427 Main Street, Klamath Falls, OR 97601
Klamath Falls -First Addition · Klamath County
Key Facts
Description
Nice two-unit commercial building on Main Street close to the courthouse and annex. This is a very affordable investment. Both units are rented. Units have a shared restroom. Businesses are not included in the sale.
Property Information
Property Type
Commercial Sale
Structure Type
Mixed Use / Office / Retail
Living Area
2,922 sq ft
Lot Size
0.09 acres
Days on Market
1
MLS® Listing#
220217209
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$1,566
Tax year 2025
Parcel Number
475691
Directions
On the right-hand side Main Street between 5th and 4th.
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Klamath Falls, OR
- $373,684
- Median Listing Price
- 70
- Median Days on Market
- 1,836
- Median Sq Ft
- $215
- Median Price / Sq Ft
- 346
- Active Listings
- This home’s price is 33% below the area median.
- Its price per sq ft is 60% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Klamath Falls, OR.
Location
Points of Interest in Klamath Falls, OR
Showing the Klamath Falls area map.
Nearby Schools
Eagleridge High School
Secondary · 0.3 mi away
Klamath Union High School
Secondary · 0.5 mi away
Fairview Elementary School
Elementary · 0.7 mi away
Mills Elementary School
Elementary · 1.0 mi away
Conger School Park
School · 1.0 mi away
Klamath Family Head Start
School · 1.0 mi away
Joseph Conger Elementary School
Elementary · 1.0 mi away
Roosevelt Elementary School
Elementary · 1.1 mi away
Adventist Christian School
Secondary · 1.2 mi away
Klamath Falls City Schools
School · 1.3 mi away
Ponderosa Middle School
Secondary · 1.3 mi away
Klamath County School District
School · 2.1 mi away
Pelican Elementary School
Elementary · 2.1 mi away
College Union
School · 2.1 mi away
First Church of God
Elementary · 2.4 mi away
Triad School
Secondary · 2.6 mi away
Stearns Elementary School
Elementary · 3.0 mi away
Mazama High School
Secondary · 3.1 mi away
New Horizon Christian School
School · 3.3 mi away
Shasta Elementary School
Elementary · 3.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2546 Lakeshore Drive, Klamath Falls, OR | $175,000 | — | — | — |
| 840 Upham Street, Klamath Falls, OR | $175,000 | 3 | 2 | 1,172 |
| 1443 Oregon Avenue, Klamath Falls, OR | $175,000 | 2 | 1 | 1,868 |
| 434 Michigan Avenue, Klamath Falls, OR | $179,000 | 3 | 1 | 1,043 |
| 1008 Owens Street, Klamath Falls, OR | $179,900 | 2 | 1 | 712 |
| 534 Market Street, Klamath Falls, OR | $185,000 | — | — | 3,700 |
Moving Cost Estimate
EXIT Agents in Klamath Falls
Listing Courtesy: Rookstool Moden Realty Llc - 5418833781
Last Updated: 2026-03-15