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6-Unit Apartment Building

1407 NW 15th St, Corvallis, OR 97330

For Sale
$825,000

Six two-bedroom residences share an outdoor yard, with select homes updated.

Property SizeContact for details
Days on Market163

Property Features for 1407 NW 15th St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Additional Details

Public Transit Yes
Tenant in Place Yes

Amenities

shared backyard
Natural Gas
Wall Furnace
Electric Range
Metal or Aluminum

Building Details

Year Built 1942
Listing Agency: RE/MAX INTEGRITY CORVALLIS BRANCH
Listed By: TRICIA CHORAK
Source: Kw
Added: Jun 5 Changed: Nov 12 Last Checked: Nov 12 at 12:11PM

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 RE/MAX INTEGRITY CORVALLIS BRANCH

Rey
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Investment Insights

Based on property information with market context.

This 1942 apartment property contains six residences, each configured with two bedrooms and one bathroom. A shared backyard serves the units, and some apartments have received updates. Interior features include natural gas, wall furnaces, and electric ranges; the exterior is metal or aluminum. The property is being sold as-is.

Located on NW 15th Street in Corvallis, the building is near shopping, dining, and public transportation.

Key Highlights

  • Six apartments, each with 2 bedrooms and 1 bathroom
  • Shared backyard available to residents
  • Select units have been updated

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,103
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

Frequently Asked Questions

What type of property is this?
Apartment building - Six two-bedroom residences share an outdoor yard, with select homes updated.
Where is this apartment building located?
The property is located at 1407 NW 15th St Corvallis, OR.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Six apartments, each with 2 bedrooms and 1 bathroom; Shared backyard available to residents; Select units have been updated
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