Benton County · Corvallis
Sell Your Commercial Property In Corvallis, OR
From Downtown Corvallis to Timberhill, we buy Corvallis multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Downtown Corvallis · South Corvallis · Timberhill · Philomath — Benton County, OR
Why Corvallis
Why We Buy Multifamily In Corvallis
Corvallis, OR is a Benton County city of 59,960 residents and the home of Oregon State University, per ACS 2020-2024. Renters occupy 58.3% of homes, and median gross rent is $1,391 a month. Median household income is $65,012, against $83,011 for Oregon.
Use this page to sell commercial property in Corvallis, OR with current rents, HUD FY2027 fair market rents, Benton County taxes and Oregon tenancy law.
Owners in Downtown Corvallis, South Corvallis, Timberhill and nearby Philomath can sell multifamily property in Corvallis with us off-market.
Oregon State University
Oregon State University reported a fall 2025 headcount of 38,485 students, per Oregon's Higher Education Coordinating Commission.HP's Corvallis campus
A $50 million CHIPS Act award, announced August 2024, funds HP's Corvallis expansion and an estimated 100 manufacturing jobs.Good Samaritan Regional Medical Center
Samaritan's 188-bed Corvallis flagship is the largest hospital in Benton, Lincoln and Linn counties, per Samaritan Health Services.Our Buy Box
What We Buy In Corvallis
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Corvallis Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Corvallis
Renters hold 58.3% of the 23,980 occupied homes in Corvallis, according to the ACS 2020-2024 tenure table. That equals 13,969 renter households, against 43.1% for Benton County.
Corvallis counts 8,330 homes in buildings of five or more units, or 32.5% of its housing, per ACS units in structure. In all, 53.9% of Corvallis homes date from before 1980, and the median build year is 1978, per ACS year built.
Rents and affordability in Corvallis
Corvallis renters paid a median gross rent of $1,391 a month in ACS 2020-2024, per the median gross rent table. Oregon's median is $1,525, so Corvallis runs 8.8% lower.
In Corvallis, 59.1% of renter households paid 30% or more of income on rent, per ACS rent burden data. The ACS 2020-2024 housing profile puts rental vacancy at 4.2%.
If you plan to sell commercial property in Corvallis, OR, compare your rent roll with HUD's FY2027 fair market rents for the Corvallis, OR MSA.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,365 |
| One bedroom | $1,487 |
| Two bedroom | $1,857 |
| Three bedroom | $2,571 |
| Four bedroom | $3,102 |
Property taxes in Benton County
The 2025-26 rate is $19.2194 per $1,000 in Benton County code areas 0901, 0932 and 0966. Those areas pair the City of Corvallis with Corvallis SD 509J, per Benton County Table 6a. A $2,000,000 assessed value would owe $38,438.80 a year.
Rates across the 33 code areas in Corvallis SD 509J range from $13.0427 to $20.7756 per $1,000 for 2025-26. ORS 306.815 forbids local real estate transfer taxes unless in effect on March 31, 1997.
Landlord rules in Corvallis
Oregon caps 2027 rent increases at 10%, up from 9.5% in 2026, per the Office of Economic Analysis. ORS 90.323 blocks increases in a tenancy's first year and allows one per 12 months, with 90 days' written notice.
Units with a first certificate of occupancy under 15 years old are exempt from that cap. ORS 91.225 stops Oregon cities and counties from enacting rent control. Under ORS 90.300, deposit accountings are due within 31 days after the tenancy ends.
When you sell commercial real estate in Corvallis, OR, buyers will match each tenant's last increase date to these rules.
What it means for an owner in Corvallis
Corvallis combines a $1,391 median rent, 4.2% rental vacancy and a 1978 median build year. To sell commercial property in Corvallis, OR, prepare a rent roll, your 90-day increase notices and the Benton County tax statement. Run your numbers in our cap rate calculator.
Skyline Capital Investments buys 5+ unit apartment buildings directly. To sell your apartment building in Corvallis off-market, read how we buy apartment buildings.
Good To Know
Selling In Corvallis
More about selling in Oregon →Investing in Corvallis? See apartment syndications in Corvallis →
- Before you sell commercial real estate in Corvallis, OR, list each tenant's last rent increase date.
- Corvallis has 2,005 homes in buildings of 50 or more units, per ACS 2020-2024.
- In Corvallis, 37.7% of renter households spend half or more of income on rent, per ACS 2020-2024.
Seller Guides
Your Situation, Handled — Corvallis
Learn More
Taxes & Rules For Corvallis Property
The Oregon rules that shape any deal in Corvallis: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Corvallis Seller FAQ
How do I sell commercial property in Corvallis, OR without listing it?
Skyline Capital Investments makes direct offers on 5+ unit buildings in Downtown Corvallis, South Corvallis, Timberhill and Philomath. Send a current rent roll, a trailing 12-month operating statement and your Benton County tax statement. There are no showings and no public listing.
What will buyers review if I sell commercial real estate in Corvallis, OR?
Buyers test every lease against Oregon's 10% rent increase cap for 2027 and the 90-day notice rule in ORS 90.323. They also check deposit records, since ORS 90.300 sets a 31-day accounting deadline. Owners selling commercial property in Corvallis should keep each notice on file.
What are property taxes on a $2 million apartment building in Corvallis?
Benton County code areas 0901, 0932 and 0966, covering the City of Corvallis and Corvallis SD 509J, carry a 2025-26 rate of $19.2194 per $1,000. On $2,000,000 of assessed value, that equals $38,438.80 a year. Code areas in the school district range from $13.0427 to $20.7756.
What do apartments rent for in Corvallis?
Median gross rent in Corvallis was $1,391 a month in ACS 2020-2024, just under Benton County's $1,410. HUD's FY2027 fair market rent for a two-bedroom in the Corvallis, OR MSA is $1,857. Rental vacancy in Corvallis was 4.2% in the same survey.
Can Corvallis adopt its own rent control?
No. ORS 91.225 bars Oregon cities and counties from enacting ordinances that control rents, so Corvallis landlords follow the statewide cap in ORS 90.323. That cap is 10% for 2027. Units whose first certificate of occupancy is under 15 years old are exempt from it.
What if my Corvallis building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
Do you work with Corvallis brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Corvallis, and we keep every conversation confidential.
Can I sell rental property in Corvallis with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
What do I need to sell my apartment building in Corvallis?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Have A Property In Corvallis?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
