$995,000
Was $1,100,000 Cut $105,000 (−9.5%)
Outside our home market
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.
A broker who works Klamath Falls every day will know it better than we do. Tell us what you need and we will introduce you to one we would use ourselves. No cost, no obligation.
1081 Joe Wright Road in Klamath Falls is listed at $995,000. It has 12,151 square feet, sits on 2.77 acres, was built in 1943, and is in Russell Acres. Status is Active, with 301 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
Exceptional Investment Opportunity! Own three large commercial shops with office space and a single-family home on 2.77 acres in a desirable commercial location with room to expand. Includes a 4400 sq. ft. shop with 4 bay doors, multiple offices, 2 bathrooms, and large conference room; A 4,800 sq. ft. (60x80 ft) industrial building/warehouse, insulated and heated with two roll-up doors and office; A 2,000 sq. ft. (40x50 ft) shop with 2 bay doors: and a 951 Sq. Ft 2 bedroom 1 bathroom home that has been fully updated throughout. Each building is designed for operational efficiency, flexibility, and infrastructure readiness. The property offers excellent truck access, partial fencing with gated entry, Irrigation rights and an undeveloped portion ideal for additional buildings, storage units or RV storage. A prime opportunity for an growing business investor seeking functionality, income potential, and long-term growth.
A rough estimate, not a quote. Loan amount $796,000 · $199,000 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
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 792 sit beyond the frame's edges: counted in every figure, not drawn.
| Date | Event | Price |
|---|---|---|
| Sep 10, 2026 | Price change | $995,000$105K down |
| Jul 2, 2026 | Price change | $1,100,000$95K down |
| Feb 19, 2026 | Price drop | $1,195,000$100K down |
| Dec 17, 2025 | Listed | $1,295,000 |
| Year | Tax |
|---|---|
| 2025 | $7,702 |
Tax as filed on the listing. Klamath County. Parcel 581588.
What to do about this house
Tour requests usually get a same-day reply.
Listing courtesy of RE/MAX Platinum
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.
3.06 acres on the county assessor's map, tax lot 581588. 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.