Benedicte Carbonnier - Coldwell Banker Walla Walla Logo
$480,000
 $2,577 est/mo Sourced by Back At You

615 NW 11th St,Corvallis, OR 97330

Corvallis, OR 97330

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Description

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.

Details

MLS #239389915
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1973
Days On Site26
Listing Provided ByTriple Oaks Realty LLC | Jill Schuster

Features

Units3
ZoningUniv HD
Acreage0.12

Interior

HeatingRadiant
Heating YnYes
Cooling YnNo

Parking

Attached Garage YnNo

Taxes

Property4983

Area Information

StateOR
CountyBenton
CityCorvallis
Zip Code97330
School DistrictCorvallis
Elementary SchoolGarfield
High SchoolCorvallis
Listing VS Median (in 97330)
Price:
$480,000
low | high
Med:
$594,500
26.145833333333% of Average
On site:
26
low | high
Med:
312
8.333333333333% of Average
Sourced by Back At You

Market Activity 97330

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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 brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

Benedicte Carbonnier

Benedicte Carbonnier

Coldwell Banker Walla Walla

 (509) 730-9755benedicte@wallawallacb.com
StateOR
CountyBenton
CityCorvallis
Zip Code97330
School DistrictCorvallis
Elementary SchoolGarfield
High SchoolCorvallis
Listing VS Median (in 97330)
Price:
$480,000
low | high
Med:
$594,500
26.145833333333% of Average
On site:
26
low | high
Med:
312
8.333333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $360K - $600K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
428 NW 12TH ST Property Photo 1
$525,000
428 Nw 12th St
Corvallis, OR 97330
946 NW 10TH ST Property Photo 1
$1,300,000
946 Nw 10th St
Corvallis, OR 97330
Listing Updated: August 31, 2026 at 9:43:28 AM PDT