5514 3rd Street, Tillamook, OR 97141
- Beds
- 8
- Baths
- 4
- Sqft
- 3,572
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Number of bedrooms
- 8
- Number of bathrooms
- 4
- Square feet
- 3,572
- Lot size (acres)
- 0.43
- Year built
- 1978
Utilities
- Heating
- Electric, Wall furnace, Zoned
- Cooling
- None
- Sewer
- Septic tank
- Water
- Public
Taxes
- Tax Annual Amount (2025)
- $3,353.26
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Lincoln County Board of REALTORS MLS (Oregon Coast MLS) MLS®#: 26-608 Last checked: …
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