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426 NW 11th St, Corvallis, OR 97330

$2,400,000

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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.

426 NW 11th St | MLS# 292492781

This multi-family property located at 426 NW 11th St, Corvallis, OR 97330 is currently listed for sale with an asking price of $2,400,000. Search Corvallis real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Daylight
Cooling: None
Fuel Type: Electricity
Heating: WallHeater
Roof Type: Flat
Stories: 3.0
Taxes: $15,314
Year Built: 1964
Square Feet: 7,200

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator
Rent: $1490.00
Square Footage: 650
Total Units: 12

Feature Descriptions

Days on Site: 88
Exterior: T-111 Siding, Wood Siding
Gross Income: $186540.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $124031.00 (Actual)
Operating Expenses: $60911.00 (Actual)
Parking: Open
Parking Notes: Open
Sewer: Public Sewer
Storage: IndividualStorageUnits
Units: 12
Water: Public Water

Local Schools

High School: Corvallis
Middle School: Linus Pauling
Elementary School: Garfield

Listed By / Shown By

Listed By

Agency Name: Triple Oaks Realty LLC
Agency Contact: 541-556-5093

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 14,111.87 per month $12,135.71 Principal & Interest $1,276.17 Property Tax $700.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:04:50 AM EST) or RMLS (last updated Mon 03/02/2026 11:58:17 PM EST) or COAR/MLSCO (last updated Tue 03/03/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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