OR > Corvallis
Corvallis, OR 97330,342 NW 12TH ST
Listed by Coldwell Banker Mountain West • coldwellbanker@cboregon.com
$799,000
Est. payment /mo
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2,880 SqFt
Pending

342 NW 12TH ST Corvallis, OR 97330

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Suzanne Clark

Suzanne Clark

+1(503) 806-9332

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Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $277

MLS Listing ID 172341867

Year Built 1922

Annual Tax Amount $5,247

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

HUGE Rent Increases - Monthly rent was: $5,450. BRAND NEW monthly rent: $6,756 (+24%). 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 with $30,000 remodeling/capital improvements last 2-3 years; $13,000 proactive electrical/plumbing tune-up to prevent future repair costs; New $20,000 roof in 2022". Easy, turnkey investment managed by Duerksen Property Management.

Location

State OR

County Benton

Area _220

Zoning RS-9

Rooms

Basement Finished, Full Basement, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Baseboard, Wall Heater

Exterior

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Garfield

Middle Schools Linus Pauling

High Schools Corvallis

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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agent

Suzanne Clark

Your Trusted Advisor, Principle Broker, Licensed in OR | License ID: 200608182

+1(503) 806-9332

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342 NW 12TH ST