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Ryan Realty works Central Oregon. Our brokers live in Bend and cover the towns around it, from Redmond and Sisters to Sunriver and La Pine. Klamath Falls is outside that area. Our MLS feed is statewide, so this home and its price are live and current — what we cannot tell you is which street in Klamath Falls is the one to buy on.
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422 S 5th in Klamath Falls is listed at $2,600,000. It has 8,264 square feet, sits on 0.66 acres, was built in 2019, and is in N/A. Status is Active, with 96 days on market.
Overview
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Listing
Exceptional investment opportunity in this quality commercial office building offering approximately 8,300 SF & a stable tenant already in place. The existing lease includes an escalation clause, has 4 years remaining & provides an option to renew. Designed for functionality & professional appeal, the building features 2 entrances leading to 16 windowed offices, 3 variable-sized conference rooms, a kitchen with sink and dining area, & 4 restrooms- 1 with a shower. Additional improvements include heated front sidewalk, a dedicated parking lot with 26+ spaces & upgraded LED lighting, high-density mobile filing storage system, high-end updated fixtures, fire-resistant storage room, central air heating & AC. This property is positioned within Downtown Klamath Falls for strong public visibility on this well-appointed office property that offers a compelling combination of income, quality, and long-term potential.
A rough estimate, not a quote. Loan amount $2,080,000 · $520,000 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
sold in the last 90 days
0.66 acres on the county assessor's map, tax lot 477111. Klamath County GIS.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share in Klamath Falls. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map. 16 of the 793 sit beyond the frame's edges: counted in every figure, not drawn.
| Date | Event | Price |
|---|---|---|
| Jul 10, 2026 | Listed | $2,600,000 |
| Year | Tax |
|---|---|
| 2025 | $11,140 |
Tax as filed on the listing. Klamath County. Parcel 477111.
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Listing courtesy of Coldwell Banker Holman Premier
Data last updated October 15, 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.