Residential Subdivision with Income
For Sale
$1,275,000
Pending
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
Days on Market3433
Property Features for 2020 Southwest 53rd Street
General Information
Standard status
Pending
Size
228,254 SF
Lot size
5.24 Acres
Property subtype
Land / Multi Family
Zoning
RS-6
Taxes and HOA fees
Annual Taxes
$6,248
Building Details
Year Built
1945
Listing Agency:
Investment Realty
Listed By:
Gary Smith · License #880800059
(541) 752-4749
Source:
Compass
Added: May 4, 2017
Changed: Sep 2
Last Checked: Sep 26 at 11:30AM
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
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Current Use
Location Intelligence
Trade Area within ½ mile
276
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
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Market
Vacancy Rate% for Multifamily in West region
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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 $1,275,000.
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.
