Investment opportunity in Klamath Falls OR! Income producing 40 + acres of Organic Farmland & 2 Rental homes near Henley Schools. Residential Rental information: 2 BR, 1 Bath house is 912 sf & currently rented for $1250 per/mo. It has a mini split heat/AC, detached 1 car garage and fully fenced. 3 BR, 2 Bath 1980 MFH is 1512 sf & vacant now, last rented for $1650 p/mo. It features a split floor plan, back porch, electric F/A heat, some updated flooring, walk in shower & closet and a carport. Additionally, seller is collecting space rent of $300 p/mo for a MFH not owned by the seller. Farmland Rental Information: 32 farmable acres, Certified Organic, KID irrigation, 4 Wheel lines, 2 pumps, each 15hp. Leased out for the 2026 growing season, crops not included. Zoned EFU-C. Separate meters. Large, green shed not part of sale, can be purchased outside of escrow. Photos of the 2 BR, 1 Bath were taken prior to move-in. Ask your agent for more details and an appt!
Build your new home at the Running Y Resort Community! .51 Acre lot close to the golf course. Association Amenities include Clubhouse, Fitness Center, Golf Course, Landscaping. Park, Pickleball Court, Playground, Pool, Resort Community, Restaurant, Sport Court, Tennis Courts, Trails
Welcome to this 3 bedroom 2 bathroom home that's comfortable, versatile and checks all the boxes. The layout has a smooth flow, with a bright main living area, a kitchen with storage galore, and the potential for 2 primary suites located on separate sides of the home. The living room will be your favorite place with vaulted ceilings, tons of space, and a pellet stove to set the mood and keep you toasty warm. The large laundry room encloses an updated tankless water heater, and newer furnace and the main living spaces have brand new laminate flooring and paint. This place has all the extras including a hidden room with a safe, large carport, expansive shop, tons of parking, gated driveway, and more. This home has been meticulously cared for and is on the market for the first time since 1985, so don't miss this rare opportunity to be the next loving owner!
This home offers great potential with a little TLC! Featuring three bedrooms, a spacious dining room, and a welcoming living room with a fireplace. All of this sits on more than half an acre of level land in a desirable suburban location. A wonderful opportunity to create your ideal home! There is a second shower in the laundry room. Seller is offering $10,000 for roof repairs.
INVESTOR ALERT! Discover the perfect investment opportunity or dual-living setup in this single-level duplex close to schools, shopping, parks and more! Each side has two bedrooms and one bath, and include all kitchen appliances. Fenced yard, off-street parking, in-unit laundry. Whether you're looking to expand your rental portfolio or enjoy the benefits of living in one unit while renting out the other, this duplex offers flexibility and potential. Don't miss out on this incredible opportunity!
This 2-acre parcel is ready for your build. With approved well and septic, much of the groundwork is already done, making it easier to jump straight into planning your dream home. The land offers a great blend of open space and convenience, sitting just at the edge of town. Whether you're envisioning a cozy retreat or a custom build with room to spread out, this property gives you a solid head start and plenty of potential. Buyers are responsible for performing their own due diligence regarding zoning, utilities, and permitted uses for the land.
Discover 3.6 acres of opportunity just on the edge of town. This flat, usable parcel comes with water rights, giving you a strong foundation for future building plans. The location offers that perfect balance of country feel and close-to-everything convenience. With plenty of space to design your layout, this property is an ideal spot to bring your dream home—or your whole vision—to life. Whether you're looking to build now or invest for later, the potential here is wide open. Buyers are responsible for performing their own due diligence regarding zoning, utilities, and permitted uses for the land.
Situated in a well-established neighborhood with convenient access to shopping, dining, and public transportation, this ranch-style property offers exceptional potential. The home features 3 bedrooms, 1 bathroom, and an attached 1-car garage, providing a foundation for renovation or redevelopment. This property is being offered AS-IS, presenting a valuable opportunity for those seeking a project with strong upside potential in a desirable location. Act promptly—opportunities like this are limited.
Fantastic investment opportunity! This duplex offers the perfect setup to live in one side and rent out the other, or continue as a solid income property. Both units are rented month-to-month for maximum flexibility. Recent upgrades include new insulation in 2025 and a newer vapor barrier for improved efficiency. Each unit has washer/dryer hookups. Unit 1204 features modern fixtures, dishwasher, microwave, gas range, and instant hot water heater included in the sale. Unit 1208 includes a refrigerator, gas range, and hot water heater. This is a property you won't want to miss!
Offered for sale for the first time in nearly 50 years, Brookside has been family-owned and carefully stewarded since 1976. The ranch features historic 1870 surface water rights, strong groundwater, 800± irrigated acres, timber, an excellent road system, working corrals, a beautiful old barn, and wildlife-rich habitat. It provides quality grazing and significant water development potential, offering a rare and resource-rich legacy property. Brookside benefits from both groundwater and surface water, including the oldest water right in the county—the Cabin Creek surface water right dating back to 1870—along with groundwater rights originating around 1964. The ranch holds two groundwater permits allowing for three wells; only one well has been developed. Approximately 800± acres are irrigated, with potential for pivots supported by three-phase power already in place. A well-designed road system offers excellent access throughout the property. The ranch includes working corrals and a beautiful historic barn.
Well located flex building with great curb appeal. Fully leased with excellent history and mostly long-term tenants. Building is designed with front office/showroom areas and rear high ceiling warehouses/shop areas with roll up doors. Generous paved parking in the front of the building. Shared fenced gated yard behind the building. Building is just off of one of Klamath Falls busiest streets which leads to Crater Lake Klamath Regional Airport just 3 miles away. Walmart is 1/4 mile away. Gross rents of $94,471 for a 6.5% cap rate. Financial details available upon request. Interior photos are pre-move-in.
Discover one of Klamath Falls' most distinctive historic homes. Built in 1926 and set on nearly an acre, this remarkable 8,500+ sq ft estate blends timeless architecture with impressive scale and versatility. Multiple gathering rooms, generous bedrooms, period details, and abundant natural light create a comfortable yet elegant living experience suited for both everyday life and large-scale entertaining. Unique amenities include a brick-and-glass greenhouse, outdoor saltwater pool, spa, sauna, four-car garage, and additional covered parking. Separate living areas offer outstanding flexibility for multi-generational living, guest quarters, or private office use. The expansive lot provides space to garden, expand, or simply enjoy rare in-town privacy. Close to downtown, parks, and local services, this landmark residence offers convenience, history, and exceptional potential—an iconic Klamath Falls property ready for its next chapter.
4609 and 4615 S 6th St commercial building with very high traffic count of 19,970 vehicles per day. Corner lot. 7320 SF divided into two units. Off street parking lot. Both units are currently leased. Building features 3 exterior overhead doors. Owner pays water, sewer and shell maintenance. One unit has 800 sf mezzanine for storage. New exterior paint. Extra area behind the building has chain link fencing and is included in the leases. Contact listing agent for financial information. Please do not disturb tenants. Interior pictures are from prior to tenant move in.
Enjoy stunning panoramic views stretching across Klamath Lake to Mt. Shasta from this beautifully crafted custom home on 5 peaceful acres. Designed for comfort & efficiency, it features solar panels, radiant floor heating, 6 mini-splits, & two propane fireplaces. Enjoy a vaulted living room, granite kitchen counters, hardwood flooring, sunroom, covered deck & stamped concrete patio positioned for spectacular sunsets. The loft office includes built-ins for two & the spacious lower level offers a family room with a Borror custom wall unit bookcase, exterior access, bedroom, bathroom, laundry area, media room, & space for wine storage. With custom artisan features, a concrete tile roof, abundant storage, EV-ready 2-car garage, & gorgeous low-maintenance landscaping, this home offers privacy & tranquility just minutes from downtown, Sky Lakes Medical Center, & Oregon Tech. A stunning property along the Pacific Flyway for viewing eagles & migratory birds. A must-see home to be appreciated.
Two lots! Home-lot 800 and Garage-lot 700. Garage is 672 sq ft., Home is 1344 sq ft and a 540 sq ft enclosed front Porch. The home has a Large Living Room/Dining Room, Den off of the Kitchen, Walk in Closet in the Primary Bedroom, Newer Walk-in Tile Shower, New Laminate Floor, Double Sinks, Laundry Room, Kitchen has newer Dishwasher, Oven, and Refrigerator. A/C and Electric FA Furnace, Metal Roof on the home. Garage has a new roof, Cement floor and work shelves. New Storm door on the enclosed Porch. Seller is an Oregon Licensed Broker and owner of this property.
Discover the perfect blend of style, comfort & functionality in this impressive 3-bedroom, 2.5-bathroom home in Nob Hill neighborhood. Located near OIT, Sky Lakes, downtown and convenient to access Geo trail and hiking! Thoughtfully designed with an open floor plan, the main level welcomes you with tall ceilings, abundant natural light & a cozy gas fireplace. Beautifully appointed kitchen stands out with rich wood countertops, high-quality appliances & generous counter space ideal for cooking, gathering + entertaining. Seamless flow to adjoining living space creates an inviting environment for everyday living + hosting. Outdoor living shines here as well-charming front yard & private backyard offer areas to relax + entertain, including a serene deck & patio with room to enjoy lush surroundings. 2 car garage, ample storage, on-demand water heater, stunning laundry room, potential for multigenerational living. Thoughtful touches, well-planned layout & upgrades throughout!
Discover a beautiful new construction home taking shape in Ridgewater's gated community of custom residences. With framing now complete, this 4 bed, 2.5 bath design showcases intentional craftsmanship and elevated finishes throughout. Set on a well-positioned lot that backs to an open forest that has no plans of being developed, the home captures beautiful sunrise views that fill the main living spaces with natural light. The open layout features spacious gathering areas, a primary suite oriented to the morning sun, and wonderful front facing deck to take in the views. A generous 3-car garage leads to an impressive 846 sq. ft. lower-level flex room ideal for a den, game room, gym, or storage. Built for luxury, livability, and long-term quality, this home offers a rare opportunity to own new construction in one of Klamath Falls' hidden gems. An agent is required for showings due to the gated community and new construction liabilities.
Welcome to this inviting 3-bedroom, 2-bathroom single-level home located in one of Klamath Falls' most desirable neighborhoods. Just minutes from the air base and close to shopping and everyday conveniences, this home offers a practical layout with an open living area, a functional kitchen, and a comfortable primary suite. The single-story design adds ease of living, and the backyard provides space to relax or create the outdoor area you envision. Klamath Falls continues to grow with strong job stability, year-round recreation, and an average of 300 days of sunshine—making it an appealing place to call home.
2 bed 1 bath home, featuring 2 detached garages, one single door and one oversized tall double door shop! Home has a fairly open floor plan with 2 separate living or family rooms. The shop is oversized and presents a number of opportunities. While the home could use some updating, it has great potential to someone who is willing to make some updates on their own, and has a lot to offer! Schedule your showing today.
Nice 4-bedroom (2 primary) 3-bath home off Pacific Terrace with 2,833 sq ft of living space. Enjoy beautiful Klamath Basin views from a large patio and multiple rooms. Spacious rooms and a floor plan ideal for families and entertaining. Close to schools, shopping, and hospital for an easy daily life. Good-sized attached garage. Schedule a tour today and experience the views and space for yourself.
Fantastic views! Discover the perfect place to build your dream home on this lot offering stunning views of both Link River and Klamath Lake. Situated on a paved loop road within an undeveloped subdivision, this property combines peaceful surroundings with the convenience of city amenities. City water, sewer, and power are all available at the street—making your building plans easier than ever. Enjoy nearby access to Moore Park's scenic trails, boat launches, and the conveniences of Sky Lakes Medical Center and OIT just minutes away. A rare opportunity to create your own piece of paradise in Klamath Falls!
Industrial building on 2.13 acres across from Super Wal-Mart on busy Washburn Way corridor. Located in an area of expansion. Includes approx 3000 sq. ft. of office space, kitchen, walk-in refrigeration, large warehouse with loading dock and four roll-up doors and 2.5 bathrooms. 3-phase electric.
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.
Charming 2-bedroom, 1.5-bath home with a possible additional bedroom in the converted basement. Sitting on nearly half an acre in a highly desirable neighborhood, this property offers 880 sq ft of living space and plenty of potential. Recent improvements include a new roof in 2025 and a new water heater in 2023. Being sold as is. It will require upgrades, making it an excellent opportunity for buyers looking for a project or customization. The spacious yard offers privacy and room for outdoor enjoyment.''
Nice 3 bedroom 1.5 bath home located on a irrigated .34 of an acre lot . with a fenced back yard. The home is currently in the process of remodeling with new interior and exterior paint, updated kitchen,, remodeled bathrooms, Laundry area, and new flooring with the original living room wood floor sanded and buffed. The electrical service panel will be updated. This home has a detached one car garage with an attached room for your hobbies,game room, or workshop and extra parking. Call soon to view this home and all the possibilities this lot may offer.
![]() |
| The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Xome Inc. are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO). |

The median home value in Klamath Falls, OR is $310,000. This is higher than the county median home value of $272,800. The national median home value is $338,100. The average price of homes sold in Klamath Falls, OR is $310,000. Approximately 41.78% of Klamath Falls homes are owned, compared to 50.51% rented, while 7.71% are vacant. Klamath Falls real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Klamath Falls real estate agent to arrange a tour today!
Klamath Falls, Oregon has a population of 21,710. Klamath Falls is more family-centric than the surrounding county with 28.68% of the households containing married families with children. The county average for households married with children is 26.21%.
The median household income in Klamath Falls, Oregon is $42,047. The median household income for the surrounding county is $50,790 compared to the national median of $69,021. The median age of people living in Klamath Falls is 35.8 years.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 20.5 degrees. The average rainfall is approximately 16.4 inches per year, with 38.2 inches of snow per year.