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Duplex With Rental Income
For Sale
$375,000

2356 Northwest Lincoln Avenue, Corvallis, OR 97330

Two-unit property with one vacant residence and a second unit producing rental income near Oregon State University.

Property Size1,056 SF
Price / SF$355.11
Days on Market54

Property Features for 2356 Northwest Lincoln Avenue

General Information

Standard status Active
Size 1,056 SF
Property subtype Residential Income / Duplex

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,581

Amenities

Window Unit(s)
No
Zoned
Laminate, Vinyl
Electric Range, Refrigerator, Microwave, Electric Water Heater
Yes
Electric
2
In Unit
High Speed Internet
Deck

Building Details

Year Built 1954
Listing Agency: TOWN & COUNTRY SOTHEBY'S INTERNATIONAL REALTY
Listed By: DAWN DEGARMO · License #201213022
Source: Compass
Added: Jul 8 Changed: Aug 30 Last Checked: Aug 30 at 4:35AM

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 TOWN & COUNTRY SOTHEBY'S INTERNATIONAL REALTY

Investment Insights

Based on property information with market context.

This 1,056-square-foot duplex, built in 1954, includes two residential units with a split occupancy profile: one side is vacant and move-in ready, while the other is generating rental income. Interior features include laminate and vinyl flooring, electric ranges, refrigerators, microwaves, electric water heaters, window units, in-unit laundry, and high-speed internet. A deck provides additional exterior space.

Located at 2356 Northwest Lincoln Avenue in Corvallis, the property is approximately 1 mile from Oregon State University. Grocery shopping is a few blocks away, and the bus line is also nearby. The configuration supports either owner occupancy with rental income from the second unit or continued use as a two-unit rental property.

Key Highlights

  • Two‑unit duplex at 2356 Northwest Lincoln Avenue
  • 1,056 SF building constructed in 1954
  • One unit is vacant and move‑in ready

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Barber Shop 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

622
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?
Duplex - Two-unit property with one vacant residence and a second unit producing rental income near Oregon State University.
Where is this duplex located?
The property is located at 2356 Northwest Lincoln Avenue Corvallis, OR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑unit duplex at 2356 Northwest Lincoln Avenue; 1,056 SF building constructed in 1954; One unit is vacant and move‑in ready
More about this property
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