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Listed by Real Broker • 458-209-0163
Bought with Non Rmls Broker
Bought with Non Rmls Broker
$ 550,000
$ 589,900 6.8%
Est. payment | /mo
2,104 SqFt
$ 550,000
$ 589,900 6.8%
Est. payment | /mo
2,104 SqFt
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,104 sqft
Price per Sqft $261
MLS Listing ID 490152678
Sold Date 09/15/26
HOA Y/N No
Year Built 1967
Annual Tax Amount $4,544
Tax Year 2025
Lot Size 5,662 Sqft
Property Description
Rare opportunity to purchase a fully vacant duplex in Corvallis. Whether you're looking to owner occupy or add a solid investment to your portfolio, having both units vacant gives you the flexibility to move in, choose your own tenants, and set rents at current market rates. The property is located in an established neighborhood just minutes from Oregon State University, shopping, restaurants, parks, and public transit. The main level offers a 3 bedroom, 1.5 bathroom floor plan with luxury vinyl plank flooring throughout, tile flooring in the kitchen, washer and dryer hookups, dedicated storage, and a large backyard that tenants rarely find in duplex living. Upstairs is a bright 2 bedroom, 1 bathroom unit with an efficient layout, wall to wall carpet, washer and dryer hookups, and its own storage area. This duplex has a proven rental history. The lower 3 bedroom unit most recently rented for $2,395 per month, while the upper 2 bedroom unit rented for $1,595 per month, for a combined potential income of $3,990 per month. 1031 Exchanges Welcome!
Location
State OR
County Benton
Area _220
Zoning RS-9
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Garfield
Middle Schools Linus Pauling
High Schools Corvallis
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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