22-Unit Townhouse-Style Apartment
For Sale
$2,950,000
Pending
924-928 NW Sycamore Av, Corvallis, OR 97330
Three-building multifamily property with private patios, off-street parking, and a mix of original and updated rental units.
Property Size18,304 SF
Days on Market47
Property Features for 924-928 NW Sycamore Av
General Information
Standard status
Pending
Size
18,304 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
deferred maintenance
Additional Details
Asking Price
$2,950,000
Multifamily Units
22
Amenities
private patios
off-street parking
Building Details
Year Built
1977
Buildings
3
Listing Agency:
Jmg Jason Mitchell Group-Albany
(541) 619-4303
Listed By:
Matin Real Estate
(503) 208-8406
Source:
Portlandrealestate
Added: Sep 6
Changed: Oct 21
Last Checked: Oct 20 at 8:48PM
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 Jmg Jason Mitchell Group-Albany
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Investment Insights
Based on property information with market context.
This 22-unit apartment property comprises three buildings with townhouse-style floor plans, private patios, and off-street parking. Built in 1977, the 18,304-square-foot complex includes a range of unit conditions, from original interiors to partially improved and more recently updated rental-grade units. Completed improvements in select apartments include oak or hickory-style cabinetry, refreshed bathrooms, newer appliances, vinyl windows, newer doors, updated flooring, and enhanced heating systems.
The property is positioned for a renovation and stabilization program. Current conditions include deferred maintenance, vacancies, inspection-noted repair items, and rents below projected remodeled market levels. Pre-listing inspections cover all three buildings, with unit-level condition notes, floor plans, a rent roll, financials, and supporting materials available for review. The asset is located at 924-928 NW Sycamore Av in Corvallis, Oregon.
The property is positioned for a renovation and stabilization program. Current conditions include deferred maintenance, vacancies, inspection-noted repair items, and rents below projected remodeled market levels. Pre-listing inspections cover all three buildings, with unit-level condition notes, floor plans, a rent roll, financials, and supporting materials available for review. The asset is located at 924-928 NW Sycamore Av in Corvallis, Oregon.
Key Highlights
- 22 units across three apartment buildings
- 18,304 square feet; built in 1977
- Townhouse‑style floor plans with private patios
Property Analytics
Lease Details
22
Residential units
Location Intelligence
Trade Area within ½ mile
836
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
Frequently Asked Questions
What type of property is this?
Apartment building - Three-building multifamily property with private patios, off-street parking, and a mix of original and updated rental units.
Where is this apartment building located?
The property is located at 924-928 NW Sycamore Av Corvallis, OR.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 22 units across three apartment buildings; 18,304 square feet; built in 1977; Townhouse‑style floor plans with private patios
