Located just blocks from Oregon State University and the heart of downtown Corvallis, this 12-unit apartment complex offers a proven multifamily investment in one of the region’s most stable rental markets. The walkable setting attracts a consistent mix of students, and long-term local tenants, drawn to proximity to campus, transit, dining, parks, and retail. The property features a uniform unit mix designed for efficient leasing and management, on-site parking, and low-maintenance construction.With its steady rent performance, and value add opportunity through rental increase and improvement of units, this property is well-suited for both exchange buyers and long-term portfolio investors seeking durable cash flow. Properties of this size and proximity to OSU rarely come available.
Listing Provided Courtesy of Brent Cole, Triple Oaks Realty LLC
General Information
292492781
2
DOM
2
0.25 acres
1
7200
1964
RS-9
Benton
119812
Garfield 3/10
Linus Pauling 5/10
Corvallis
MultiFamily
LOT:3-4 BLOCK:2 HOFFMANS
Listing Provided Courtesy of Brent Cole, Triple Oaks Realty LLC
Krishna Realty data last checked: Dec 05, 2025 12:21 | Listing last modified Dec 05, 2025 00:21,
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Residence Information
7200
2
1
Flat
Open
3
1964
No
T111Siding, WoodSiding
Daylight
Daylight
ConcretePerimeter
Features and Utilities
None
Electricity
WallHeater
PublicSewer
Electricity
Electricity
Financial
15313.67
Water
Cash,Conventional
12-03-2025
No
No
Comparable Information
2
2
Cash,Conventional
$2,400,000
$2,400,000
Dec 05, 2025 00:21
Schools
public Elementary : Garfield
3/10Ratingspublic Middle : Linus Pauling
5/10Ratingsprivate High : CorvallisN/ARatings
Located just blocks from Oregon State University and the heart of downtown Corvallis, this 12-unit apartment complex offers a proven multifamily investment in one of the region’s most stable rental markets. The walkable setting attracts a consistent mix of students, and long-term local tenants, drawn to proximity to campus, transit, dining, parks, and retail. The property features a uniform unit mix designed for efficient leasing and management, on-site parking, and low-maintenance construction.With its steady rent performance, and value add opportunity through rental increase and improvement of units, this property is well-suited for both exchange buyers and long-term portfolio investors seeking durable cash flow. Properties of this size and proximity to OSU rarely come available.
