344 NW 12th St, Corvallis, OR 97330

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by:brian smithAgent: 503-361-7151
Office:coldwell banker mountain west real estate, inc.
MLS#:829122
Source:OR_WVMLS
344 NW 12th St,Corvallis, OR 97330
$799,000
  • - Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$799,000

About this home

Accepted Offer with Contingencies. 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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Home facts

  • Year built:1922
  • Listing Id #:829122
  • Added:166 day(s) ago
  • Updated:July 19, 2025 at 07:37 AM

Rooms and interior

  • Total bathrooms:5

Structure and exterior

  • Roof:Composition
  • Year built:1922
  • Lot area:0.12 Acres

Schools

  • High school:Corvallis
  • Middle school:Linus Pauling
  • Elementary school:Garfield

Utilities

  • Water:City, Connected

Finances and disclosures

  • Price:$799,000
  • Tax amount:$5,247 (24-25)
MLS LogoBased 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.