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39-Unit Apartment Building Near University
New
For Sale
$6,850,000

1010 NW Fillmore Av, Corvallis, OR 97330

Unit mix includes two-bedroom homes and a studio, with RS-9 medium-density residential zoning.

Property Size35,910 SF
Days on Market3

Property Features for 1010 NW Fillmore Av

General Information

Standard status Active
Size 35,910 SF
Property subtype Multi Family
Zoning RS-9

Units

Unit Mix 38 x 2BR/1BA, 1 x Studio
Multifamily Units 39

Taxes and HOA fees

Annual Taxes $51,883

Building Details

Building Size 35,910 SF
Year Built 1960
Buildings 1
Listing Agency: INVESTMENT REALTY, INC.
Listed By: GARY SMITH
Source: Tripleoaksrealty
Added: Sep 15 Changed: Sep 16 Last Checked: Sep 16 at 11:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of INVESTMENT REALTY, INC.

Investment Insights

Based on property information with market context.

This 39-unit apartment property offers a defined residential mix of 38 two-bedroom, one-bath apartments and one studio. Originally constructed in 1960, the building has received multiple improvements, including a roof replacement completed in 2024.

The property is within walking distance of Oregon State University and provides onsite parking. It is located at 1010 NW Fillmore Av in Corvallis and carries RS-9 zoning, identified as Medium Density Residential.

Key Highlights

  • 39 apartments: 38 two‑bedroom, one‑bath units plus 1 studio
  • New roof completed in 2024
  • Within walking distance of Oregon State University

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Catering Service (Bike/Boat/Book/etc) Store HVAC Service Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

39
Residential units

Location Intelligence

Trade Area within ½ mile

1,743
Businesses Nearby

Demographics for 97330, OR

43,947
Population
19,957
Households
2.2
Avg Household Size
33
Median Age
60%
College-Educated
96%
High-School Grad
78.0 sq mi
ZIP Area
563
Density / Sq Mi
$69,127
Median Household Income
$28,966
Median Earnings
$1,339
Median Rent
$495,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Unit mix includes two-bedroom homes and a studio, with RS-9 medium-density residential zoning.
Where is this apartment building located?
The property is located at 1010 NW Fillmore Av Corvallis, OR.
What is the asking price?
The asking price for this property is $6,850,000.
What are key features of this property?
This property features: 39 apartments: 38 two‑bedroom, one‑bath units plus 1 studio; New roof completed in 2024; Within walking distance of Oregon State University
More about this property
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