The property
Exceptional investment opportunity just blocks from Oregon State University! This professionally maintained duplex offers strong, reliable income with excellent upside potential in one of Corvallis’s most desirable rental areas. Built in 1973 and consistently updated, both 2-bedroom, 1-bath units (each approximately 828 sq. ft.) are occupied and well cared for.Unit 615 is leased through July 2026 at $1,445/month. Unit 617 is rented month-to-month to a long-term tenant at $1,395/month. With comparable updated properties in the area leasing around $1,700 per month, there’s clear opportunity for rent growth and enhanced cash flow.Each unit features comfortable living spaces, updated carpet and vinyl flooring, and kitchens equipped with matching white refrigerator, range, and dishwasher. Bathrooms include a single vanity, vinyl flooring, and a shower/tub combination. Tenants appreciate the quiet, tree-lined street and easy access to campus, downtown, shopping, dining, and public transit.Whether you’re expanding your investment portfolio or looking for a safe, convenient home for your Oregon State student—while offsetting costs with rental income—this property delivers consistent performance, low maintenance, and lasting appeal.A rare chance to own a proven income-producing property in the heart of Corvallis rental demand.
Listing snapshot
- Type
- Multi Family
- Status
- Active (ACT)
- Year built
- 1973
- Lot
- 0.12 ac
- Water
- Public Water
- Sewer
- Public Sewer
- Heat
- Radiant
- Terms
- Cash,Conventional,FHA,VALoan
- Property tax
- $4,983 (2025)
- County
- Benton
- Zoning
- Univ HD
- MLS®
- 239389915
Price history
- Original listAug 20, 2026
- $585,000
- Current listSep 15, 2026
- $480,000
Heating & cooling
- Radiant
Utilities
- Public Water
- Public Sewer
The house, in pictures
Schools on the listing
These school names come from the RMLS listing. They are not a guarantee of attendance. Confirm the address with the district.
Elementary
Garfield
Middle
Linus Pauling
High
Corvallis
Listing courtesy of Jill Schuster, Triple Oaks Realty LLC · 541-619-5427 · RMLS

Listing courtesy of Jill Schuster, Triple Oaks Realty LLC · 541-619-5427. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLS. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Triple Oaks Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on Sep 15, 2026, 7:18 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Provided by Triple Oaks Realty.
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