Residential Subdivision with Income
For Sale
$750,000
2020 Southwest 53rd Street, Corvallis, OR 97333
35-lot subdivision with existing rental income and residential dwelling.
Property Size228,254 SF
Lot Size5.24 Acres
Price / SF$3.29
Days on Market894
Property Features for 2020 Southwest 53rd Street
General Information
Standard status
Active
Size
228,254 SF
Lot size
5.24 Acres
Property subtype
Residential / Single Family Residence
Zoning
RS20 RS6
Taxes and HOA fees
Annual Taxes
$5,080
Amenities
No
Carpet, Vinyl
Dishwasher, Electric Range
2
4
Master Downstairs
Building Details
Year Built
1945
Listing Agency:
Investment Realty
(541) 752-4749
Listed By:
Gary Smith · License #880800059
(541) 752-4749
Source:
Compass
Added: Mar 1, 2024
Changed: Aug 8
Last Checked: Jul 16 at 4:31AM
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
Investment Insights
Based on property information with market context.
This property features a 35-lot subdivision, which includes a three-bedroom, two-bath house. The house has carpet, hardwood, and vinyl floor coverings. It is equipped with a baseboard electric system, an attached one-car garage, wood and aluminum frame windows, aluminum exterior siding, and a composition shingle roof. The house is currently occupied and generates a monthly rental income of $1,100.00. The property's total size is 228254 square feet.
Key Highlights
- 35‑lot subdivision included in the sale.
- Existing house with 3 bedrooms and 2 bathrooms.
- Current monthly rental income of $1,100.00.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Explore this area
Business Placement
Demographics for 97333, OR
22,941
Population
10,604
Households
2.2
Avg Household Size
31
Median Age
58%
College-Educated
97%
High-School Grad
112.0 sq mi
ZIP Area
205
Density / Sq Mi
$64,581
Median Household Income
$28,800
Median Earnings
$1,360
Median Rent
$482,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 35-lot subdivision with existing rental income and residential dwelling.
Where is this residential land & home lot located?
The property is located at 2020 Southwest 53rd Street Corvallis, OR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 35‑lot subdivision included in the sale.; Existing house with 3 bedrooms and 2 bathrooms.; Current monthly rental income of $1,100.00.
