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$2,000,000
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Property Description
Turn-Key Opportunity - Located just 5 blocks from OSU, .6 miles from Downtown Corvallis, and 1.1 miles to Reser Stadium, this 12-unit apartment building offers a prime college-town investment with reliable cash flow and long-term upside. Built in 1964 and updated between 2020-2023, the property features 12 2BR/1Ba units, 9 currently leased and 3 updated units ready to capture current market rents. Solid low-maintenance investment in one of the Oregon Willamette Valley's most desirable rental markets.
Full Property Details
Full Property Details for 426 NW 11th St
General
- Sold For: $2,000,000
- Taxes: $14,860 (2024)
- Status: Closed
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 835531
- Added to Site: 141 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 24
Location
- County: BENTON COUNTY
- Subdivision: HOFFMANS
- Driving Directions: Van Buren to N on 11th
School Information
- Elementary School: 509J
- Middle School: Linus Pauling
- High School: Corvallis
Heating & Cooling
- Furnaces: 1600
Utilities
- Water: City, Connected
- # Electric Meters: 4334
Structural Information
- Square Feet: 9,288
- Below Ground: 6,157 Sq. Ft.
- Finished Total: 1,241 Sq. Ft.
- Year Built: 1964
Unit Information
- Units in Building: 12
Unit 4
- Level: Ticor
Lot Features
- Lot Size (Acres): 0.25
- Zoning: RS-9
- Lot Description: 3-4
Financial Considerations
- Price Per Sq. Ft.: $215.33
- Price Per Acre: $9,600,000
- Assessment Year: 1964
- Tax Amount: $14,860
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 3-4
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Schools
Schools serving 426 NW 11th 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 | 1.1 mi |
Corvallis High School 1400 Northwest Buchanan Avenue, Corvallis, OR 97330 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 426 NW 11th St
Date
Details
Price
Change
Source
3/13/2026
Sold
$2,000,000
-16.67%
MLS
12/08/2025
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
426 NW 11th St, Corvallis, OR 97330 (MLS# 835531) is a Multi-Family property that was sold at $2,000,000 on March 13, 2026. Want to learn more about 426 NW 11th 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.

