426 NW 11TH ST, Corvallis, OR 97330

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Sold Price
$2,000,000
List Price
$2,400,000
Closing Date
Mar 13, 2026
Days on Market
100
MLS#
292492781
Property Type
Multifamily
Sqft. of Residence
7,200
Lot Size
10, 000 to 14, 999 SqFt
Region
Benton County
Status
SOLD

Property Description

Located just blocks from Oregon State University and the heart of downtown Corvallis, this 12-unit apartment complex offers a proven multifamily investment in one of the region’s most stable rental markets. The walkable setting attracts a consistent mix of students, and long-term local tenants, drawn to proximity to campus, transit, dining, parks, and retail. The property features a uniform unit mix designed for efficient leasing and management, on-site parking, and low-maintenance construction.With its steady rent performance, and value add opportunity through rental increase and improvement of units, this property is well-suited for both exchange buyers and long-term portfolio investors seeking durable cash flow. Properties of this size and proximity to OSU rarely come available.

Additional Information

Tax Amount
$15,313
Year Built
1964
High School
Corvallis
Elementary School
Garfield
Middle School
Linus Pauling
Acres
0.25
Living Area
7,200
Stories
3
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Wall Heater
Hoa Rent Includes
Water
Hot Water Description
Electricity
Exterior Description
T-111 Siding, Wood Siding
Roof Type
Flat
Sewer Description
Public Sewer
Parking
Open
Parking Description
Open
Road Surface
Gravel
Number Of Units Total
12
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1490
Unit Type One Sq Ft
650
Unit Type One Units Total
12

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Triple Oaks Realty LLC. Selling Office: Triple Oaks Realty LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.