Adjacent 4-Plex Investment
1110/1120 Meadow Avenue Tillamook, OR 97141
1110/1120 Meadow Avenue, Tillamook, OR, 97141
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For Sale
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Two fully occupied four-plexes on adjacent lots are sold together, with individually metered utilities and a detached shop.
Property Size8,198 SF
Lot Size1.13 Acres
Price / SF$152.48
Days on Market176
Property Features for 1110/1120 Meadow Avenue
General Information
- Standard status
- Active
- Size
- 8,198 SF
- Lot size
- 1.13 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing agency
Rob Trost Real Estate, LLC
(503) 842-9090
Listed by
Dusty Trost · License #OR
Source
Crexi
Added: Jan 27 Updated: Jul 20 at 7:16PM Checked: Jul 21 at 10:54AM
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 offering includes two well-maintained four-plexes sold together as a package on adjacent tax lots. The property features a total of seven one-level 2BD/1BA units and one larger 3BD/2BA unit, with the primary suite upstairs and a deck. Each unit is separately metered and served by public water and sewer, supporting independent utility billing.
The site includes a detached 1,153 square foot three-bay shop and paved parking. Property improvements noted include solid roofs, siding, paint, and vinyl windows, along with ample on-site parking. The remarks also describe a private, wooded setting backing East Elementary, contributing to the property’s “end-of-the-road” feel.
The combined configuration provides a mix of unit sizes within a consistent four-plex structure, alongside practical accessory space in the detached shop.
The site includes a detached 1,153 square foot three-bay shop and paved parking. Property improvements noted include solid roofs, siding, paint, and vinyl windows, along with ample on-site parking. The remarks also describe a private, wooded setting backing East Elementary, contributing to the property’s “end-of-the-road” feel.
The combined configuration provides a mix of unit sizes within a consistent four-plex structure, alongside practical accessory space in the detached shop.
Key Highlights
- Two 4‑plexes on adjacent tax lots sold together as a package, totaling 1.13 acres
- Fully occupied with long‑term tenants; 7 one‑level 2BD/1BA units plus 1 larger 3BD/2BA unit with primary suite upstairs and deck
- Each unit is separately metered and served by public water and sewer
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Two fully occupied four-plexes on adjacent lots are sold together, with individually metered utilities and a detached shop.
Where is this quadplex located?
The property is located at 1110/1120 Meadow Avenue Tillamook, OR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two 4‑plexes on adjacent tax lots sold together as a package, totaling 1.13 acres; Fully occupied with long‑term tenants; 7 one‑level 2BD/1BA units plus 1 larger 3BD/2BA unit with primary suite upstairs and deck; Each unit is separately metered and served by public water and sewer