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Apartment Building with Two Adjacent 4-Plexes
For Sale
$1,250,000

1110/1120 MEADOW Ave, Tillamook, OR 97141

MultiFamily, Tillamook, OR

Property Size8,198 SF
Lot Size1.13 Acres
Price / SF$152.48
Days on Market319

Property Features for 1110/1120 MEADOW Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning TMR7.5
Bedrooms 17
Bathrooms 9
Full bathrooms 9
Rooms Bedroom 8, Bedroom 7, Bedroom 12, Bathroom 7, Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 9, Bedroom 14, Bathroom 9, Bedroom 1, Bathroom 8, Bathroom 5, Bedroom 10, Bedroom 11, Bedroom 13, Bedroom 17, Bedroom 16, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 15, Bedroom 4, Bathroom 6
Elementary school East
Middle school Tillamook
High school Tillamook
Directions East on 3rd St. Right on Meadow, Follow to very end of the road. Turn right
Subdivision _195
Standard status Active
APN 106334
Size 8,198 SF
Lot size 1.13 Acres

Taxes and HOA fees

Tax Description 1S-09-29-CD-00703 and 1S-09-29-CD-00704
Tax Annual Amount 10953
Legal Description 1S-09-29-CD-00703 and 1S-09-29-CD-00704

Utilities

Heating system Baseboard

Building Details

Year built 1972
Floors in Building 2
Number of units 2
Roof type Shingle, Composition
Listing Agency: Rob Trost Real Estate LLC
Listed By: Dustin Trost · License #200602344
Added: Oct 6, 2025 Changed: Aug 19 Last Checked: Aug 20 at 9:06AM
MLS# 218336059

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two well-maintained four-plex buildings are offered together on adjacent tax lots, totaling 1.13 acres. The property is fully occupied and served by public water and sewer with each unit separately metered. The unit mix includes seven one-level 2BD/1BA units and one larger unit with 3BD/2BA configuration, including a 2BD/1BA main level with a primary suite upstairs and a deck.

The buildings were built in 1972 and feature baseboard heating. Roofing consists of shingle and composition materials. A detached 1,153 SF three-bay shop and paved parking support on-site operations.

The combined multifamily setup provides a straightforward way to own multiple residential units under one ownership structure, with separate metering and durable building improvements including roofs, siding, paint, and vinyl windows.

Key Highlights

  • Two adjacent 4‑plexes on 1.13 acres
  • 7 one‑level 2BD/1BA units plus one larger 3BD/2BA unit with deck
  • Each unit separately metered; served by public water and sewer

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Restaurant Building Supply Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby

Demographics for 97141, OR

13,951
Population
6,367
Households
2.2
Avg Household Size
43
Median Age
22%
College-Educated
90%
High-School Grad
258.9 sq mi
ZIP Area
54
Density / Sq Mi
$66,081
Median Household Income
$36,587
Median Earnings
$1,127
Median Rent
$376,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Zoned TMR7.5 with seven two-bedroom units and one three-bedroom unit; each separately metered with public water and sewer.
Where is this apartment building located?
The property is located at 1110/1120 MEADOW Ave Tillamook, OR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two adjacent 4‑plexes on 1.13 acres; 7 one‑level 2BD/1BA units plus one larger 3BD/2BA unit with deck; Each unit separately metered; served by public water and sewer
More about this property
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