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Oceanfront Short-Term Rental Townhomes
For Sale
Contact for pricing
Pending

5450 South Ave NW, Tillamook, OR 97141

Permitted short-term lodging with remodeled interiors, ocean views, and dedicated guest amenities.

Property SizeContact for details
Lot Size0.91 Acres
Days on Market142

Property Features for 5450 South Ave NW

General Information

Standard status Pending
Lot size 0.91 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 3

Amenities

hot tubs
view decks
beach access
Listing Agency: Berkshire Hathaway HomeServices Northwest Real Estate Netarts
Listed By: Pam Zielinski · License #OR
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:46AM

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 Berkshire Hathaway HomeServices Northwest Real Estate Netarts

Investment Insights

Based on property information with market context.

The property includes three permitted short-term rental townhomes on 0.91 acres of oceanfront land, with potential to divide the site into multiple lots. The accommodations provide 11 bedrooms, lofts, a two-room office, 9.5 remodeled bathrooms, three full quartz kitchens, two wet bars, vaulted ceilings, view decks, and two hot tubs. A newer roof serves the residential improvements, while a 1,200-square-foot shop adds two double garage-sized doors and a multipurpose room. Abundant parking supports guest use, and the property currently operates on Airbnb with three short-term rental licenses and sleeping capacity for 24 guests.

Located at 5450 South Ave NW in Tillamook, Oregon, the property overlooks the ocean with views toward Three Arch Rocks, Cape Lookout, and Maxwell Mountain. A switchback trail provides access to the beach. Portland is approximately 65 miles away by driving distance, and the property sits about 300 feet above sea level.

Key Highlights

  • Three permitted short‑term rental townhomes on 0.91 acres of oceanfront land
  • 11 bedrooms plus lofts, a two‑room office, and 9.5 remodeled bathrooms
  • Three full quartz kitchens, two wet bars, vaulted ceilings, view decks, and 2 hot tubs

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Travel Agency Restaurant Real Estate Agency Hotel & Motel Bed & Breakfast

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

13
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?
Short term rental property - Permitted short-term lodging with remodeled interiors, ocean views, and dedicated guest amenities.
Where is this short term rental property located?
The property is located at 5450 South Ave NW Tillamook, OR.
What are key features of this property?
This property features: Three permitted short‑term rental townhomes on 0.91 acres of oceanfront land; 11 bedrooms plus lofts, a two‑room office, and 9.5 remodeled bathrooms; Three full quartz kitchens, two wet bars, vaulted ceilings, view decks, and 2 hot tubs
(503) 906-4903 Call to check price and availability
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