615 NW 11TH ST Corvallis, OR $ 585,000
615 NW 11TH ST
$ 585,000
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615 NW 11TH ST

Corvallis, OR, 97330
$ 585,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 3,602

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Multi-Family Home for sale in Corvallis, OR

for $585,000 with 4 bedrooms and 2 full baths. This home was built in 1973 on a lot size of 0.12.

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.

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Multi-Family Active

Price

$ 585,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,983

Style

Lot Size

0.12

Year Built

1973

Town/City

Corvallis

County/Region

Benton

MLS | Web ID

261665135

Features
General
Sewer PublicSewer
Heating Radiant
Zoning Univ HD
Year Built 1973
Tax Year 2025
Parcel Number 215230
Gross Income 34080.0
County Benton
Net Operating Income 30000.0
Operating Expense 4080.0
Property Type MultiFamily
HOA N
Rent Includes TrashCollection
Status Active
Directions Polk to N on 12th
High School Corvallis
City Corvallis
Disclosures Disclosure
Number Of Units Total 3
MLS Area _220
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Garfield
Tax Annual Amount 4983.37
Middle/Junior High School Linus Pauling
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description See Prelim
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Exterior
Water Source PublicWater
Exterior Description BoardBattenSiding
Lot Size Acres 0.12
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 0
Unit 3 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Internal Only
Street Number 1 615
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* Excluded Features
List By
Triple Oaks Realty Llc

Broker

541-619-5427

Contact

Affordability Calculator

$4,017
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,602
Monthly Property Taxes
$415
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950127 Elementary School
1949476 Middle School
Corvallis High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$585,000 Listed Price

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615 NW 11TH ST, Corvallis, OR, 97330 is a Multi-Family Home for sale at $585,000 with a lot size of 0.12. 615 NW 11TH ST has 4 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 97330 which is in Corvallis, OR