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Downtown Multifamily Building
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363 SW B Ave, Corvallis, OR 97333

Corner 6-unit property with four 1-bedroom units and two studio units near Oregon State University and downtown Corvallis.

Property SizeContact for details
Days on Market132

Property Features for 363 SW B Ave

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: SMI Real Estate
Listed By: Eric Swanson · License #201221479
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 6:12AM

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 SMI Real Estate

Investment Insights

Based on property information with market context.

This corner multifamily property offers six residential units, consisting of four 1-bedroom, 1-bath apartments and two studio units. The studio units are approximately 540 SF each, and the property generates gross rents of $4,925 per month, per the provided information.

The building is located in downtown Corvallis at the corner of SW B Ave and 4th, with frontage on Hwy 99W. It is described as being between Oregon State University and downtown Corvallis, and the area is noted for amenities including Safeway, Dutch Bros, and McMenamins.

With a mix of studio and 1-bedroom layouts, the property supports a compact tenant mix while maintaining a straightforward unit configuration across six separate homes.

Key Highlights

  • Corner 6‑unit multifamily property in downtown Corvallis on SW B & 4th (Hwy 99W)
  • Unit mix includes four 1 bed/1 bath units plus two studio units
  • Studios are roughly 540 SF per unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Catering Service Home Appliance Store Daycare Center Plumbing Service

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

6
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,707
Businesses Nearby

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

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 - Corner 6-unit property with four 1-bedroom units and two studio units near Oregon State University and downtown Corvallis.
Where is this apartment building located?
The property is located at 363 SW B Ave Corvallis, OR.
What are key features of this property?
This property features: Corner 6‑unit multifamily property in downtown Corvallis on SW B & 4th (Hwy 99W); Unit mix includes four 1 bed/1 bath units plus two studio units; Studios are roughly 540 SF per unit
(541) 990-3795 Call to check price and availability
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