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$585,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 615 NW 11th (-617) St
General
- Price: $585,000
- Taxes: $4,691 (2024)
- Status: Active
- Type: Duplex
- Source: WVMLS
- MLS ID: 837102
- Updated: 2/2/2026
- Added to Site: 4 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Color: Beige
Location
- County: BENTON COUNTY
- Subdivision: Job's Addition
- Driving Directions: Polk to N on 12th
School Information
- Elementary School: Garfield
- Middle School: Linus Pauling
- High School: Corvallis
Heating & Cooling
- Heating Type: Electric, Radiant Ceiling
- Heating Fuel: Electric, Radiant Ceiling
- Water Heater: Electric
Utilities
- Sewer: City
- Water: City, Connected
Structural Information
- Square Feet: 1,656
- Year Built: 1973
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 828
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 828
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Level: Ticor
Unit 5
- Square Feet: 2
Lot Features
- Lot Size (Acres): 0.12
- Frontage Feet: 828
- Zoning: RS9
Financial Considerations
- Price Per Sq. Ft.: $353.26
- Price Per Acre: $4,875,000
- Assessment Year: 1973
- Assessment Amount: $100
- Tax Amount: $4,691
- Tax Year: 2024
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Schools
Schools serving 615 NW 11th (-617) St
School District:Corvallis School District 509j
| Name | Grades | Distance |
|---|---|---|
Garfield Elementary School, Corvallis, OR 1205 Northwest Garfield Avenue, Corvallis, OR 97330 | K-5 | 0.8 mi |
Linus Pauling Middle School 1111 Northwest Cleveland Avenue, Corvallis, OR 97330 | 6-8 | 1 mi |
Corvallis High School 1400 Northwest Buchanan Avenue, Corvallis, OR 97330 | 9-12 | 0.4 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 615 NW 11th (-617) St
Date
Details
Price
Change
Source
1/30/2026
Listed
$585,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 615 NW 11th (-617) St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,983
3%
$259,289
3%
2024
$4,836
3%
$251,737
3%
2023
$4,694
7%
$244,405
6%
2021
$4,406
-3%
$230,375
-3%
2022
$4,557
3%
$237,286
6%
2021
$4,406
12%
$223,665
3%
2019
$3,918
-1%
$217,150
3%
2018
$3,939
8%
$210,825
3%
2017
$3,644
—
$204,684
3%
2016
$3,628
5%
$198,722
3%
2015
$3,439
5%
$192,934
3%
2014
$3,284
12%
$187,315
3%
2013
$2,920
—
$181,859
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 615 NW 11th (-617) St
615 NW 11th (-617) St, Corvallis, OR 97330 (MLS# 837102) is a Duplex property with 4 bedrooms and 0 full bathrooms. 615 NW 11th (-617) St is currently listed for $585,000 and was received on January 31, 2026. Want to learn more about 615 NW 11th (-617) St? Do you have questions about finding other Duplex real estate for sale in Corvallis? You can browse all Corvallis real estate or contact a Coldwell Banker agent to request more information.

