Courtesy: Connected Real Estate Group
541-512-4430
Well-maintained duplex in desirable NW Corvallis providing an excellent opportunity for investors or owner-occupants. #1466 is 2BR/1BA, has newer flooring and paint and tenant-occupied. #1468 is 3/1BA, new flooring, paint, fixtures, and hardware and vacant with access to backyard. Both units have updated baths and kitchens w/granite counters, SSAs. Ductless heat provides cooling and heating. Solar panel system is paid for. Situated on a quiet cul-de-sac, each unit includes a one-car carport w/storage
Prime investment opportunity near Oregon State University! This well-maintained 1973 duplex offers two 2-bed, 1-bath units (each 828 sq ft) with reliable tenants and strong income. Unit 1 rents for $1445 (lease to 7/16/26): Unit 2 rents month-to-month for $1,395. Market rent potential for each unit - $1,700/month. Both units feature updated carpet and vinyl, matching white appliances (refrigerator, range, dishwasher), and bright, functional kitchens and baths. Tenants love the campus-close neighborhood! Exceptional investment opportunity just blocks from Oregon State University! This professionally maintained duplex offers strong, reliable income with excellent upside potential in one of Corvallisâ??s most desirable rental areas. Built in 1973 and consistently updated, both 2-bedroom, 1-bath units (each approximately 828 sq. ft.) are occupied and well cared for.Unit 615 is leased through July 2026 at $1,445/month. Unit 617 is rented month-to-month to a long-term tenant at $1,395/month. With comparable updated properties in the area leasing around $1,700 per month, thereâ??s clear opportunity for rent growth and enhanced cash flow.Each unit features comfortable living spaces, updated carpet and vinyl flooring, and kitchens equipped with matching white refrigerator, range, and dishwasher. Bathrooms include a single vanity, vinyl flooring, and a shower/tub combination. Tenants appreciate the quiet, tree-lined street and easy access to campus, downtown, shopping, dining, and public transit.Whether youâ??re expanding your investment portfolio or looking for a safe, convenient home for your Oregon State studentâ??while offsetting costs with rental incomeâ??this property delivers consistent performance, low maintenance, and lasting appeal.A rare chance to own a proven income-producing property in the heart of Corvallis rental demand.
Duplex with 2 bedrooms and 1.5 baths with approximately 960 sf. each side. Lot size is 0.15 acres. Zoning is RS9 (medium density residential). Carports, nice landscaping, large backyard, excellent Northwest location close to schools and shopping.
There are 4 beautiful 5 bedroom and 5 bath apartments and 1 single level commercial building. The townhome apartments, built in 2013, have separate water meters and garages. The commercial building was built in 1978. Excellent location, close to Avery Park and within walking distance to OSU campus.
Accepted Offer with Contingencies. Two-story townhome fourplex in excellent Northwest location close to schools and shopping. There are 3 two-bedroom apartments, 1 three-bedroom apartment and 2 garages. Zoning is RS12. Flood zone X. Lot size is 0.27 acres. The apartments are fully rented.
Dual living or investment opportunity on a spacious 0.65-acre lot! This unique property includes a 3 bed, 1 bath, 1240 sqft single-family home plus a duplex featuring a 2 bed, 1 bath unit, and a 1 bed, 1 bath unit. This offers versatile options for multigenerational living, rental income, or expanding your portfolio. Enjoy mature trees, ample outdoor space for gardening, BBQ'ing, outdoor hobbies. Prime location ideal for commuters, making this a rare & valuable find. Don't miss the chance to make this yours
Accepted Offer with Contingencies. Turn-Key Opportunity - Located just 5 blocks from OSU, .6 miles from Downtown Corvallis, and 1.1 miles to Reser Stadium, this 12-unit apartment building offers a prime college-town investment with reliable cash flow and long-term upside. Built in 1964 and updated between 2020â??2023, the property features 12 2BR/1Ba units, 9 currently leased and 3 updated units ready to capture current market rents. Solid low-maintenance investment in one of the Oregon Willamette Valley's most desirable rental markets. Opportunity right here! This 12-unit multifamily property offers a rare opportunity to acquire a stable, income-producing asset a stone's throw from the heart of OSU's Corvallis campus at $200K per 2BR/1Ba 600sf unit. Amenities include coin-operated laundry, 12 off-street parking spaces (1:1 ratio) plus ample street parking, and individual electric water heaters. The property is well-maintained, with functional, market-typical finishes. Units have been updated as they turned, appealing to new tenants and retaining longer term tenants.The site is zoned RS-9 Medium Density Residential and lies within the University Neighborhoods Overlay (UNO), offering both secure multifamily use and potential incremental density or redevelopment opportunities. RS-9 supports duplexes, triplexes, fourplexes, townhomes, and single detached units, while UNO ensures compatibility with the neighborhood context.The Corvallis MSA has approximately 9,404 apartment units, with a current vacancy rate of 4.2%, below the five-year average, and rents ranging $1,216â??$1,889, highest near OSU. This reflects strong, sustained demand driven by students and faculty.This property presents predictable cash flow, long-term stability, and strategic upside potential â?? ideal for investors seeking a turnkey multifamily asset in a supply-constrained, high-demand university rental market.
Dual living or investment opportunity on a spacious 0.47-acre lot! This unique property includes a 4 bed, 2 bath, 1508 sqft single-family home plus a 1 bed, 1 bath duplex unit (614 sqft each side), offering versatile options for multigenerational living, rental income, or expanding your portfolio. Enjoy mature trees, ample outdoor space for gardening, BBQ'ing, outdoor hobbies. Prime location ideal for commuters, making this a rare and valuable find. Don't miss the chance to make this your own by 2026!
Accepted Offer with Contingencies. Investor Alert! Check out the other MLS listings in this property portfolio: explore MLS #834542, #833004, and #833005. This charming 1905-built property offers incredible potential and versatility. With 7 bedroomsâ??originally including a living room as a bedroomâ??and 2 bathrooms, this home is zoned RS-12 for high density, making it perfect for various uses. The upstairs features a separate kitchenette, and each bedroom includes its own private sink and vanity. Refer to MLS #833007. Recent upgrades include a new roof in 2023, newer plumbing and electrical systems, and a new furnace in 2017. The property also boasts a new foundation and fresh interior and exterior paint. With off-street parking for up to 5-6 cars and two separate electrical boxes, thereâ??s potential for a duplex conversion (buyer to conduct due diligence with the City). Additionally, the unfinished basement space offers an opportunity to be finished for additional rental income. Currently under-rented at $3900/month through June 2026, it has maintained zero vacancies for the last 24 years. Just one block from Monroe Street, close to campus and restaurants. This property is truly a turnkey investment and a must-see to appreciate its full potential!
This exceptional investment property, located 1.5 blocks from OSU, offers a unique, larger 7-bedroom layout. Tons of off-street parking! Upgrades include a new gas furnace, a newer roof, and exterior paint, ensuring long-term durability. Inside, an upstairs kitchenette and a full kitchen downstairs provide convenience for tenants. With a history of zero vacancies, this well-maintained property represents a turnkey investment opportunity! Refer to MLS #833011. Potential duplex conversion - buyer due diligence with the city.
Great location 3 blocks from campus. Very large lot with room to build. Seller was told by city that it has to be a continuous building with as many units that could fit. Buyer to do due diligence. Newer metal roofs, asphalt, windows patio covers & many more items. Already income producing and room for more income!
Brand new multifamily CAMPUS CLOSE! FULLY LEASED 10 bedroom 2024 construction in the backyard of Reser Stadium. Don't miss this turn key opportunity to owner occupy or max out on campus close leasing. Rents are at $780/door. Listing agent related to seller.
Accepted Offer with Contingencies. New Year New Price! Excellent rental property; duplex with solid rental history in a convenient area--close to shopping, schools, parks. Each unit 3 bed / 2 bath; laundry hookups in each unit. Durable, attractive and easy-care tile floors. Both sides vacant and available to view.
Five rentals including a house: There are 2 two bedroom apartments, 1 three bedroom apartment, 1 one bedroom apartment and a two bedroom house. Zoning is RS6. The lot size is 0.30 acres (13,003 sf.). The property buildings have a total of 3,393 sf. Call for property information package including income and expense and a rent roll.
Rare opportunity to own (or lease) a mixed-use building in downtown Corvallis. Right across from the post office and a block from a new $81 million dollar mixed development project, the Radcliffe is a great buy for an investor wanting to acquire a core asset in Oregonâ??s most rent burdened market and home to OSU, one of the top ten national campus markets for investors. The downstairs property manager tenant is vacating soon, which allows for a high visibility owner-user location forretail or office uses. 10 multi family units upstairs - MIXED USE.
Excellent investment opportunity located between Oregon State University and downtown Corvallis. Property is located in the Avery-Helm Historic District. The four bedroom house and the attached 1 bedroom apartment rent for a total of $4,025 per month and are leased until June 2026. The main home has beautiful wood floors, a gas fireplace and lots of natural light. The apartment has vaulted ceilings and a loft style bedroom. There is an exterior deck for the tenant to enjoy. Separate water meters.
Corvallis is located in Oregon. Corvallis, Oregon has a population of 59,407. Corvallis is less family-centric than the surrounding county with 27.43% of the households containing married families with children. The county average for households married with children is 27.67%.
The median household income in Corvallis, Oregon is $58,315. The median household income for the surrounding county is $68,732 compared to the national median of $69,021. The median age of people living in Corvallis is 27.3 years.
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 34.1 degrees. The average rainfall is approximately 51.4 inches per year, with 5.4 inches of snow per year.
