1110-1120 Meadow Ave

Tillamook, OR 97141

$1,250,000
Price
—
Beds
—
Baths
8,198 Sq. Ft.
$152 / Sq. Ft.
8,198
Sq. Ft.
$152
per Sq. Ft.
an aerial view of a house with yard and green space
a view of a city
a view of an ocean and a city
a view of city and ocean
a view of a car park in front of a house
a view of a cars parked in front of a house
a view of a car in front of house
a house with trees in the background
a view of a house with a yard and sitting area
a house view with a outdoor space
a car parked in front of a house
a view of a house with backyard porch and sitting area
a view of a yard in front of house
a front view of a house with a garden
a car parked on the side of the road
a front view of a house with a yard
an aerial view of a house with a garden and swimming pool
a view of a city
an aerial view of a house with a yard
a view of city and mountain

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...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.

Property Details for 1110-1120 Meadow Avenue

Parking Features
Driveway, Paved
Zoning
TMR7.5
View
Trees Woods
Garage Spaces
3.00
Parking Total
16.00
LISTING UPDATED: 10/07/2025 10:56 PM

Property Details for 1110-1120 Meadow Avenue

StatusActive
MLS #218336059
Days on Market66
Taxes$10,953 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1972
Lot Size1.13 AC / 49,222 SF
CountyTillamook County

Location

Listing Courtesy of Rob Trost Real Estate LLC
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Building Information for 1110-1120 Meadow Avenue

Stories2Residences2Year Built1972Building Size-Lot Size1.13 AC / 49,222 SF

Payment Calculator

$7,089 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,177

Property Taxes

$913

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1110-1120 Meadow Avenue

Summary
Location and General Information
  • Country: US
  • Directions: East on 3rd St. Right on Meadow, Follow to very end of the road. Turn right
  • Road Surface: Paved
School Information
  • Elementary School: East
  • High School: Tillamook
  • Middle Or Junior School: Tillamook
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $10,952.69
  • Parcel Number: 106334
  • Parcel Number 2: 106343
  • Tax Legal Description: 1S-09-29-CD-00703 and 1S-09-29-CD-00704
Property
Lot Information
  • Acres: 1.13
  • Lot Description: Flag Lot, Level, Private
  • Lot Size Square Feet: 49222.0
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1972
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition, Shingle
Interior Features
  • Basement: None
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $100,620.00
  • Gross Rent Multiplier: $12.42
  • Investor Information: Leases, Profit Loss Statement, Tax Returns Available, Utility Records Available
  • Net Income Actual: $70,500.00
  • Operating Expense: $30,120.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 8198
Unit 1 Information
  • Unit Type 1 Baths Total: 4
  • Unit Type 1 Baths Decimal: 4.00
  • Unit Type 1 Beds Total: 8
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $4,465
  • Unit Type 1 SqFt: 3776.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 5
  • Unit Type 2 Baths Decimal: 5.00
  • Unit Type 2 Beds Total: 9
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $3,920
  • Unit Type 2 SqFt: 4422.0
  • Unit Type 2 Units Total: 1

Schools near 1110-1120 Meadow Avenue

This home is within Tillamook School District 9.
Rating
School
Type
Grades
Distance
East Elementary School
Public - 4 to 6
Tillamook Junior High School
Public - 7 to 8
Tillamook High School
Public - 9 to 12
Liberty Elementary School
Public - K to 1
Rating
School
Distance
East Elementary School
Public4 to 6

Tillamook Junior High School
Public7 to 8

Tillamook High School
Public9 to 12

Liberty Elementary School
PublicK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1110-1120 Meadow Avenue, Tillamook, OR 97141

1110-1120 Meadow Avenue is a multi-family home for sale in Tillamook, OR 97141. This property was listed for sale on October 6, 2025 by Rob Trost Real Estate LLC, it's currently listed at $1,250,000. This listing's school district is Tillamook School District 9. Nearby schools include East Elementary School, Tillamook Junior High School and Tillamook High School. 1110-1120 Meadow Avenue is a 0-bed, 0-bath, 8,198 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rob Trost Real Estate LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 10/07/2025 10:56 PM