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Listing provided courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.: 503-364-9596.

344 NW 12th

Corvallis, OR 97330
  • $799,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 829122
$799,000
  • 10
    BEDS
  • 0.12
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.: 503-364-9596. Listing information © 2025 Willamette Valley Multiple Listing Service



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.

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Willamette Valley MLS logo © 2025 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. Data last updated: 2025-06-22T00:08:55.903.
www.suelongrealty.com/homes/163969836
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344 NW 12th Corvallis, OR 97330

  • Price: $799,000
  • Status: Active
  • On Site: 33 Days
  • MLS #: 829122
10
Beds
5
Baths
0
½ Baths
0.12
Acres
1922
Built
Neighborhood:
Wilkins Supp Plat
County:
Benton
Area:
70 BENTON COUNTY
Elementary School:
Garfield
Middle School:
Linus Pauling
High School:
Corvallis
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.
Exterior Features

Fenced Yard Partial Foundation ContinuousSlab Landscape Yes Lot Type Dimension Above Roof Composition

Interior Features

Basement FinishedFull Bonus Rooms Other(Refer to Remarks) Dining Area (Combination) Dishwasher Yes Flooring CarpetLaminateTileVinyl Heating ElectricBaseboardZonal Laundry W/D Included Range Facility Electric Refrigerator Refrigerator Included Unit1 Baths 2 Unit1 Bedrooms 3 Unit2 Baths 1 Unit2 Bedrooms 2 Unit3 Baths 1 Unit3 Bedrooms 2 Unit4 Baths 1 Unit4 Bedrooms 3 Water Heater Electric

Property Features

Assessments Or Liens No Cross Street Harrison Flood Plain Unknown Garbage 374 Gas 547 High Speed Comm Access Present Homeowners Association No Association Inspection Report Available No Maintenance 1438 Multifamily Type 4-Plex New Construction No Property Use Type Investment Seller To Do1031 Yes Sewer City Tax Amount 5247 Tax Years 24-25 Terms Seller Will Consider CashConventional Water CityConnected Water Sewer 2036

© 2025 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2025 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. Data last updated: 2025-06-22T00:08:55.903.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.: 503-364-9596. Listing information © 2025 Willamette Valley Multiple Listing Service