The Owner says this property is a cash cow- It will continue to be your cash cow. Per owner: there's only been one vacancy in the last 29 years, with a history of tenants staying 2 to 3 years: low cost high occupancy property; over $30,000 in remodeling and capital improvements in the last two years; proactive electrical and plumbing tune-up $13,000 to prevent repair calls later; new Roof approx. $20,000 done in 2022. Currently under professional property management with Duerksen Property management. All four units are leased. The leases run from July 1st to June 15th each year.
For sale
Listed by:
BRIAN SMITH Agent:503-361-7151,
Coldwell Banker Mountain West Real Estate, Inc.
$819,000
344 NW 12th St, Corvallis, OR 97330
10beds
5baths
--sqft
Est.:
Quadruplex
Built in 1922
-- sqft lot
$786,300 Zestimate®
$--/sqft
$-- HOA
What's special
New roof
- 57 days
- on Zillow |
- 419 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: March 12, 2025 at 03:53pm
Listed by:
BRIAN SMITH Agent:503-361-7151,
Coldwell Banker Mountain West Real Estate, Inc.
Source: WVMLS,MLS#: 825973

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Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Dining room
- Features: Area (Combination)
Heating
- Electric, Baseboard, Zoned
Appliances
- Included: Dishwasher, Washer/Dryer, Electric Range, Electric Water Heater, Refrigerator
Features
- Other(Refer to Remarks), High Speed Internet
- Flooring: Carpet, Laminate, Tile, Vinyl
- Basement: Finished,Full
- Has fireplace: No
Property
Features
- Fencing: Partial
Lot
- Size: 5,227 Square Feet
- Features: Dimension Above, Landscaped
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Continuous, Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: Wilkins Supp Plat
HOA
- Has HOA: No
Location
- Region: Corvallis
Financial & listing details
- Annual tax amount: $5,247
- Price range: $819K - $819K
- Date on market: 2/28/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange
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