242 NW 7th St $775,000

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    242 NW 7th St Corvallis, OR 97330

    • 5 Beds
    • 5 Baths
    • 4,484 sq. ft.
    • Multi-Family
    • MLS# 792560
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    Views: 27 Days On Site: 40

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    Property Details

    Description Tours

    Beautiful historic home converted into 5 five unit multi-family. Close to both downtown and OSU. Leases are currently under market. Tenants pay utilities; electric metered separately. Showings upon accepted offer. Great first time investment. Or, convert to a stunning single family dwelling (check with city first), or even a house hack where you occupy a few units and rent out the others. Taxes increased because the historic tax program expired. (Buyer to check with city about appeals process).

    • General Features
      • Property Use Type Investment, Vacant/Owner-User
      • Status Note ACTIVE
      • Type Multi- (5+)
      • Dual Living Possible
      • Tax Amount 9204
      • Cross Street Van Buren
      • County Benton
      • Year Built 1882
    • Building Features
      • Laundry Laundry Center
      • Flooring Carpet, Tile, Wood
      • Approx Total Sq Ft 4,484
      • Bonus Rooms Loft, Mudroom
      • Total Bathrooms 5
      • Total Beds 5
      • Unit 1 Baths 1
      • Unit 1 Bedrooms 1
      • Unit 2 Baths 1
      • Unit 2 Bedrooms 1
      • Unit 3 Baths 1
      • Unit 3 Bedrooms 1
      • Unit 4 Baths 1
      • Unit 4 Bedrooms 1
      • Unit 5 Baths 1
      • Unit 5 Bedrooms 1
      • Number of Units 5
    • Property Features
      • Acres 0.27
      • New Construction No
      • Water City
      • Sewer City
    • American Home Shield - Be sure with the Shield.

    Neighborhood

    97330 (Corvallis) Demographics

    33 Median Age
    558 Population Density (per sq. mile)
    67% College Educated
    $59,600 Estimated Median Income
    9,147 Estimated Total Home Owners
    8,807 Estimated Total Renters
    51% / 49% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    43,155 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $541,000 Median Sales Price
    71 Homes Sold
    98 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $775,000
        6/6/2022 6:28:11 PM Price Reduced Source: Multiple Listing Service New Value: $775,000 -3%
        5/16/2022 3:29:00 PM New in Database Source: Multiple Listing Service New Value: $799,000

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        MLS Logo Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.