$1,250,000

-1 MEADOW Ave, Tillamook, OR 97141

  • 8,198 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon1.13acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $152/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Rare Investment Opportunity! Two well-maintained 4-plexes on adjacent tax lots totaling 1.13 acres, sold together as a package. Fully occupied with long-term tenants and room for upside as rents remain below market. Each unit is separately metered and served by public water and sewer. Excellent ''end-of-the-road'' location backing East Elementary offering privacy and a wooded setting tenants love. Seven, one-level, 2BD/1BA units and one larger 3BD/2BA unit with 2BD/1BA on main level and primary suite upstairs with deck. Detached 1,153 sq ft three-bay shop, paved parking. Solid roofs, siding, paint, and vinyl windows. Ample parking. A local favorite with consistent, reliable income and strong rental history. A solid investment with terrific upside potential.

Listing Status:
Active
Date Added:
October 6, 2025 at 05:00AM
Listing Office:
Rob Trost Real Estate LLC : 503-842-9090
Listing Agent:
Dustin Trost : 503-801-2326
MLS ID:
218336059
  • Basement: None
  • Heating: BaseboardWall heater
  • General: T 111 siding
  • Parking: DrivewayPavedParking spaces: 16
  • Roofing: CompositionShingle
  • General: Concrete perimeter
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Tillamook
  • Zoning: TMR7.51S-09-29-CD-00703 and 1S-09-29-CD-00704106334
  • View: View
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Dustin Trost, Rob Trost Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

East Elementary School

3905 Alder Ln, Tillamook, OR, 97141

Grades 4-6

0.17 miles away

T

Tillamook Junior High School

3906 Alder Ln, Tillamook, OR, 97141

Grades 7-8

0.25 miles away

T

Tillamook High School

2605 12th St, Tillamook, OR, 97141

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.