Active under contract

Price cut: $25K (9/15)

$400,000

312 E 1st St, Corvallis, MT 59828

3beds

1,624sqft

$2,669/mo

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Single Family Residence

Built in 1945

0.38 Acres Lot

$395,800 Zestimate^®

$246/sqft

$-- HOA

What's special

Fenced with gatesMature treesLots of lightHuge kitchen

What an opportunity! This property is currently set up as 2 UNITS!! The front (main unit) is 2 bd/1ba and the rear unit is a studio with kitchen, bathroom & laundry. Shared electric & gas. The home can easily be returned to a 3 bd/2ba single family house. The main home offers lots of light, a huge kitchen and ample living room. The studio has a private entrance and parking area, making it easy to rent for supplemental income. The lot is over 16,000 square feet and potentially could be used to build more units (Buyer to confirm). Fenced with gates and mature trees, right in the heart of Corvallis. Plenty of room to park an RV!

44 days
550
23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Fireplace(s)

Appliances

Included: Built-In Oven, Cooktop, Dryer, Dishwasher, Refrigerator, Washer

Features

Basement: Crawl Space,Other
Has fireplace: No

Interior area

Total structure area: 1,624
Total interior livable area: 1,624 sqft
Finished area below ground: 0

Property

Parking

Parking features: Additional Parking, On Street

Features

Patio & porch: Patio
Exterior features: Storage
Fencing: Back Yard,Front Yard,Perimeter

Lot

Size: 0.38 Acres

Details

Additional structures: Shed(s)
Parcel number: 13156533307010000
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Poured

Condition

New construction: No
Year built: 1945

Utilities & green energy

Sewer: Public Sewer
Water: Well
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Corvallis

Financial & listing details

Price per square foot: $246/sqft
Tax assessed value: $357,500
Annual tax amount: $1,266
Date on market: 8/31/2026
Listing agreement: Exclusive Right To Sell

Estimated market value

$395,800

$376,000 - $416,000

$2,074/mo

Price history

Date	Event	Price
9/15/2026	Price change	$400,000-5.9%$246/sqft
Source: MRMLS #30077688 Report a problem
8/31/2026	Listed for sale	$425,000$262/sqft
Source: MRMLS #30077688 Report a problem
3/25/2014	Sold	--
Source: MRMLS #20136808 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,199 -33.8%	$357,500 +4.8%
2024	$1,812 +5.7%	$341,200
2023	$1,714 +41.4%	$341,200 +81.6%
2022	$1,212 +1.4%	$187,900
2021	$1,195 +11.4%	$187,900 +19.9%
2020	$1,073 -5.3%	$156,700
2019	$1,132 +9.2%	$156,700 +15.8%
2018	$1,037 +8.1%	$135,300
2017	$959 +17%	$135,300 +18%
2016	$820 +0.3%	$114,700
2015	$817 -13.8%	$114,700 +45.6%
2014	$948 +8.3%	$78,758 +3.5%
2013	$875 -2.2%	$76,104 +4%
2012	$895	$73,195
2011	--	--
2010	--	--
2009	--	--
2008	--	$94,957
2007	--	$94,957
2006	--	$94,957