1250 SW E Ave, Corvallis, OR 97333
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
1250 SW E Ave,Corvallis, OR 97333
$1,575,000
- - Beds
- - Baths
- 8,652 sq. ft.
- Multi-family
- Active
Listed by:jill schuster
Office:triple oaks realty llc.
MLS#:185540291
Source:PORTLAND
Price summary
- Price:$1,575,000
- Price per sq. ft.:$182.04
About this home
1250 SW E Av. Corvallis, OR 97330 is located approximately 1 mile from the center of Oregon State University; .08 miles from Reser Stadium; 5 miles to Goss Stadium. Built in 1980, the property is comprised of the following residential units:One - 3 Bedroom/1 Bathroom UnitFive - 2 Bedroom/1 Bathroom UnitsTwo - 1 Bedroom/1 Bathroom Units1250 SW E St, Corvallis, OR 97330 is being offered as a turn-key investment opportunity. All units are currently under lease with potential increase in cash flow by capitalizing on annual rental increases.The property has an on-site laundry facility on the basement level that is under-utilized with two coin operated washer/dryer units.The property features on-site parking for convenience and landscaped lawn areas. Units also feature balcony space for outdoor use at each level.Tenants pay electric, as each unit is separately metered. Common-area meters include laundry space and outdoor lighting. Water is provided on a single meter to the property and could be prorated back to tenants on new lease structures.Recent Appraisal on file with Listing Broker at List Price.==========================================================Rare find! Just blocks from OSU, this fully occupied 8-unit apartment building is a solid investment opportunity in a highly desirable rental area. With a proven rental history and consistent demand from students and professionals, this property offers reliable income in a stable college-town market. Units are all-electric, featuring individual 50-gallon water heaters. Many units have seen recent updates, including refreshed fixtures and flooring. Shared laundry facility adds value.
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Home facts
- Year built:1980
- Listing ID #:185540291
- Added:2 day(s) ago
- Updated:November 03, 2025 at 01:22 AM
Rooms and interior
- Living area:8,652 sq. ft.
Heating and cooling
- Heating:Ceiling, Floor Furnance
Structure and exterior
- Year built:1980
- Building area:8,652 sq. ft.
- Lot area:0.24 Acres
Schools
- High school:Corvallis
- Middle school:Linus Pauling
- Elementary school:Lincoln
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,575,000
- Price per sq. ft.:$182.04
- Tax amount:$12,179 (2025)
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