Sold for $2,000,000

Listed by: Triple Oaks Realty-Corvallis Branch

Bought with: Triple Oaks Realty

$2,000,000

426 NW 11th St, Corvallis, OR 97330

24beds

12baths

9,288sqft

Multi Family

Built in 1964

-- sqft lot

$-- Zestimate^®

$215/sqft

$1,774 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,774/mo

Zestimate^® history

Owner options

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$1,774/mo

Rent Zestimate^®

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$9,905/mo

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$9,905/mo

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What's special

Functional market-typical finishesIndividual electric water heatersAmple street parkingCoin-operated laundry

Turn-Key Opportunity - Located just 5 blocks from OSU, .6 miles from Downtown Corvallis, and 1.1 miles to Reser Stadium, this 12-unit apartment building offers a prime college-town investment with reliable cash flow and long-term upside. Built in 1964 and updated between 2020–2023, the property features 12 2BR/1Ba units, 9 currently leased and 3 updated units ready to capture current market rents. Solid low-maintenance investment in one of the Oregon Willamette Valley's most desirable rental markets.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 12

Appliances

Laundry: Common Area

Features

Has fireplace: No

Interior area

Total structure area: 9,288
Total interior livable area: 9,288 sqft

Property

Lot

Size: 0.25 Acres

Details

Parcel number: 119812
Zoning: RS-9

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1964

Utilities & green energy

Water: Public
Utilities for property: Water Connected

Community & neighborhood

Community

Community features: Other (Refer to Remarks)

Location

Region: Corvallis
Subdivision: HOFFMANS

Other

Other facts

Listing agreement: Exclusive Right To Sell
Price range: $2M - $2M
Listing terms: Cash,Conventional

Price history

Date	Event	Price
3/13/2026	Sold	$2,000,000-16.7%$215/sqft
Source: WVMLS #835531 Report a problem
2/6/2026	Pending sale	$2,400,000$258/sqft
Source: WVMLS #835531 Report a problem
1/6/2026	Contingent	$2,400,000$258/sqft
Source: WVMLS #835531 Report a problem
1/2/2026	Pending sale	$2,400,000$258/sqft
Source: RMLS (OR) #292492781 Report a problem
12/3/2025	Listed for sale	$2,400,000$258/sqft
Source: RMLS (OR) #292492781 Report a problem
3/22/2016	Listing removed	$800
Source: Homeport Property Management Report a problem
1/12/2016	Price change	$800-5.9%
Source: Homeport Property Management Report a problem
1/6/2016	Listed for rent	$850+3.7%
Source: Homeport Property Management Report a problem
11/21/2014	Listing removed	$820
Source: Appfolio Report a problem
11/7/2014	Listed for rent	$820+13.9%
Source: Homeport Property Management Report a problem
5/18/2014	Listing removed	$720
Source: Homeport Property Management Report a problem
4/12/2014	Price change	$720+2.9%
Source: Homeport Property Management Report a problem
4/9/2014	Listed for rent	$700
Source: Homeport Property Management Report a problem