Listed by: Israel Hunter · RE/MAX Platinum

$995,000Price cut $300,000
  • — beds
  • 0 baths
  • — sqft

1081 Joe Wright Road, Klamath Falls, OR 97603

Est. $5,880/moPayment calculator
  • Single familyHome type
  • Built in 1943Year built
  • 2.77 acresLot
  • NoneHOA

About this home

  • Listed Dec 17, 2025
  • 289 days on market
  • 59 photos

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.

Facts & features

Interior

Bathrooms
0
Levels
One

Heating & cooling

  • Ductless
  • Electric
  • Natural Gas
  • Ductless

Flooring

  • Carpet
  • Concrete
  • Vinyl

Property

Lot size
2.77 acres
Subdivision
Russell Acres

View

  • Territorial

Parking

  • Asphalt
  • Driveway
  • Gated
  • Gravel
  • RV Access/Parking

Construction

Home type
Single family
Property type
Commercial Sale
Year built
1943

Materials

  • Composition roof
  • Metal roof

Utilities

Sewer & water

  • Septic Tank
  • Well water

Community & HOA

Subdivision
Russell Acres
HOA dues
None
County
Klamath

Financial & listing details

List price
$995,000
Original list price
$1,295,000
Annual property tax
$7,702
Date on market
Dec 17, 2025
Days on market
289
MLS#
220213003

Price & status history

DateEventPrice
Dec 17, 2025Listed for sale$1,295,000

Neighborhood

  • SubdivisionRussell Acres
  • CityKlamath Falls, OR 97603
  • CountyKlamath

Payment calculator

Estimated monthly payment

$5,880/mo

  • Principal & interest$5,031
  • Property taxes$642
  • Homeowners insurance$207
  • HOA dues$0

Loan amount $796,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

Similar homes

MLSCO

Listing provided by RE/MAX Platinum · Listing agent: Israel Hunter

Source
MLS of Central Oregon
MLS#
220213003
Last updated
Sep 10, 2026 at 4:32 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.