1230 NW 23rd St

$4,900,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime investment opportunity awaits at The Nash Apartments, a 24-unit complex perfectly positioned just one mile from Oregon State University. Comprising two adjacent parcels at 1218 & 1230 NW 23rd St, the property offers a mix of one, two, three, and four-bedroom layouts, perfect for students. Recent exterior updates, include new siding and roof. On-site amenities include 24 off-street parking spaces, a laundry room, and bike storage. Each unit has a private balcony or patio.Prime investment opportunity awaits at The Nash Apartments, a 24-unit complex perfectly positioned just one mile from Oregon State University. Comprising two adjacent parcels at 1218 & 1230 NW 23rd St, the property offers a mix of one, two, three, and four-bedroom layouts, perfect for students. Recent exterior updates, include new siding and roof. On-site amenities include 24 off-street parking spaces, a laundry room, and bike storage. Each unit has a private balcony or patio.
  1. Listed by Ian Crist • Bridge Creek Realty

Property Details for 1230 Northwest 23rd Street

Zoning
R-20
LISTING UPDATED: 10/06/2025 04:56 PM

Property Details for 1230 Northwest 23rd Street

StatusActive
MLS #538338110
Days on Market67
Taxes$21,970 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1983
Lot Size0.36 AC / 15,681 SF
CountyBenton County

Location

Listing Courtesy of Bridge Creek Realty
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Building Information for 1230 Northwest 23rd Street

Stories-Residences23Year Built1983Building Size-Lot Size0.36 AC / 15,681 SF

Payment Calculator

$26,043 per month

30 year fixed, 6.28% Interest

Principal and Interest

$24,213

Property Taxes

$1,831

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1230 Northwest 23rd Street

Summary
Location and General Information
  • Country: US
  • Directions: 1218-1230 NW 23rd St, Corvallis OR 97330
School Information
  • Middle Or Junior School: Linus Pauling
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $21,969.79
  • Parcel Number: 090930
  • Tax Legal Description: 11S-5W-27-SE-SW
Property
Lot Information
  • Acres: 0.36
  • Lot Size Square Feet: 15681.0
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1983
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Composite
Multi Family
Multi-Family Information
  • Number Of Units Total: 23
  • Gross Income Actual: $410,820.00
  • Gross Income Projected: $462,420.00
  • Gross Rent Multiplier: $11.93
  • Investor Information: According To Owner
  • Net Income Actual: $278,696.00
  • Net Income Projected: 328809
  • Operating Expenses Projected: $130,452.00
  • Operating Expense: $125,534.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Deck, Range, Refrigerator, Trash Compactor
  • Unit Type 1 Rent: $1,050
  • Unit Type 1 SqFt: 400.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Deck, Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $1,393
  • Unit Type 2 SqFt: 775.0
  • Unit Type 2 Units Total: 21
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Baths Decimal: 1.10
  • Unit Type 3 Beds Total: 3
  • Unit Type 3 Rent: $2,295
  • Unit Type 3 SqFt: 1200.0
  • Unit Type 3 Units Total: 1

Public Records for 1230 Northwest 23rd Street

Taxable ValueLand-Additions-Total-
Tax Record2024$21,970 ($1,831 / month)
Home Facts
Total Finished SqFt13,498 SqFtAbove Grade Finished SqFt13,498 SqFtStories1Lot Size15,682 SqFtStyleMulti-Family Res (5+ Units)Year Built1983ZoningRS-20CountyBENTONAPN11527DC05100

Schools near 1230 Northwest 23rd Street

This home is within Corvallis School District 509j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Jefferson Elementary School
PublicK to 5

Linus Pauling Middle School
Public6 to 8

Corvallis High School
Public9 to 12

Franklin School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1230 Northwest 23rd Street is a multi-family home for sale in Corvallis, OR 97330. This property was listed for sale on October 6, 2025 by Bridge Creek Realty, it's currently listed at $4,900,000. This listing's school district is Corvallis School District 509j. Nearby schools include Jefferson Elementary School, Linus Pauling Middle School and Corvallis High School. 1230 Northwest 23rd Street is a 0-bed, 0-bath, multi-family home built in 1983.

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Listing Courtesy of Bridge Creek Realty

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