$1,525,000
SOLD DEC 30, 2025

1250 SW E Ave Corvallis, OR 97333

Southwest Corvallis Neighborhood
15 Beds
8 Baths
6,630 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$230 Per Sq Ft

3% Below List Price

34 Days on Market

Highlights

  • Landscaped
  • Laundry Facilities
  • Carpet
  • Linus Pauling Middle School Rated A-
  • High Speed Internet

About This Home

As of December 2025

Rare find! Just blocks from OSU, this fully occupied 8-unit apartment building is a solid investment opportunity in a highly desirable rental area. With a proven rental history and consistent demand from students and professionals, this property offers reliable income in a stable college-town market. Units are all-electric, featuring individual 50-gallon water heaters. Many units have seen recent updates, including refreshed fixtures and flooring. Shared laundry facility adds value.

Last Agent to Sell the Property

Jill Schuster

TRIPLE OAKS REALTY-CORVALLIS BRANCH License #200503390 Listed on: 10/30/2025

Co-Listed By

Brent Cole

TRIPLE OAKS REALTY License #200607178

Last Buyer's Agent

Gary Smith

INVESTMENT REALTY, INC. License #880800059

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 10,454 Sq Ft Lot
  • Landscaped
  • Irregular Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 6,630 Sq Ft Home
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 8 Bathrooms

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Syndicated Remarks: Rare find! Just blocks from OSU, this fully occupied 8-unit apartment building is a solid investment opportunity in a highly desirable rental area. With a proven rental history and consistent demand from students and professionals, this property offers reliable income in a stable college-town market. Units are all-electric, featuring individual 50-gallon water heaters. Many units have seen recent updates, including refreshed fixtures and flooring. Shared laundry facility adds value.
  • Cross Street: SW 13th
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 8
  • Total Bedrooms: 15
  • Basement: Partial
  • Laundry: Laundry Center

Exterior Features

  • Exterior Color: Blue
  • Foundation: Slab
  • Landscape: Yes

Utilities

  • High Speed Comm Access: Present, Available
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.24
  • Estimated Lot Sq Ft: 10454
  • Lot Type: Irregular
  • Zoning: RS-20
  • Property Use Type: Investment
  • Geo Subdivision: OR

Multi Family

  • Unit Types: Flat
  • Number Of Units: 8
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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
12/30/2025 12/30/25 Sold $1,525,000 -3.2% $230 / Sq Ft
12/04/2025 12/04/25 Pending -- -- --
10/31/2025 10/31/25 For Sale $1,575,000 -- $238 / Sq Ft
Source: Willamette Valley MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,818 $633,660 -- --
2024 $11,818 $615,204 -- --
2023 $11,128 $597,285 $0 $0
2022 $10,803 $579,888 $0 $0
2021 $10,445 $562,998 $0 $0
2020 $10,388 $546,600 $0 $0
2019 $9,575 $530,680 $0 $0
2018 $9,626 $515,223 $0 $0
2017 $6,704 $376,615 $0 $0
2016 $6,565 $365,646 $0 $0
2015 $6,534 $354,996 $0 $0
2014 $6,366 $344,656 $0 $0
2012 -- $324,871 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Schuster

    Seller's Agent in 2025

    Jill Schuster

    TRIPLE OAKS REALTY-CORVALLIS BRANCH

    (541) 619-5427

    46 in this area

    316 Total Sales

    Jill Schuster
    Section Image
  • Brent Cole

    Seller Co-Listing Agent in 2025

    Brent Cole

    TRIPLE OAKS REALTY

    (541) 556-5093

    3 in this area

    172 Total Sales

    Brent Cole
    Section Image

  • G

    Buyer's Agent in 2025

    Gary Smith

    INVESTMENT REALTY, INC.

    (541) 760-7072

    4 in this area

    46 Total Sales

    Gary Smith
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 834973

Willamette Valley MLS

APN: 12502BC07900

Oregon Benton County Corvallis 97333 Southwest Corvallis

1250 SW E Ave, Corvallis, OR

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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