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.
Sold for $790,000 on 08/14/25
Listed by:
BRIAN SMITH Agent:503-361-7151,
Coldwell Banker Mountain West Real Estate, Inc.
$790,000
344 NW 12th St, Corvallis, OR 97330
10beds
5baths
--sqft
Quadruplex
Built in 1922
-- sqft lot
$773,600 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 19, 2025 at 11:01am
Listed by:
BRIAN SMITH Agent:503-361-7151,
Coldwell Banker Mountain West Real Estate, Inc.
Bought with:
SCOTT SANDERS
The Sanders Company
Source: WVMLS,MLS#: 829122

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Dining room
- Features: Area (Combination)
Heating
- Electric, Baseboard, Zoned
Appliances
- Included: Dishwasher, Washer/Dryer, Electric Range, Electric Water Heater, Refrigerator
Features
- Other(Refer to Remarks), High Speed Internet
- Flooring: Carpet, Laminate, Tile, Vinyl
- Basement: Finished,Full
- Has fireplace: No
Property
Features
- Fencing: Partial
Lot
- Size: 5,227 sqft
- Features: Dimension Above, Landscaped
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Continuous, Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & neighborhood
Location
- Region: Corvallis
- Subdivision: Wilkins Supp Plat
HOA & financial
Other financial information
- Total actual rent: 6516
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$773,600
2% more+ $15,472
With Zillow Showcase(estimated)
$789,072