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Duplex With Separate Living Unit
For Sale
$585,000

2306 3RD St, Tillamook, OR 97141

MultiFamily, Tillamook, OR

Property Size3,556 SF
Lot Size0.16 Acres
Price / SF$164.51
Days on Market86

Property Features for 2306 3RD St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning TMR0
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1
View Territorial
Elementary school Liberty
Middle school Tillamook
High school Tillamook
Directions Madrona Ave
Subdivision _195
Standard status Active
APN 108449
Size 3,556 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description SUBD NAME: THAYER'S 4TH ADD BLK NO: 31 LOT NO: 9
Tax Annual Amount 2657
Legal Description SUBD NAME: THAYER'S 4TH ADD BLK NO: 31 LOT NO: 9

Utilities

Heating system Forced Air

Building Details

Year built 1920
Floors in Building 3
Number of units 2
Roof type Composition
Listing Agency: Real Broker
Listed By: Billy Scott · License #201251823
Added: Jun 24 Changed: Sep 17 Last Checked: Sep 17 at 7:06AM
MLS# 247989779

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 3,556-square-foot duplex property, built in 1920, combines period character with updated functionality. The main residence includes a kitchen, living area, full bathroom, office, and half bath, while the upper level adds multiple bedrooms and another bathroom. A distinct lower-level unit provides its own bedroom, kitchen, living room, and bathroom, creating a separate residential setup within the building.

The property occupies 0.16 acres in Tillamook, Oregon, and carries TMR0 zoning for multifamily residential use. Forced-air heating and a composition roof are existing building features. The layout provides multiple living spaces and a combination of shared and separate residential areas under one roof.

Key Highlights

  • 3,556‑square‑foot duplex property on a 0.16‑acre lot
  • Built in 1920 with composition roofing and forced‑air heating
  • Separate lower‑level unit includes a bedroom, kitchen, living room, and bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Pharmacy Skin Care Clinic Garden Center Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

680
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
View Realmo Analytics

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?
Duplex - Two living areas support flexible residential use, with kitchens and bathrooms across the main and lower levels.
Where is this duplex located?
The property is located at 2306 3RD St Tillamook, OR.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 3,556‑square‑foot duplex property on a 0.16‑acre lot; Built in 1920 with composition roofing and forced‑air heating; Separate lower‑level unit includes a bedroom, kitchen, living room, and bathroom
More about this property
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