5514 3rd St, Tillamook, OR 97141
- $689,000
- 8
- BD
- 4
- BA
- 3,572
- SqFt
- List Price
- $689,000
- MLS#
- 26-608
- Style
- Traditional
- Bedrooms
- 8
- Bathrooms
- 4
- Year Built
- 1978
Property 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.
Additional Information
- Living Area
- 3,572
- Interior Features
- Storage
- Roof
- Composition
- Foundation
- Concrete Perimeter
- Sewer
- Septic Tank
- Water
- Public
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Listing courtesy of Rob Trost Real Estate - Tillam.