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Listing provided courtesy of Fairfield Realty- MLS# 220198381MLS Provider

425 W 1st StreetMerrill, OR 97633

Multi-Family · 3,349 Sq. ft. | 0.31 Acres
$284,000 Active

425 W 1st Street Overview

Time on Site:
458 days
Visits:
7

Back on the market and ready for a new owner! Here's a solid investment opportunity in the charming town of Merrill, Oregon. This rare duplex offers two separate units, each with its own address and layout. 425 W 1st St (3 Bed / 1 Bath): This larger unit features three bedrooms, a recently remodeled bathroom, and a comfortable living space with two fireplaces. You'll also find a spacious mudroom, dedicated laundry room, cozy living area, and a fenced backyard ideal for outdoor use or gardening. 131 N Polk St (2 Bed / 1 Bath): This unit offers two bedrooms, one bathroom, and convenient garage access. The interior has an unexpectedly spacious feel with two separate living areas, allowing flexibility for tenants, guests, or home office space. Recent improvements include a new roof (2013), updated energy-efficient windows (2014), fresh exterior paint (2022), and new flooring in the two-bedroom unit. The property is currently fully occupied, making this a great investment opportunity.

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425 W 1st Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,349
  • Price/Sq.ft. $85
  • Lot 0.31 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Merrill Elem
  • Middle Or Junior School: Check with District
  • High School: Lost River High

Building Information

  • New Construction: false
  • Year Built: 1950

Location/Region

  • County Or Parish: Klamath
  • Subdivision Name: Merrill

Tax Information

  • Tax Annual Amount: 1714.32
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional,FHA,USDA Loan,VA Loan
  • Parcel Number: R121674
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3349.0

General Information

  • Appliances: Dishwasher,Disposal,Range,Refrigerator
  • Common Walls: No One Above,No One Below
  • Fireplace Features: Electric
  • Fireplace: true
  • Flooring: Carpet,Laminate,Vinyl
  • Foundation Details: Concrete Perimeter
  • Interior Features: Ceiling Fan(s)
  • Levels: One
  • Window Features: Vinyl Frames

Exterior

Parking Information

  • Parking Features: Asphalt,Driveway,On Street

Lot Information

  • Additional Parcels Description: 4110-002DD-06200 Multifamily home spans two parcels
  • Additional Parcels: true
  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Square Feet: 13503.6
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

425 W 1st Street Neighborhood

Community

97633 (Merrill) Demographics

45
Median Age
42
Population Density (per sq. mile)
31%
College Educated
$45,933
Estimated Median Income
370
Estimated Total Home Owners
175
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

425 W 1st Street Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

425 W 1st Street Market Data

Based on the last 30 days in this zip code

$382,833
Average List Price
$181
Average Price per Square Foot
1
Properties Sold
107
Average Days on Market
6
Properties for Sale
Calculations provided by Reliance Network

425 W 1st Street History

Date Event Value Agent
1/12/2026Source: Oregon Datashare Status Change
Active
10/6/2025Source: Oregon Datashare Status Change
Pending
3/29/2025Source: Oregon Datashare Added to Database
March 29, 2025