615 NW 11TH ST, Corvallis, OR 97330

  • $480,000

Overview

  • 1973
    Year Built
  • MultiFamily
    Property Type
  • 239389915
    MLS#
  • 0.12 Acres
    Land Area
  • Triple Oaks Realty LLC
    Office Name
  • Jill Schuster
    Agent Name

Description

Exceptional investment opportunity just blocks from Oregon State University! This professionally maintained duplex offers strong, reliable income with excellent upside potential in one of Corvallis’s most desirable rental areas. Built in 1973 and consistently updated, both 2-bedroom, 1-bath units (each approximately 828 sq. ft.) are occupied and well cared for.Unit 615 is leased through July 2026 at $1,445/month. Unit 617 is rented month-to-month to a long-term tenant at $1,395/month. With comparable updated properties in the area leasing around $1,700 per month, there’s clear opportunity for rent growth and enhanced cash flow.Each unit features comfortable living spaces, updated carpet and vinyl flooring, and kitchens equipped with matching white refrigerator, range, and dishwasher. Bathrooms include a single vanity, vinyl flooring, and a shower/tub combination. Tenants appreciate the quiet, tree-lined street and easy access to campus, downtown, shopping, dining, and public transit.Whether you’re expanding your investment portfolio or looking for a safe, convenient home for your Oregon State student—while offsetting costs with rental income—this property delivers consistent performance, low maintenance, and lasting appeal.A rare chance to own a proven income-producing property in the heart of Corvallis rental demand.

Details

Updated on August 21, 2026 at 2:34 pm
  • MLS# 239389915
  • Price $480,000
  • Land Area 0.12 Acres
  • Garage Size x x
  • Year Built 1973
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Triple Oaks Realty LLC
  • Agent Name Jill Schuster
  • Office Phone 541-636-3666

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Sewer Public Sewer
  • Heating Radiant
  • County Benton
  • Property Type MultiFamily
  • Elementary School Garfield
  • Middle School Linus Pauling
  • High School Corvallis

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