NOT LISTED FOR SALE
15 Beds
8 Baths
6,630 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: December 30, 2025

Last sale price $1,525,000 $230 Per Sq Ft

34 Days on Market

Highlights

  • Landscaped
  • High Speed Internet
  • Carpet
  • Laundry Facilities

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

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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

10,454 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2025
Closed on
Dec 23, 2025
Sold by
Bought by
Seller's Agent
Jill Schuster
TRIPLE OAKS REALTY-CORVALLIS BRANCH
Buyer's Agent
Gary Smith
INVESTMENT REALTY, INC.
List Price
$1,575,000
Sold Price
$1,525,000
Premium/Discount to List
-$50,000
-3.17%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,059,728
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,525,000 Ticor Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,179 $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

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Map

Source: Willamette Valley MLS

MLS Number: 834973

Willamette Valley MLS

APN: 12502BC07900

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