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Apartment Building with On-Site Amenities
For Sale
$2,600,000

804 NE 2nd St, Corvallis, OR 97330

Willamette Court offers 15 apartments with on-site laundry and an exercise room, plus off-street parking.

Property SizeContact for details
Days on Market58

Property Features for 804 NE 2nd St

General Information

Standard status Active
Property subtype Multi-Family
Zoning CBF

Additional Details

Fenced Yard Yes
Multifamily Units 15

Taxes and HOA fees

Annual Taxes $15,659

Amenities

laundry facility
exercise room
off street parking
private storage cabinet
fenced grassy yard

Building Details

Year Built 1965
Units 15
Listed By: Mendell Gosnell
Source: Centurion-res.idxbroker
Added: Jul 10 Changed: Aug 8 Last Checked: Sep 5 at 3:47AM

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 Mendell Gosnell

Investment Insights

Based on property information with market context.

Willamette Court Apartments is a 1965-built apartment building with 9 one-bedroom, one-bath units and 6 two-bedroom, one-bath units. The property includes an on-site laundry facility and exercise room, along with off-street parking and a private storage cabinet for each unit. Tenants also have access to a small fenced grassy yard for pets and outdoor use.

The property is zoned Central Business Fringe (CBF) and is located within walking distance to downtown Corvallis.

The building has many recent improvements, supporting a move-in-ready residential income setup for prospective owners.

Key Highlights

  • 15‑apartment complex built in 1965, with 9 one‑bedroom/1‑bath and 6 two‑bedroom/1‑bath units
  • On‑site laundry facility and exercise room
  • Off‑street parking plus a private storage cabinet for each unit

Property Analytics

Current Use

Willamette Court Apartments Apartment Complex

Suggested Use

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

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

15
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,814
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

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 - Willamette Court offers 15 apartments with on-site laundry and an exercise room, plus off-street parking.
Where is this apartment building located?
The property is located at 804 NE 2nd St Corvallis, OR.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 15‑apartment complex built in 1965, with 9 one‑bedroom/1‑bath and 6 two‑bedroom/1‑bath units; On‑site laundry facility and exercise room; Off‑street parking plus a private storage cabinet for each unit
More about this property
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