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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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615 NW 11th St , Corvallis, OR 97330
$480,000
Est. Payment: $2,451.44/mo
4 Bed
2 Bath
0 Sqft
Status: Pending | Days on site: 11
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5TOR01 - JSCHUSTE
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House 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.

Highlights

Listed by Jill Schuster , 541-619-5427 Triple Oaks Realty LLC , 541-636-3666. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1973

County

Benton

Area

220 - Benton County

Listing ID

239389915

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Water:Public Water

Exterior Features

Zoning:Univ HD
Sewer:Public Sewer
Principal Interest
$2,451
Taxes
$415

Home Price

$480,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$96,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,451.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,451.44 $415.28 $0.00 $2,866.72
Yearly $29,417.22 $4,983.37 $0.00 $34,400.59
Total $882,516.75 $149,501.10 $0.00 $1,032,017.85

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Corvallis, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-09-07T13:53:59.000Z

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