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    409 Evergreen Ave Garibaldi, OR 97118

    Sponsored
    For Sale
    $1,100,000

    MULTI_FAMILY - Garibaldi, OR

    Lot size:
    0.17 Acres
    Days on Market:
    66
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 409 Evergreen Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    GB-R-1
    Rooms
    Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 6, Bathroom 1, Bathroom 3
    Bedrooms
    6
    APN
    23879
    Lot size
    0.17 Acres

    Building Details

    Year built
    2006
    Number of units
    2
    Roof type
    Composition

    King Realty (503) 842-5525 [email protected]

    Listing agent Dylan Landolt (503) 842-5525

    Listing date Nov 1, 2025

    MLS# 655765418 Listing URL

    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.

    Overview

    Garibaldi Duplex with Seller Financing

    This custom duplex, constructed in 2006, presents an investment opportunity in Garibaldi. The property comprises two units, each featuring three bedrooms and two and a half bathrooms. Both units are finished with custom cabinets and hardwood floors. Unit A includes a propane stove, while Unit B is equipped with a tiled tub shower and a wood stove. Each unit has a spacious master suite. A 10-inch thick dividing wall provides insulation between the units. Oversized garages accommodate boat parking. Unit B features a large Trex deck with a patio below. The fenced backyard offers a private setting. Unit A is currently rented for $1,725 per month, and Unit B is rented for $2,000 per month. The owner is responsible for sewer and water. The property is tenant-occupied, requiring advance notice for showings. Seller financing is available. The lot size is 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Auto Parts Store Storage Facility Discount Store Realty agency Spa & Massage Auto Repair Shop Hair Salon Nail Salon Electrical Service Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garibaldi
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.91301
    Latitude
    45.562739

    Nearby Similar for Sale

    • $995,000
      6,400 SF

      Garibaldi Warehouse: Prime Location

      6,400 SF Warehouse, $995,000
      903 Garibaldi Ave, Garibaldi, OR 97118
      View Details

    FAQs

    What type of property is this?
    Duplex - Custom duplex in Garibaldi with luxurious finishes and rental income.
    Where is this duplex located?
    The property is located at 409 Evergreen Ave Garibaldi, OR.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Seller financing available.; - Duplex built in 2006 with two 3 bed, 2.5 bath units.; - Income-generating property: Unit A rents for $1,725/month, Unit B rents for $2,000/month.
    (503) 842-5525
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    409 Evergreen Ave Garibaldi, OR 97118
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