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  • Price cut: $20K (5/20)
    $799,000

    342 NW 12th St, Corvallis, OR 97330

    10beds
    2,880sqft
    : 
    Multi Family
    Built in 1922
    -- sqft lot
    $-- Zestimate®
    $277/sqft
    $-- HOA

    What's special

    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.
    97 days
    on Zillow
    |
    411
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 09, 2025 at 01:38am

    Listed by:

    Brian Smith coldwellbanker@cboregon.com,

    Coldwell Banker Mountain West

    Source: RMLS (OR),MLS#: 172341867MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 342 NW 12th St.

    Next available tour time:Today at 4:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Finished,Full,Separate Living Quarters Apartment Aux Living Unit
    Interior area
    • Total structure area: 2,880
    • Total interior livable area: 2,880 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 5,227.2 Square Feet
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: 120141
    • Zoning: RS-9

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Shake Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Corvallis

    Financial & listing details

    • Price per square foot: $277/sqft
    • Tax assessed value: $543,360
    • Annual tax amount: $5,247
    • Date on market: 3/6/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 6556
    • Road surface type: Paved
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