1250 SW E AVE, Corvallis, OR 97333
- $1,525,000
- 8,652
- SqFt
- Sold Price
- $1,525,000
- List Price
- $1,575,000
- Closing Date
- Dec 30, 2025
- Days on Market
- 60
- MLS#
- 185540291
- Property Type
- Multifamily
- Sqft. of Residence
- 8,652
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Benton County
- Status
- SOLD
Property Description
1250 SW E Av. Corvallis, OR 97330 is located approximately 1 mile from the center of Oregon State University; .08 miles from Reser Stadium; 5 miles to Goss Stadium. Built in 1980, the property is comprised of the following residential units:One - 3 Bedroom/1 Bathroom UnitFive - 2 Bedroom/1 Bathroom UnitsTwo - 1 Bedroom/1 Bathroom Units1250 SW E St, Corvallis, OR 97330 is being offered as a turn-key investment opportunity. All units are currently under lease with potential increase in cash flow by capitalizing on annual rental increases.The property has an on-site laundry facility on the basement level that is under-utilized with two coin operated washer/dryer units.The property features on-site parking for convenience and landscaped lawn areas. Units also feature balcony space for outdoor use at each level.Tenants pay electric, as each unit is separately metered. Common-area meters include laundry space and outdoor lighting. Water is provided on a single meter to the property and could be prorated back to tenants on new lease structures.Recent Appraisal on file with Listing Broker at List Price.==========================================================Rare find! Just blocks from OSU, this fully occupied 8-unit apartment building is a solid investment opportunity in a highly desirable rental area. With a proven rental history and consistent demand from students and professionals, this property offers reliable income in a stable college-town market. Units are all-electric, featuring individual 50-gallon water heaters. Many units have seen recent updates, including refreshed fixtures and flooring. Shared laundry facility adds value.
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Additional Information
- Tax Amount
- $12,178
- Year Built
- 1980
- High School
- Corvallis
- Elementary School
- Lincoln
- Middle School
- Linus Pauling
- Acres
- 0.24
- Living Area
- 8,652
- Stories
- 3
- Terms
- Cash, Conventional
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Ceiling, Floor Furnace, Wall Heater
- Hoa Rent Includes
- Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Lap Siding
- Sewer Description
- Public Sewer
- Parking
- Off Street, On Street
- Parking Description
- Off Street, On Street
- Road Surface
- Paved
- Number Of Units Total
- 8
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 1595
- Unit Type One Sq Ft
- 1100
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 5
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 1
- Unit Type Three Rent
- 1297
- Unit Type Three Sq Ft
- 640
- Unit Type Three Units Total
- 2
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Listing courtesy of Triple Oaks Realty LLC. Selling Office: Investment Realty.
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.