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$2,950,000
44 Beds 22 Baths
22-unit value-add apartment complex in Corvallis with 3 buildings, townhouse-style floor plans, private patios, off-street parking and strong rent upside. Mix of original, partially updated& more modern rental-grade units. Pre-listing inspections, unit notes, floor plans, rent roll and financials available for review. Priced to reflect current condition, with some units remodeled, deferred maintenance & below-market rents & an opportunity for an experienced investor to improve, stabilize and grow income. Offering a rare opportunity for an experienced investor to acquire scale in a strong rental market. The property consists of three buildings with townhouse-style floor plans, private patios, off-street parking, and a mix of original, partially updated, and more modern rental-grade units. Several units have already received meaningful updates, including oak or hickory-style cabinetry, updated bathrooms, newer appliances, vinyl windows, newer doors, updated flooring, and improved heating in select units.Current rents are significantly below the projected remodeled market rent, creating a clear upside path through continued unit turns, exterior improvements, and rent stabilization. The property is being priced to reflect its current as-is condition, including deferred maintenance, below-market rents, vacancies, and inspection-noted repair items. This is not being presented as a turnkey stabilized asset today; it is a repositioning opportunity with strong long-term income potential.Seller has completed pre-listing inspections for all three buildings, and an inspection overview has been created as unit-by-unit condition summary, rent roll, financials, floor plans, and supporting documents are available for review. The inspection summary identifies building and unit-level items so buyers can evaluate the property with more clarity before writing an offer.For investors looking for a Corvallis multifamily asset with unit count, upside, and a practical improvement path, this property offers a compelling opportunity to improve condition, increase income, and reposition the asset over time. Asking price: $2,950,000.

924-928 Nw Sycamore Ave, Corvallis

Listing Courtesy of RE/MAX INTEGRITY CORVALLIS BRANCH. Cell: 541-918-5040

$1,250,000
4 Beds 4 Baths
This luxurious home offers magnificent views in a private in-town retreat setting. On a .64-acre cul-de-sac lot with a large level yard, garden, and multiple decks for entertaining, this home features custom updates, walls of windows, and an impressive gourmet kitchen. With two family rooms, bonus spaces, and a triple garage plus a 900 sq ft shop for a gym, studio, or workshop, there's room for everyone's passions. **NEW ROOF in 2024.** Elegance, versatility, and location - this home truly has it all! Welcome to 2991 NW Cassia Place—a stunning Corvallis retreat designed for comfort, connection, and lasting memories. Set in one of the city’s most desirable established neighborhoods, this spacious and beautifully updated home offers the perfect balance of privacy, convenience, and sophistication. With refreshed paint, new carpet in the main living areas and primary bedroom, and walls of windows framing sweeping views, it’s easy to feel at home here from the moment you arrive.Ideal for families with older children, the open floor plan provides generous gathering spaces, including magnificent granite counters in the gourmet kitchen where everyone naturally comes together. Two family rooms and multiple bonus spaces make it easy to host visiting friends or create dedicated areas for study, music, or entertainment.Outside, the .64-acre lot features a large, level yard for play or gardening, plus expansive decks and patios perfect for outdoor dinners or soaking in the hottub under Oregon skies. A triple garage and impressive 900 sq ft shop offer room for hobbies, fitness, or creative pursuits. The lower level provides flexible dual living potential with a private entry and kitchenette—ideal for guests or multigenerational living.Close to top-rated schools, medical centers, parks, and shopping, this exceptional home delivers the best of Corvallis living—space, beauty, and enduring quality.

2991 Nw Cassia Pl, Corvallis

Listing Courtesy of TRIPLE OAKS REALTY-CORVALLIS BRANCH. 541-619-5427

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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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