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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

    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.

    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#: 829122MLS Logo

    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