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Corvallis, OR Multifamily Homes & Duplexes for Sale

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  • /17

    $860,000

    • 6 Beds
    • 4 Baths
    • 2,736 Sq Ft

    4280 NE Highway 20, Corvallis, OR 97330

    Dual living or investment opportunity on a spacious 0.47-acre lot! This unique property includes a 4 bed, 2 bath, 1508 sqft single-family home plus a 1 bed, 1 bath duplex unit (614 sqft each side), offering versatile options for multigenerational living, rental income, or expanding your portfolio. Enjoy mature trees, ample outdoor space for gardening, BBQ'ing, outdoor hobbies. Prime location

    Agent Photo

    Laura Gillott

    KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM

    (458) 230-8783

    4280 NE Highway 20, Corvallis, OR 97330
  • /17

    $4,900,000

    • 6 Beds
    • 4 Baths

    1230 NW 23rd St, Corvallis, OR 97330

    Prime investment opportunity awaits at The Nash Apartments, a 24-unit complex perfectly positioned just one mile from Oregon State University. Comprising two adjacent parcels at 1218 & 1230 NW 23rd St, the property offers a mix of one, two, three, and four-bedroom layouts, perfect for students. Recent exterior updates, include new siding and roof. On-site amenities include 24 off-street parking

    Ian Crist Bridge Creek Realty

    1230 NW 23rd St, Corvallis, OR 97330
  • /47

    $335,000

    • 2 Beds
    • 1.5 Baths
    • 1,208 Sq Ft

    108 NE Powderhorn Dr, Corvallis, OR 97330

    Move-in ready and beautifully refreshed, this well-maintained2-bedroom, 1.5-bath zero lot line home is a rare find--featuringthe largest yard in the neighborhood! Thoughtfully refreshed tooffer modern comfort and easy living. Inside, you'll find brandnew flooring throughout--LVP on the main level and new carpetupstairs--plus fresh paint on walls, ceilings, trim and doors. The kitchen shines with

    Jill Schuster Triple Oaks Realty LLC

    108 NE Powderhorn Dr, Corvallis, OR 97330
  • /50

    $1,999,999

    • 11 Beds
    • 10 Baths
    • 14,707 Sq Ft

    300 SW 2nd St, Corvallis, OR 97333

    Rare opportunity to own (or lease) a mixed-use building in downtown Corvallis. Right across from the post office and a block from a new $81 million dollar mixed development project, the Radcliffe is a great buy for an investor wanting to acquire a core asset in Oregon’s most rent burdened market and home to OSU, one of the top ten national campus markets for investors. The downstairs property

    Bjorn Beer SVN - IMBRIE REALTY LLC

    300 SW 2nd St, Corvallis, OR 97333
  • /33

    $1,195,000

    • 10 Beds
    • 3,393 Sq Ft

    350 SE Lilly Ave, Corvallis, OR 97333

    Five rentals including a house: There are 2 two bedroom apartments, 1 three bedroom apartment, 1 one bedroom apartment and a two bedroom house. Zoning is RS6. The lot size is 0.30 acres (13,003 sf.). The property buildings have a total of 3,393 sf. Call for property information package including income and expense and a rent roll.

    Gary Smith INVESTMENT REALTY, INC.

    350 SE Lilly Ave, Corvallis, OR 97333
  • /28

    $2,400,000

    • 2 Beds
    • 1 Bath
    • 7,200 Sq Ft

    426 NW 11th St, Corvallis, OR 97330

    Located just blocks from Oregon State University and the heart of downtown Corvallis, this 12-unit apartment complex offers a proven multifamily investment in one of the region’s most stable rental markets. The walkable setting attracts a consistent mix of students, and long-term local tenants, drawn to proximity to campus, transit, dining, parks, and retail. The property features a uniform unit

    Brent Cole Triple Oaks Realty LLC

    426 NW 11th St, Corvallis, OR 97330
  • /19

    $950,000

    • 5 Beds
    • 3 Baths
    • 2,606 Sq Ft

    1080 SW 35th St, Corvallis, OR 97333

    Great location 3 blocks from campus. Very large lot with room to build. Seller was told by city that it has to be a continuous building with as many units that could fit. Buyer to do due diligence. Newer metal roofs, asphalt, windows patio covers & many more items. Already income producing and room for more income!

    Steve Duerksen D&A, Inc.

    1080 SW 35th St, Corvallis, OR 97333
  • /35

    $675,000

    • 5 Beds
    • 2 Baths
    • 1,734 Sq Ft

    620 NW 19th St, Corvallis, OR 97330

    This beautifully maintained no-vacancy investment property is ideally located just 0.5 miles from Oregon State University campus. Recent upgrades include a newer roof, furnace, fresh interior and exterior paint, stylish LVP flooring, and updated kitchen and main-level bathroom. The primary bedroom offers private access to a porch overlooking the backyard. All downstairs bedrooms feature their own

    WENDY LEIBELT PREMIERE PROPERTY GROUP, LLC CORVALLIS

    620 NW 19th St, Corvallis, OR 97330
  • /41

    $698,000

    • 5 Beds
    • 3 Baths
    • 3,050 Sq Ft

    430 SW 6th St, Corvallis, OR 97333

    Excellent investment opportunity located between Oregon State University and downtown Corvallis. Property is located in the Avery-Helm Historic District. The four bedroom house and the attached 1 bedroom apartment rent for a total of $4,025 per month and are leased until June 2026. The main home has beautiful wood floors, a gas fireplace and lots of natural light. The apartment has vaulted

    Gary Smith INVESTMENT REALTY, INC.

    430 SW 6th St, Corvallis, OR 97333
  • /47

    $1,500,000

    • 10 Beds
    • 9.5 Baths
    • 4,537 Sq Ft

    865 SW Grove St, Corvallis, OR 97333

    Brand new multifamily CAMPUS CLOSE! FULLY LEASED 10 bedroom 2024 construction in the backyard of Reser Stadium. Don't miss this turn key opportunity to owner occupy or max out on campus close leasing. Rents are at $780/door. Listing agent related to seller.

    Katie Slayden CONNECTED REAL ESTATE GROUP

    865 SW Grove St, Corvallis, OR 97333
  • /35

    $780,000

    • 7 Beds
    • 2 Baths
    • 2,030 Sq Ft

    223 NW 15th St, Corvallis, OR 97330

    This exceptional investment property, located 1.5 blocks from OSU, offers a unique, larger 7-bedroom layout. Tons of off-street parking! Upgrades include a new gas furnace, a newer roof, and exterior paint, ensuring long-term durability. Inside, an upstairs kitchenette and a full kitchen downstairs provide convenience for tenants. With a history of zero vacancies, this well-maintained property

    WENDY LEIBELT PREMIERE PROPERTY GROUP, LLC CORVALLIS

    223 NW 15th St, Corvallis, OR 97330
  • /35

    $549,000

    • 6 Beds
    • 4 Baths
    • 2,368 Sq Ft

    1720 NW Division St, Corvallis, OR 97330

    New Price! Excellent rental property; duplex with solid rental history in a convenient area--close to shopping, schools, parks. Each unit 3 bed / 2 bath; laundry hookups in each unit. Durable, attractive and easy-care tile floors. 1679 NW Highland vacant and available to view.

    PATRICK GROSS TOWN & COUNTRY REALTY

    1720 NW Division St, Corvallis, OR 97330

Why Live in Corvallis

Oregon State University shapes the cultural landscape of Corvallis, creating a dynamic college town atmosphere with over 60 miles of hiking and biking trails, 47 public parks, and a thriving downtown arts scene. The Willamette River flows through the city, providing kayaking and paddleboarding opportunities, while the McDonald-Dunn Research Forest and Bald Hill Natural Area showcase the region's natural beauty. Local favorites include Block 15 Brewing's craft beers in their historic 1926 building, Del Alma's Latin American cuisine overlooking the riverfront, and the Darkside Cinema's independent film selections.

The Corvallis housing market currently lists approximately 100 homes with prices ranging from $336,000 to $1,598,000. The median sale price sits at $563,600, with single family homes commanding a median price of $576,300. One bedroom condos have a median price of $510,000, while two bedroom condos show a median price of $415,000.

Property taxes in Benton County stand at 0.98%, slightly higher than neighboring cities like Albany at 0.91% and Salem at 0.88%. Oregon residents benefit from no state sales tax. The city's public transportation system includes fare free bus service throughout Corvallis, complemented by extensive bike lanes. Commuters can reach Portland in 1.5 hours, Eugene in 1 hour, and the Oregon Coast in 1 hour.

The education system includes highly rated public schools like Bessie Coleman Elementary and Linus Pauling Middle School, plus the prestigious private Ashbrook Independent School. Major employers beyond Oregon State University include Hewlett Packard, Good Samaritan Regional Medical Center, and various technology startups, contributing to the city's reputation as one of America's most educated communities.

Home Trends in Corvallis, OR

Housing Trends

Median Sale Price
$545,000
Median Single Family Sale Price
$560,000
Median 2 Bedroom Sale Price
$335,000
Average Price Per Sq Ft
$320
Number of Homes for Sale
59
Last 12 months Home Sales
444
Months of Supply
1.60
Median List Price
$575,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-1%
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