13-Unit Apartment
For Sale
Contact for pricing
753 NW Monroe Ave, Corvallis, OR 97330
Monroe Court Apartments is a 13-unit complex with five studios and eight one-bedrooms near Oregon State University.
Property SizeContact for details
Days on Market132
Property Features for 753 NW Monroe Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
13
Listing Agency:
Marcus & Millichap - Portland
Listed By:
Joshua Reynolds · License #OR 201237753
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 5:43PM
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 Marcus & Millichap - Portland
Investment Insights
Based on property information with market context.
Monroe Court Apartments is a 13-unit apartment complex featuring five studio apartments and eight one-bedroom units. The units are described as light and airy with plenty of windows.
The property is located on the corner of Northwest Monroe Avenue and Northwest 8th Street in Corvallis, Oregon. The complex is across the street from Central Park and within a short walk to Oregon State University Campus, with a reported 89/100 walk score and a variety of parks, grocery stores, restaurants and bars within a half-mile.
As described by the listing, current rents are trailing the surrounding market by over 20 percent. The seller is also offering owner financing at $450k down, for 10 years at a 4% interest rate. Please contact the listing broker for additional details.
The property is located on the corner of Northwest Monroe Avenue and Northwest 8th Street in Corvallis, Oregon. The complex is across the street from Central Park and within a short walk to Oregon State University Campus, with a reported 89/100 walk score and a variety of parks, grocery stores, restaurants and bars within a half-mile.
As described by the listing, current rents are trailing the surrounding market by over 20 percent. The seller is also offering owner financing at $450k down, for 10 years at a 4% interest rate. Please contact the listing broker for additional details.
Key Highlights
- 13‑unit apartment complex on the corner of Northwest Monroe Avenue and Northwest 8th Street
- Unit mix includes five studios and eight one‑bedrooms (13 total units)
- Located across the street from Central Park and within a short walk to Oregon State University
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
2,404
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Monroe Court Apartments is a 13-unit complex with five studios and eight one-bedrooms near Oregon State University.
Where is this apartment building located?
The property is located at 753 NW Monroe Ave Corvallis, OR.
What are key features of this property?
This property features: 13‑unit apartment complex on the corner of Northwest Monroe Avenue and Northwest 8th Street; Unit mix includes five studios and eight one‑bedrooms (13 total units); Located across the street from Central Park and within a short walk to Oregon State University
