NOT LISTED FOR SALE
4 Beds
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold March 04, 2022

Last sale price $485,000

7 Days on Market

About This Home

As of March 2022

Three unit multi-family in the heart of Corvallis. Main floor and basement units split gas and power; upstairs apartment has separate gas and power meter. Total monthly gross rents at $2,692 ; going to $2,800 effective May 1st Market rent potential at least $3,035. Seller is out of the state and will not make repairs. Great location, close to everything.

Last Agent to Sell the Property

Bjorn Beer

SVN - IMBRIE REALTY LLC License #201236666 Listed on: 02/07/2022

SVN - IMBRIE REALTY LLC

Last Buyer's Agent

COOPER KIKUTA

EXP REALTY, LLC License #201220649

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,690

Year Built

  • Built in 1911

Lot Details

  • 5,227

Home Design

  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Natural lighting in basement
  • 5,227 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 3 / 6

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $5,245
  • Net Operating Income $24,666

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,690

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Syndicated Remarks: Three unit multi-family in the heart of Corvallis. Main floor and basement units split gas and power; upstairs apartment has separate gas and power meter. Total monthly gross rents at $2,692 ; going to $2,800 effective May 1st Market rent potential at least $3,035. Seller is out of the state and will not make repairs. Great location, close to everything.
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement: Daylight

Utilities

  • Water: City
  • Sewer: City

Schools

  • Elementary School: Garfield
  • Middle School: Linus Pauling
  • High School: Corvallis

Lot Info

  • Acres: 0.12
  • Estimated Lot Sq Ft: 5227
  • Lot: 3
  • Price Per Acre: 4083333.33
  • Zoning: RS-9
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 5245

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 115018
  • Tax Account Number: 115018
  • Tax Amount: 3690

Multi Family

  • Net Income: 24666
  • Gross Sched Income: 33600
  • Number Of Units: 3

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
03/04/2022 03/04/22 Sold $485,000 -1.0% --
02/14/2022 02/14/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $490,000 -- --
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 788296

Willamette Valley MLS

APN: 115018