622 16th St Active Save Request In-Person Tour Request Virtual Tour
Philomath,OR 97370
Key Details
Property Type Single Family Home
Sub Type Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,074 sqft
Price per Sqft $216
Subdivision Millpond Crossing
MLS Listing ID 825712
Bedrooms 4
Full Baths 2
Half Baths 1
Year Built 2020
Annual Tax Amount $4,399
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Residence
Property Description
Move-In Ready or Investor-Ready: Flexible 4-BR Opportunity! Built in 2020, thoughtful floor plan featuring open kitchen with SS appliances, walk-in pantry, and granite island flows into comfortable living spaces, while the fully fenced backyard is ready for play or relaxation. In Philomath/Corvallis, similar homes rent for $2,800–$3,200+/month, making this a smart investment with low maintenance and good demand. For buyers seeking an affordable newer home, Philomath provides small-town charm near OSU. Move-In Ready or Investor-Ready: Flexible 4-BR Opportunity! Askabout USDA RD 0% down financing. Or possible rent-to-own options.Built in 2020, this bright and welcoming home is ready for its next chapter—whether that's as a first investment property or a place to settle into small-town living. The thoughtful floor plan centers on a modern kitchen with stainless steel appliances, a walk-in pantry, and a large granite island that's perfect for cooking, gathering, or even spreading out homework. Four bedrooms provide flexibility for families, guests, or shared living arrangements, while the fully fenced, flat backyard creates space for play, gardening, or quiet evenings outdoors.For investors, this nearly new home offers strong rental potential with minimal upkeep thanks to its recent construction. In the Philomath/Corvallis area, comparable four-bedroom homes are currently renting between $2,800 and $3,200 per month, providing a path to steady income and long-term appreciation. With 25% down, a first-time investor can step into the market with confidence.For owner-occupants, this is an affordable opportunity to own a newer home in a quiet town just minutes from Oregon State University. Philomath offers a friendly community with quick access to Corvallis and a direct route to the Oregon Coast—making it an ideal spot for those who want convenience and connection without the hustle of city living.
Location
State OR
County Benton
Area 70 Benton County
Rooms
Primary Bedroom Level 2/Upper
Dining Room Area (Combination)
Interior
Hot Water Electric
Heating Electric,Zonal,Ductless/Mini-Split
Cooling Electric,Zonal,Ductless/Mini-Split
Flooring Carpet,Luxury Vinyl Plank
Fireplaces Type Living Room,Electric
Inclusions appliances currently on site
Exterior
Parking Features Attached
Garage Spaces 2.0
Fence Yes
Roof Type Composition
Garage Yes
Building
Foundation Continuous
New Construction No
Schools
Middle Schools Philomath
High Schools Philomath
Others
Senior Community No
Acceptable Financing Federal VA,Cash,ODVA,FHA,Conventional,USDA,Other (Refer to Pvt Rmks)
Listing Terms Federal VA,Cash,ODVA,FHA,Conventional,USDA,Other (Refer to Pvt Rmks)
Virtual Tour https://listings.hdopenhouse.com/622-S-16th-St-Philomath-OR-97370-USA-fzu0?mls=