2236 3rd St, Malin, OR 97632
FOR SALE
0.72 ACRES

2236 3rd St
Malin, OR 97632

  • Studio
  • 9,912 sqft (on 0.72 acres)

$1,500,000

Est. Mortgage $8,239/mo*

$1,500,000

Est. Mortgage $8,239/mo*
Studio
9,912 sqft
(on 0.72 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

This investment opportunity offers a great potential for a steady income stream with the majority of units being two bedrooms. The old-style garages can provide additional storage space to attract potential tenants. The owner has already completed some of the needed capital repairs including a partial new roof and rehabilitation of several units.
The attractive brick construction and courtyard add to the property's appeal and can help in attracting tenants. The convenient location near parks, shopping, and restaurants can also make this property a beneficial rental option for many individuals. Additionally, the potential for owner financing can make the investment more accessible to interested buyers. Overall, this property presents a promising investment opportunity with potential for growth and a good return on investment. It may be worth considering for those looking to expand their real estate portfolio or generate passive income.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$151
Listed
180+ days ago

Home Details for 2236 3rd St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: None
Appliances & Utilities
Appliances: Cooktop, Oven, Range, Refrigerator, Water HeaterRefrigerator
Heating & Cooling
Heating: Baseboard,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Simulated Wood, VinylCommon Walls: 2+ Common Walls, No One Above, No One Below
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Laminate, Simulated Wood, Vinyl
View
Has a ViewView: Neighborhood, Territorial
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Concrete Perimeter
Parking & Garage
No CarportNo Attached GarageHas Open ParkingParking: Driveway,Gravel,On Street,Shared Driveway
Frontage
Road Frontage: Shared AccessRoad Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 170Days on Market: 180+

Property Information

Year Built
Year Built: 1939
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Traditional
Building
Construction Materials: Brick, FrameNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 124074

Price & Status

Price
List Price: $1,500,000Price Per Sqft: $151

Location

Direction & Address
City: MalinCommunity: Klamath Forest Estates
School Information
Elementary School: Malin ElemJr High / Middle School: Check with DistrictHigh School: Lost River High

Agent Information

Listing Agent
Listing ID: 220209606

Building

Building Area
Building Area: 9912 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.72 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash

Miscellaneous

Mls Number: 220209606
Last check for updates: 37 minutes ago
Listing courtesy of Action Realty, (541) 884-3367
Source: Oregon Datashare, MLS#220209606
Also Listed on Oregon Datashare.

Price History for 2236 3rd St

DatePriceEventSource
09/22/2025$1,500,000Listed For SaleOregon Datashare #220209606
07/02/2025$1,200,000ListingRemovedOregon Datashare #220181757
01/16/2025$1,200,000Listed For SaleOregon Datashare #220181757
11/10/2024$825,000ListingRemovedOregon Datashare #220181757
05/02/2024$825,000Listed For SaleOregon Datashare #220181757
05/01/2024$825,000ListingRemovedOregon Datashare #220154894
10/31/2023$825,000PriceChange
Oregon Datashare #220154894
01/31/2023$875,000PendingToActiveOregon Datashare #220154894
01/12/2023$875,000ContingentOregon Datashare #220154894
11/30/2022$875,000PriceChange
Oregon Datashare #220154894
10/10/2022$975,000Listed For SaleOregon Datashare #220154894
08/01/2022ListingRemovedOregon Datashare #220127031
07/12/2021$975,000Listed For SaleOregon Datashare #220127031
07/01/2021ListingRemovedOregon Datashare #103007598
04/29/2020$975,000Listed For SaleAgent Provided
12/10/2019$575ListingRemovedN/A
11/09/2019$575Listed For RentN/A

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What Locals Say about Malin

At least 3 Trulia users voted on each feature.
  • 100 % Say there's holiday spirit

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 100 % Say kids play outside

  • 100 % Say there are sidewalks

  • 89 % Say neighbors are friendly

  • 80 % Say there are community events

  • 75 % Say it's dog friendly

  • 75 % Say yards are well-kept

  • 75 % Say it's walkable to grocery stores

  • 75 % Say car is needed

  • 67 % Say it's walkable to restaurants

  • 67 % Say there's wildlife

  • 60 % Say it's quiet

  • 50 % Say they plan to stay for at least 5 years

Learn more about our methodology.
  • Abby M
    "Fourth of July car show, fireworks on Fourth of July, fireman’s bingo, community project club, and the Malin pool "
  • Abbyv2
    "I’ve lived here all my life and have always had friendly encounters with all others who live here. I can truly say this is a small town with friendly and family values"
  • Acaciavillegas98
    "I have not been to many community events as I have not lived here long and I work constantly. I do not have much time but I do see the events take place and they loo kit be very well organized as well as fun for the kids and adults "
  • Kellberto
    "July 4th Fireworks are amazing. Lovely city park. Quiet little town. Very boring, just how I like it"
  • Genny B.
    "Lost River Jr/Sr School is located halfway between the cities of Malin and Merrill. All students are bused, but the commute is less than 45 minutes."

LGBTQ Local Legal Protections

Action Realty, (541) 884-3367
© 2026 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 Zillow Inc. 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. This content has last been updated on 2026-05-08 17:35:44 PDT
2236 3rd St, Malin, OR 97632 is a studio, 9,912 sqft multi-family built in 1939. This property is currently available for sale and was listed by Oregon Datashare on Sep 22, 2025. The MLS # for this home is MLS# 220209606.