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Listed by Rob Trost Real Estate LLC
$ 1,250,000
Est. payment | /mo
8,198 SqFt
$ 1,250,000
Est. payment | /mo
8,198 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,198 sqft
Price per Sqft $152
MLS Listing ID 218336059
Year Built 1972
Annual Tax Amount $10,952
Tax Year 2025
Lot Size 1.130 Acres
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.
Location
State OR
County Tillamook
Area _195
Zoning TMR7.5
Rooms
Basement None
Interior
Heating Baseboard, Wall Heater
Exterior
Garage Spaces 3.0
View Trees Woods
Roof Type Composition,Shingle
Garage No
Building
Lot Description Flag Lot, Level, Private
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools East
Middle Schools Tillamook
High Schools Tillamook
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
