4-plex -- Rare Corvallis Great Income Property This is a well maintained 4-plex with great rental history that offers an investor long term cash flow and stability. Located in a NE Corvallis complex with an active and well organized property owner’s board this property is ideal for investors. Each unit offers 2 bedrooms, 1 bath with washer/dryer hook-ups, private patio, covered parking, and a quiet cul-de-sac neighborhood. -- With over $2400 per month income this 4-plex offers more cash flow then similar properties in this stable college town -- All utilities except water and sewer paid by tenants -- Active property owners board -- Lawn care, lawn watering and common area maintenance part of annual HOA fees -- Monthly expenses include taxes, water and sewer -- Currently four great long term tenants -- Newer exterior paint -- Each unit well maintained -- Recently re-insulated Interested investors please contact me for income and expense details. This has been a great rental property that is hard to find in the Corvallis area.
Off market
$640,900
3320 NE Lancaster St APT 1, Corvallis, OR 97330
8beds
4baths
2,800sqft
MultiFamily
Built in 1980
-- sqft lot
$640,900 Zestimate®
$229/sqft
$2,375 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Has fireplace: No
Interior area
- Total interior livable area: 2,800 sqft
Property
Parking
- Parking features: Carport
Lot
- Size: 0.25 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1980
Community & neighborhood
Location
- Region: Corvallis
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $50 monthly
Services availability

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$640,900
2% more+ $12,818
With Zillow Showcase(estimated)
$653,718