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342 NW 12TH St

Corvallis, OR 97330
  • $819,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 172341867
UPDATED: 56 min ago
$819,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,880
    SQFT
  • $284
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. 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 Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-04-28T20:48:41.87.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
www.coho.realty/homes/161263445
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342 NW 12TH St Corvallis, OR 97330

  • Price: $819,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 56 min ago
  • MLS #: 172341867
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2,880
SQFT
$284
$/SQFT
1922
Built
Neighborhood:
220-Benton County
County:
Benton
Area:
220-Benton County
Elementary School:
Garfield
Middle School:
Linus Pauling
High School:
Corvallis
Property Description
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.
Exterior Features

Attached Garage YN No Exterior Description Shake Siding Foundation Details Slab Lot Features Level Parking Features On Street Road Surface Type Paved Roof Composition View YN No

Interior Features

Basement Finished Full Basement Separate Living Quarters Apartment Aux Living Unit Cooling YN No Heating Baseboard Wall Heater Heating YN Yes

Property Features

Bank Owned YN No Fuel Description Electricity Green Certification YN No Gross Income 68640 Hot Water Description Gas IDXAddress Display YN Yes Listing Terms Cash Conventional Net Operating Income 50410 Operating Expense 18230 Property Attached YN No Property Condition Updated Remodeled Rent Includes Sewer Trash Collection Water Sewer Public Sewer Short Sale YN No Tax Annual Amount 5247.05 Tax Year 2024 Water Source Public Water Zoning RS-9

Listing provided courtesy of Coldwell Banker Mountain West: coldwellbanker@cboregon.com.


Listing content is copyright © 2025 RMLS™, Portland, Oregon. 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 Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-04-28T20:48:41.87.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
 
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Coho Realty
500 Liberty St SE, Suite 410
Salem OR, 97301