Listing courtesy of Windermere Real Estate Kf, agent Allison York
Data last updated June 2, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Prime investment opportunity in the heart of downtown Klamath Falls! This fully occupied multi-tenant commercial building offers an excellent mix of long-term tenants including OHSU student housing on the recently remodeled 2nd-floor apartments, plus retail and professional offices on the ground level. Current tenants include a chiropractor, property management company, attorney, insurance agent, and retail shops. The building is in excellent condition with numerous updates including shared elevator. Beautiful building with strong curb appeal. Included in the sale is the adjacent parking lot on a separate tax lot, providing convenience and added value. With a cap rate of 6.5% and a stable tenant base, this property is a solid addition to any investment portfolio. Please do not disturb tenants.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $2,480,000 · $620,000 down · 30 year term
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
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