1250 SW E AVE

Corvallis, 97333

  • 6 Bed

  • 3 Bath

  • 8652 SqFt

  • 4 DOM

  • Built: 1980

  • Status: Pending

$1,575,000

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1250 SW E AVE

Corvallis 97333

Pending
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$1575000

  • 6 Bed

  • 3 Bath

  • 8652 SqFt

  • 4 DOM

  • Built: 1980

  • Status: Pending

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

1250 SW E Av. Corvallis, OR 97330 is located approximately 1 mile from the center of Oregon State University; .08 miles from Reser Stadium; 5 miles to Goss Stadium. Built in 1980, the property is comprised of the following residential units:One - 3 Bedroom/1 Bathroom UnitFive - 2 Bedroom/1 Bathroom UnitsTwo - 1 Bedroom/1 Bathroom Units1250 SW E St, Corvallis, OR 97330 is being offered as a turn-key investment opportunity. All units are currently under lease with potential increase in cash flow by capitalizing on annual rental increases.The property has an on-site laundry facility on the basement level that is under-utilized with two coin operated washer/dryer units.The property features on-site parking for convenience and landscaped lawn areas. Units also feature balcony space for outdoor use at each level.Tenants pay electric, as each unit is separately metered. Common-area meters include laundry space and outdoor lighting. Water is provided on a single meter to the property and could be prorated back to tenants on new lease structures.Recent Appraisal on file with Listing Broker at List Price.==========================================================Rare find! Just blocks from OSU, this fully occupied 8-unit apartment building is a solid investment opportunity in a highly desirable rental area. With a proven rental history and consistent demand from students and professionals, this property offers reliable income in a stable college-town market. Units are all-electric, featuring individual 50-gallon water heaters. Many units have seen recent updates, including refreshed fixtures and flooring. Shared laundry facility adds value.

Features and Utilities

  • None

  • Electricity

  • Ceiling, FloorFurnace, WallHeater

  • PublicSewer

  • Electricity

  • Electricity

Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

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