344 Nw 12th St, Corvallis, OR 97330

Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Agent: 503-361-7151 Selling Office: THE SANDERS COMPANY.

$790,000
10
BD
5
BA

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Sold Price
$790,000
List Price
$799,000
Closing Date
Aug 14, 2025
MLS#
829122
Status
CLOSED
Type
Multifamily
Subtype
Quadruplex
City
Corvallis
Area
70 Benton County
County
Benton
Bedrooms
10
Bathrooms
5
Year Built
1922

Property Description

HUGE Rent Increases - Monthly rent was: $5,450. BRAND NEW monthly rent: $6,556 (+20%). Owner states "this close to OSU campus property has been a cash cow for 3 decades - w/low turnover; Only 2 vacancies since 1995; tenants typically stay 2 to 3 years. Low maintenance w/$30,000 remodeling/capital improvements in last few years. $13,000 proactive electrical/plumbing tune-up to prevent future repair costs; New $20,000 roof in 2022". Easy, turnkey professionally managed stable student housing investment.

Additional Information

Water
Public
Heating
Electric, Baseboard, Zoned
Flooring
Carpet, Laminate, Tile, Vinyl
Sewer
Public Sewer
Basement
Finished, Full
Roof
Composition
Elementary School
Garfield
Middle School
Linus Pauling
High School
Corvallis

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Calculator source: Real Geeks

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.