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540 NW 6th St, Corvallis, OR, 97330

2beds
1baths
1,000sqft
$725,000
$725price/sqft
$4,546/moest. monthly cost
$181,840/yrincome needed

About This Home

Unique Opportunity - .72/ac. 2 tax lots developable downtown Corvallis property. 2 bedroom, 1 bath 1000 sq. ft. apartment attached to a 2500 sq. ft warehouse/shop with high ceilings and an additional 200 sq. ft. storage shed. Expansive parking lot. Great dry storage capabilities. Zoning is RS-9 - suitable for single family, duplex, tri-plex or 4 plex, cottage clusters or townhomes. Very limited in-fill lots available. Adjacent to Linn-Benton campus, walkable to OSU, shopping & bus lines. Refer to #840898

Getting Around

87
WalkingVery Walkable
41
TransitSome Transit
100
BikeBiker's Paradise

Schools

6/10
7/10
5/10
Corvallis High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1965

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 1,000
  • Total interior livable area: 1,000 sqft

Property

Details

  • Zoning: RS-9

Features

  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 0.72 Acres
  • Features: Dimension Above

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Benton County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$144$1,728
Property Taxes $561$6,732
Electricity $176$2,119
Total$4,546$54,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$155,862/yr
40% on housing$136,380/yr
45% on housing$121,226/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.5%
4.5%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$725This listing

vs Other Active Listings

Avg $/sqft

ZIP 97330$269
Benton County$270

vs Homes Sold Last Month

Median $/sqft

ZIP 97330$304
Benton County$297

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$725,000

For Sale by Agent

AgentMICHELLE FOWLER
BrokerageTown & Country Sotheby's International Realty

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