426 NW 11th St. Corvallis, OR 97330 is located approximately .7 mile from the center of Oregon State University; .6 miles from Downtown Corvallis business corridor; 1.1 miles to Reser Stadium. Built in 1964, with renovations in 2020-2023, the property is comprised of the following residential units: 12 - Two Bedroom / One Bathroom Units. 2 - On site laundry facilities 12 - Personal Storage Lockers 1250 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 and upper level with four coin operated washer/dryer units. The property features on-site parking for convenience and landscaped lawn areas. 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. Currently operating with 25% vacancy rate due to recent updating of units.