$4,900,000

1230 NW 23rd St Corvallis, OR 97330

Northwest Corvallis Neighborhood

Estimated payment $27,529/month

Total Views 5,136
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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 spaces, a laundry room, and bike storage. Each unit has a private balcony or patio.

Listing Agent

Ian Crist

Bridge Creek Realty License #201220465 Listed on: 10/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,970

Year Built

  • Built in 1983

Lot Details

  • 0.36 Acre Lot

Home Design

  • Wood Composite

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Schools

  • Linus Pauling Middle School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 090930

Community Details

Overview

  • 23 Units

Building Details

  • Operating Expense $125,534
  • Gross Income $410,820
  • Net Operating Income $278,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,970

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1983
  • Property Attached Yn: No
  • Current Price For Status: 4900000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: WoodComposite
  • Lot Size: 15,000 to 19,999 SqFt
  • View: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Middle Or Junior School: Linus Pauling

Lot Info

  • Zoning: R-20
  • Lot Size Acres: 0.36
  • Lot Size Sq Ft: 15681.0
  • Parcel #: 090930

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 21969.79

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 23
  • Gross Rent Multiplier: 11.93
  • Annual Gross Income: 410820.0
  • Property Net Operating Income: 278696.0
  • Annual Operating Expense: 125534.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 For Sale $4,900,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 538338110

Regional Multiple Listing Service (RMLS)

APN: 11527DC05100

Oregon Benton County Corvallis 97330 Northwest Corvallis

1230 NW 23rd St, Corvallis, OR

For Sale

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Ian Crist
Listing Agent
Ian Crist
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Bridge Creek Realty
(458) 236-5345