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$790,000
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Property Description
HUGE Rent Increases - Monthly rent was: $5,450. BRAND NEW monthly rent: $6,556 (+20%). Owner states "this close to OSU campus property has been a cash cow for 3 decades - w/low turnover; Only 2 vacancies since 1995; tenants typically stay 2 to 3 years. Low maintenance w/$30,000 remodeling/capital improvements in last few years. $13,000 proactive electrical/plumbing tune-up to prevent future repair costs; New $20,000 roof in 2022". Easy, turnkey professionally managed stable student housing investment.
Full Property Details
Full Property Details for 344 NW 12th St
General
- Sold For: $790,000
- Taxes: $5,247 (24-25)
- Status: Closed
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 829122
- Added to Site: 242 day(s) ago
Interior
- Flooring: Carpet, Laminate, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 10
Location
- County: BENTON COUNTY
- Subdivision: Wilkins Supp Plat
- Driving Directions: Take NW Harrison to NW 12th.
School Information
- Elementary School: Garfield
- Middle School: Linus Pauling
- High School: Corvallis
Heating & Cooling
- Heating Type: Electric, Baseboard, Zonal
- Heating Fuel: Electric, Baseboard, Zonal
- Furnaces: 800
- Water Heater: Electric
Utilities
- Sewer: City
- Water: City, Connected
- # Electric Meters: 374
Structural Information
- Basement Desc.: Finished, Full
- Roof: Composition
- Below Ground: 2,036 Sq. Ft.
- Year Built: 1922
Unit Information
- Units in Building: 4
- Units w/Range/Oven: 18387
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Level: AmeriTitle
- Total Bathrooms: 1
- Bedrooms: 3
Unit 5
- Square Feet: 3
Unit 6
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.12
- Lot Description: 6
Financial Considerations
- Price Per Acre: $6,658,333.33
- Assessment Year: 1922
- Tax Amount: $5,247
- Tax Year: 24-25
Disclosures and Reports
- Lot Number: 6
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Schools
Schools serving 344 NW 12th St
School District:Corvallis School District 509j
| Name | Grades | Distance |
|---|---|---|
Garfield Elementary School, Corvallis, OR 1205 Northwest Garfield Avenue, Corvallis, OR 97330 | K-5 | 1 mi |
Linus Pauling Middle School 1111 Northwest Cleveland Avenue, Corvallis, OR 97330 | 6-8 | 1.2 mi |
Corvallis High School 1400 Northwest Buchanan Avenue, Corvallis, OR 97330 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 344 NW 12th St
Date
Details
Price
Change
Source
8/14/2025
Sold
$790,000
-1.13%
MLS
5/20/2025
Price Reduced
$799,000
-2.44%
MLS
5/19/2025
Listed
$819,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
344 NW 12th St, Corvallis, OR 97330 (MLS# 829122) is a Multi-Family property that was sold at $790,000 on August 14, 2025. Want to learn more about 344 NW 12th St? Do you have questions about finding other Multi-Family real estate for sale in Corvallis? You can browse all Corvallis real estate or contact a Coldwell Banker agent to request more information.

