5514 3RD ST, Tillamook, OR 97141

  • $689,000

Overview

  • 3572 Sqft
    Property Size
  • 1978
    Year Built
  • MultiFamily
    Property Type
  • 677123962
    MLS#
  • 0.43 Acres
    Land Area
  • Rob Trost Real Estate LLC
    Office Name
  • Jennifer Strohmaier
    Agent Name

Description

Investment Opportunity! This well-located 4-plex sits on a generous .43-acre parcel and is the last property before the grange, offering a convenient setting with open views. The property is fully occupied with long-term tenants and presents excellent upside potential as current rents remain below market rates. Each unit is separately metered and served by septic and public water, helping keep monthly utility expenses low and management simple. Tenants enjoy private decks with views of the surrounding valley and mountains, along with ample onsite parking. With a strong rental history, consistent occupancy and room to increase income over time, this property represents a solid investment with promising future potential.

Details

Updated on March 15, 2026 at 7:13 pm
  • MLS# 677123962
  • Price $689,000
  • Property Size 3572 Sqft
  • Land Area 0.43 Acres
  • Garage Size x x
  • Year Built 1978
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Rob Trost Real Estate LLC
  • Agent Name Jennifer Strohmaier
  • Office Phone 503-842-9090

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition
  • Sewer Septic Tank, Standard Septic
  • Cooling None
  • Heating Wall Furnace, Zoned
  • County Tillamook
  • Property Type MultiFamily
  • Parking Off Street, Paved
  • Elementary School South Prairie
  • Middle School Tillamook
  • High School Tillamook

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