426 NW 11th St, Corvallis, OR 97330

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: jill schuster, brent cole541-619-5427
Office: triple oaks realty-corvallis branch
MLS#:835531
Source:OR_WVMLS
426 NW 11th St,Corvallis, OR 97330
$2,400,000
  • - Beds
  • 12 Baths
  • 9,288 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$2,400,000
  • Price per sq. ft.:$258.4

About this home

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 2020–2023, 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

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Home facts

  • Year built:1964
  • Listing ID #:835531
  • Added:52 day(s) ago
  • Updated:January 29, 2026 at 09:19 AM

Rooms and interior

  • Total bathrooms:12
  • Living area:9,288 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:9,288 sq. ft.
  • Lot area:0.25 Acres

Schools

  • High school:Corvallis
  • Middle school:Linus Pauling
  • Elementary school:509J

Utilities

  • Water:City, Connected

Finances and disclosures

  • Price:$2,400,000
  • Price per sq. ft.:$258.4
  • Tax amount:$14,860 (2024)
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.

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