Out

- **Views** - Territorial

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,585 |
| Estimated Insurance | $438 |
| **Total** | **$8,023** |

## Nearby Schools

- **Elementary:** Malin Elem
- **Middle:** Check with District
- **High:** Lost River High

## Key Amenities

- View

## Property Highlights

- Built in 1939
- 0.72 acre lot

## Description

### Agent 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.

## Location

- **Address:** 2236 3rd Street, Malin, OR 97632
- **County:** Klamath
- **Neighborhood:** Klamath Forest Estates
- **Coordinates:** 42.011775, -121.410579
- **Google Maps:** https://www.google.com/maps?q=42.011775,-121.410579

## Listing Agent

- **Name:** Jennifer Frye
- **Brokerage:** Action Realty
- **Phone:** 7753180126
- **Broker Phone:** (541) 884-3367
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2236-3rd-St_Malin_OR_97632_M27664-66911?f=listhub&s=ODOR&m=220209606&c=propsimple)

## Photos

![2236 3rd Street - Photo 1](http://lh.rdcpix.com/c4380c3babaa571796d4784f48239fa8l-f3376151019r.jpg)

![2236 3rd Street - Photo 2](http://lh.rdcpix.com/c4380c3babaa571796d4784f48239fa8l-f2707157054r.jpg)

![2236 3rd Street - Photo 3](http://lh.rdcpix.com/c4380c3babaa571796d4784f48239fa8l-f596929212r.jpg)

![2236 3rd Street - Photo 4](http://lh.rdcpix.com/c4380c3babaa571796d4784f48239fa8l-f1801630328r.jpg)

![2236 3rd Street - Photo 5](http://lh.rdcpix.com/c4380c3babaa571796d4784f48239fa8l-f2901053037r.jpg)

![2236 3rd Street - Photo 6](http://lh.rdcpix.com/c4380c3babaa571796d4784f48239fa8l-f2775157870r.jpg)

![2236 3rd Street - Photo 7](http://lh.rdcpix.com/c4380c3babaa571796d4784f48239fa8l-f933344612r.jpg)

![2236 3rd Street - Photo 8](http://lh.rdcpix.com/c4380c3babaa571796d4784f48239fa8l-f14367812r.jpg)

---

**MLS#:** 220209606 | **Updated:** 2026-09-13
**Source:** listhub

*Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2236-3rd-street-malin-or-97632-20209606)

---

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