408 Southwest Monroe Avenue, Corvallis, OR 97333

Downtown Corvallis, Benton
Building in Downtown Corvallis
1 Stories
Built in 1924
Nearby Active Listings
Welcome to 408 Southwest Monroe Avenue, a building located in Downtown Corvallis, Benton in Corvallis, OR. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1924. This is a single story building. Finally, 408 Southwest Monroe Avenue was most recently sold on Jul 7, 2003 for $2,597,290. The market value for the land that the building sits on has been listed at $166,967. In addition, improvements upon the building have an added value of $1,575,870. In total, the total market value of the property as a whole is $1,742,837. According to local assessors, the total value of the building is currently valued at $1,042,251. The building was last assessed in 2023. There are another one buildings located on the same land that 408 Southwest Monroe Avenue was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1924
Effective Year Built
1924
Building Count
3
Bedroom Count
0
Building Condition
Average
Building Quality
unknown
Construction Type
unknown
Building Style
Multifamily
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
1
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
MARYSVILLE (ORIGINAL TOWN)
Land Acres
0.23
Standard Land Use Code
Multi-family dwellings (generic, 2+)
County Land Use Code
unknown
State Land Use Code
unknown
Legal Description 1
MARYSVILLE (ORIGINAL TOWN) LOT 5-6 BLK 23
Ownership
Current Owner
BENTON INVESTMENT TRUST LLC
Current Owner's Name
BENTON INVESTMENT TRUST LLC
Previous Owner
BENTON PROPERTIES LTD
Owner Address - City
EUGENE
Owner Address - State
OR
Owner Address - ZIP Code
97401
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Corvallis School District 509J
School Tax School District
0932
Census Tract
010601
Census Block Code
1053
Census Group
1
Census Year
2020
Census - Combined Statistical Area - Area Code
440
Census - Combined Statistical Area - Area Name
Portland-Vancouver-Salem, OR-WA
Census - County FIPS
41003
Census - Full FIPS
410030106011053
Census - Metro Micro Statistical Area - Area Code
18700
Census - Metro Micro Statistical Area - Area Name
Corvallis, OR
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
4115800
Census Source
US Census Bureau
Census State FIPS
41
Census Tract Code
010601
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
4103480
School District - Unified - Name
Corvallis School District 509J
Zoning
Zoning
CB
Geography
Assessors Map Reference
11535CD
Account Number
127013
Parcel
127013
Block
23
Lot
5-6
Lot Code
unknown
Meridian
SEC 35 TWN 11S RNG 5W
Municipality
BENTON COUNTY
Latitude
44.5645
Longitude
-123.262
FIPS
41003
Mailing Carrier Code
C031
Mailing Full Street Address
977 WILLAGILLESPIE RD
Mailing House Number
977
Mailing Street Mode
RD
Mailing Street
WILLAGILLESPIE
Mailing 4-Digit Zip Code
2112
Old APN
11535CD04800
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-02-22 05:42:13
UCID Flag
C
More About The Building
In total, the building area is listed as 28,540 square feet. The building itself has 10,000 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 408 Southwest Monroe Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Downtown Corvallis area have a median price of $985. Those in the 25th percentile, have a price around $893. While those in the 75th percentile, have a price around $1,108. Typically, the buildings in this area have a median sqft of 486. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently a total of 2 studio listings. The median price for these types of listings is $860. That's $2.42 price per sqft.

  • There are currently a total of 2 one bedroom listings. The median price for these types of listings is $1,170. That's $2.08 price per sqft.

  • There are currently no two bedroom listings being advertised in the area.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
408 Southwest Monroe Avenue is located in 97333. There are 21,545 people living here. There are 8,912 households. Most of these households have an average family size of 2.85 people. According to the census, 54% are currently renting while 46% own their homes. The median age of this population is around 30.7 years old. On average, most folks in the zipcode are unmarried. About 16% of folks speak a language other than English in this area. The area's employment rate is currently around 56.1%. Speaking of employment, the median income is $48,494. Most folks will commute by car for around 18.8 minutes. Finally, we know that 14% of residents in the area have graduated with their high school degree. Additionally, 35% and 23% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Benton County, Oregon has a population of 87,455 people. Based on census records, there are 34,193 registered households. Families in this area are on average made up of 2.91 people per household. Most folks are unmarried. They are also typically around 32.6 years old. Does diversity matter to you? Right now, 14% of folks speak a language other than English here. About 43% rent while 57% purchased their homes. Right now, the community is made up of 14% of residents who have graduated with at least a high school degree. On top of that, 29% have a Bachelor's degree and 25% have a Master's degree. The employment rate is currently around 54.5%. Those employed, have a median income of $52,015. If you move here, you can expect to commute mostly by car for around 19.5 minutes.

Finally, let's take a look at the stats related to Corvallis, OR Urban Area. The urban area is home to 63,656 people. A total of 25,156 households are registered here. With average family sizes being listed at 2.85 people. About 13% of residents have graduated with a high school degree. Of the rest, 31% have their Bachelor's and 26% have their Master's degree. Folks speaking a language other than English, make up about 16% of the population. Speaking of your commute, 54.7% of people in this area are employed. The recorded median income is currently at $45,515 per year. The median population age has been listed at 28.3 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 53% of the population while homeowners are at about 47% of the population.
$860
Studio Median Rent
$1,170
1BR Median Rent
-
2BR Median Rent
-
3BR Median Rent
PUBLIC TRANSIT
Philomath Connection
Downtown Transit Center Bay 1 (Under 500 ft - 3 min walk)
Philomath Connection
US 20 Commuter
Heart-to-Hub Uniter
Campus Connector
Saturday
Downtown Transit Center (Under 500 ft - 3 min walk)
LINX Transit, Linn-Benton Loop, Albany Transit System
Coast to Valley Express
99 Express
BAT Lift
Corvallis DTC - 5th St & Monroe (Under 500 ft - 3 min walk)
Benton Area Transit
Campus Connector
4th St - btwn Madison & Jefferson (Under 500 ft - 3 min walk)
LINX Transit, Linn-Benton Loop, Albany Transit System
Philomath Connection
NW Monroe Avenue & NW 7th Street (Central Park) (740 ft - 3 min walk)
Philomath Connection

Nearby Schools

(within attendance boundary)
Garfield Elementary School  •  1.33 mi
1205 Nw Garfield Ave, Corvallis, OR 97330
Public  •  Elementary  •  Grades KG to 5
Corvallis School District 509j
1111 Nw Cleveland Ave, Corvallis, OR 97330
Public  •  Middle School  •  Grades 6 to 8
Corvallis School District 509j
Corvallis High School  •  0.82 mi
1400 Nw Buchanan Ave, Corvallis, OR 97330
Public  •  High School  •  Grades 9 to 12
Corvallis School District 509j
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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