5514 3rd, Tillamook, OR 97141

Tillamook
Local realty services provided by:Knipe Realty ERA Powered
5514 3rd,Tillamook, OR 97141
$689,000
  • 8 Beds
  • 4 Baths
  • 3,572 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer n strohmaier, debbie s carr
Office: rob trost real estate - tillam
MLS#:26-608
Source:OR_LCBR

Price summary

  • Price:$689,000
  • Price per sq. ft.:$192.89

About this home

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.

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Home facts

  • Year built:1978
  • Listing ID #:26-608
  • Added:3 day(s) ago
  • Updated:March 15, 2026 at 08:32 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Vinyl
  • Kitchen Description:Dishwasher, Electric Range, Refrigerator
  • Basement Description:Concrete Perimeter
  • Living area:3,572 sq. ft.

Heating and cooling

  • Heating:Electric, Wall Furnace, Zoned

Structure and exterior

  • Year built:1978
  • Building area:3,572 sq. ft.
  • Lot area:0.43 Acres
  • Architectural Style:Traditional
  • Construction Materials:Wood Siding
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$689,000
  • Price per sq. ft.:$192.89
  • Tax amount:$3,353 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Double Pane Windows, Vinyl Frames

Parking

  • Total parking spaces:8
  • Parking description:Off Street

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