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Two-Building Apartment Property
For Sale
$1,100,000

1110-1120 Meadow Avenue, Tillamook, OR 97141

Multi-unit rental asset with separate metering, public utilities, paved parking, and an accessory three-bay shop.

Property Size8,198 SF
Lot Size1.13 Acres
Price / SF$134.18
Days on Market337

Property Features for 1110-1120 Meadow Avenue

General Information

Standard status Active
Size 8,198 SF
Total Parking Spaces 16
Lot size 1.13 Acres
Property subtype Residential Income
Zoning TMR7.5
Occupancy 100%

Units

Unit Mix 7 x 2BD/1BA, 1 x 3BD/2BA
Multifamily Units 8

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $10,953

Amenities

9, 9
Cable
No
Yes
2
17
Concrete Perimeter
Composition, Shingle
Lighting
T111Siding
Frame

Building Details

Year Built 1972
Listing Agency: Rob Trost Real Estate LLC
Listed By: Dustin Trost · License #200602344
Source: Compass
Added: Oct 4, 2025 Changed: Sep 3 Last Checked: Sep 4 at 4:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rob Trost Real Estate LLC

Investment Insights

Based on property information with market context.

This apartment property includes two fourplex buildings on adjacent tax lots totaling 1.13 acres, with 8,198 square feet of property size. The unit mix comprises seven one-level 2BD/1BA apartments and one larger 3BD/2BA unit featuring a 2BD/1BA main level, an upstairs primary suite, and a deck. Units are separately metered and connected to public water and sewer. The improvements date to 1972 and include composition shingle roofing, T111 siding, vinyl windows, and painted surfaces.

A detached 1,153-square-foot, three-bay shop adds functional support space, while paved and additional on-site parking serve the buildings. The property is situated at the end of Meadow Avenue, backs East Elementary, and has a wooded setting. All units are occupied by long-term tenants. Zoning is TMR7.5.

Key Highlights

  • Two adjacent tax lots totaling 1.13 acres with 8,198 square feet of property size
  • Eight apartments: seven 2BD/1BA units and one 3BD/2BA unit
  • Detached 1,153 sq ft shop with three bays

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
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-unit rental asset with separate metering, public utilities, paved parking, and an accessory three-bay shop.
Where is this apartment building located?
The property is located at 1110-1120 Meadow Avenue Tillamook, 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: Two adjacent tax lots totaling 1.13 acres with 8,198 square feet of property size; Eight apartments: seven 2BD/1BA units and one 3BD/2BA unit; Detached 1,153 sq ft shop with three bays
More about this property
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