Local realty services provided by:Knipe Realty ERA Powered
Listed by: jill schuster541-619-5427
Office: triple oaks realty-corvallis branch
MLS#:837102
Source:OR_WVMLS
615 NW 11th (-617) St,Corvallis, OR 97330
$585,000
- - Beds
- 2 Baths
- 1,656 sq. ft.
- Multi-family
- Active
Price summary
- Price:$585,000
- Price per sq. ft.:$353.26
About this home
Prime investment opportunity near Oregon State University! This well-maintained 1973 duplex offers two 2-bed, 1-bath units (each 828 sq ft) with reliable tenants and strong income. Unit 1 rents for $1445 (lease to 7/16/26): Unit 2 rents month-to-month for $1,395. Market rent potential for each unit - $1,700/month. Both units feature updated carpet and vinyl, matching white appliances (refrigerator, range, dishwasher), and bright, functional kitchens and baths. Tenants love the campus-close neighborhood! 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.
Contact an agent
Home facts
- Year built:1973
- Listing ID #:837102
- Added:1 day(s) ago
- Updated:January 31, 2026 at 04:53 AM
Rooms and interior
- Total bathrooms:2
- Living area:1,656 sq. ft.
Structure and exterior
- Year built:1973
- Building area:1,656 sq. ft.
- Lot area:0.12 Acres
Schools
- High school:Corvallis
- Middle school:Linus Pauling
Utilities
- Water:City, Connected
Finances and disclosures
- Price:$585,000
- Price per sq. ft.:$353.26
- Tax amount:$4,691 (2024)
New listings near 615 NW 11th (-617) St
- New
$599,900Active3 beds 3 baths1,682 sq. ft.2225 NW Estaview Cir, Corvallis, OR 97330
MLS# 837179Listed by: KELLER WILLIAMS / EUGENE & SPRINGFIELD - Open Sun, 1 to 3pmNew
$550,000Active3 beds 3 baths1,765 sq. ft.1956 SW 53rd St, Corvallis, OR 97333
MLS# 836962Listed by: COLDWELL BANKER VALLEY BROKERS - New
$549,000Active-- beds 3 baths1,920 sq. ft.555-557 NW Oak Av, Corvallis, OR 97333
MLS# 837069Listed by: INVESTMENT REALTY, INC.
$859,900Pending4 beds 3 baths3,249 sq. ft.4536 NW Boxwood Dr, Corvallis, OR 97330
MLS# 837050Listed by: NEXTHOME REALTY CONNECTION- Open Sat, 11am to 1pmNew
$825,000Active3 beds 3 baths2,183 sq. ft.3625 NW Wisteria Pl, Corvallis, OR 97330
MLS# 836793Listed by: PREMIERE PROPERTY GROUP, LLC CORVALLIS
$615,060Pending3 beds 3 baths1,690 sq. ft.5585 NW Tanoak Dr, Corvallis, OR 97330
MLS# 837034Listed by: HOLT HOMES REALTY, LLC- New
$629,760Active3 beds 3 baths1,690 sq. ft.5569 NW Tanoak Dr, Corvallis, OR 97330
MLS# 837035Listed by: HOLT HOMES REALTY, LLC - New
$647,110Active3 beds 2 baths1,594 sq. ft.5588 NW Tanoak Pl, Corvallis, OR 97330
MLS# 837038Listed by: HOLT HOMES REALTY, LLC - New
$652,685Active3 beds 3 baths1,783 sq. ft.5578 NW Tanoak Dr, Corvallis, OR 97330
MLS# 837040Listed by: HOLT HOMES REALTY, LLC