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Two-Quadplex Residential Income Package
For Sale
$1,100,000

1110/1120 MEADOW Ave, Tillamook, OR 97141

MultiFamily, Tillamook, OR

Property Size8,198 SF
Lot Size1.13 Acres
Price / SF$134.18
Days on Market347

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 7, Bathroom 8, Bedroom 4, Bedroom 6, Bedroom 14, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 7, Bathroom 4, Bathroom 5, Bathroom 9, Bathroom 1, Bedroom 10, Bedroom 17, Bedroom 8, Bedroom 11, Bedroom 15, Bathroom 6, Bedroom 9, Bedroom 13, Bathroom 3, Bedroom 16, Bathroom 2, Bedroom 3, Bedroom 12
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 Composition, Shingle
Listing Agency: Rob Trost Real Estate LLC
Listed By: Dustin Trost · License #200602344
Added: Oct 6, 2025 Changed: Sep 13 Last Checked: Sep 17 at 7:06AM
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.

This residential income property combines two 4-plexes on adjacent tax lots totaling 1.13 acres in Tillamook. The 8,198-square-foot offering includes seven one-level 2BD/1BA units and one 3BD/2BA unit arranged with two bedrooms and one bathroom on the main level, plus an upstairs primary suite and deck. All units are separately metered and currently occupied by long-term tenants.

A detached 1,153-square-foot, three-bay shop adds utility beyond the residential buildings. The property also provides paved parking, public water and sewer, baseboard heating, shingle and composition roofing, siding, paint, and vinyl windows. Built in 1972, the property is zoned TMR7.5 and sits at the end of Meadow Ave, backing East Elementary in a wooded setting.

Key Highlights

  • Two 4‑plexes sold together on adjacent tax lots totaling 1.13 acres
  • 8,198 square feet with 8 residential units
  • Seven 2BD/1BA units plus one 3BD/2BA unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Restaurant Bakery Auto Repair Shop

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Eight separately metered units share public water and sewer, with a detached shop and paved parking.
Where is this quadplex located?
The property is located at 1110/1120 MEADOW Ave Tillamook, OR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two 4‑plexes sold together on adjacent tax lots totaling 1.13 acres; 8,198 square feet with 8 residential units; Seven 2BD/1BA units plus one 3BD/2BA unit
More about this property
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