615 NW 11th St

Corvallis, OR 97330
  • $585,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 1,656

    SqFt

About the Listing 1411 - 13319

Prime investment opportunity near Oregon State University! This well-maintained 1973 duplex offers two 2-bed, 1-bath units (each 828 sq ft) with reliable tenants and strong income. Unit 1 rents for $1445 (lease to 7/16/26): Unit 2 rents month-to-month for $1,395. Market rent potential for each unit - $1,700/month. Both units feature updated carpet and vinyl, matching white appliances (refrigerator, range, dishwasher), and bright, functional kitchens and baths. Tenants love the campus-close neighborhood! 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.

Listing Highlights

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® 837102
Year Built 1973
Total Square Footage 1,656
Lot/Acreage 0.12
County Benton
Neighborhood Job's Addition
Middle School Linus Pauling
High School Corvallis

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances: Yes, Range Included, Refrigerator Included
  • Air Cond:
  • Heating: Electric,Radiant Ceiling
  • Fireplaces:
  • Floor: Carpet,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Connected,City

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others: Board & Batt
  • Sewer: City

Financial Details

  • Tax Amount: $4,691
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

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615 NW 11th St Corvallis, OR 97330

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