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.
Sold
$790,000
342 NW 12th St, Corvallis, OR 97330
10beds
2,880sqft
Multi Family
Built in 1922
-- sqft lot
$760,200 Zestimate®
$274/sqft
$2,528 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 20, 2025 at 11:46am
Listed by:
Brian Smith coldwellbanker@cboregon.com,
Coldwell Banker Mountain West
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 172341867

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 sqft
- 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 & neighborhood
Location
- Region: Corvallis
HOA & financial
Other financial information
- Total actual rent: 6516
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$760,200
2% more+$15,204
With Zillow Showcase(estimated)$775,404