Search
Fourplex with Paved Parking
For Sale
$689,000

5514 3RD ST, Tillamook, OR 97141

The property includes zoned wall-furnace heat and a crawl-space foundation.

Property Size3,572 SF
Days on Market150

Property Features for 5514 3RD ST

General Information

Standard status Active
Size 3,572 SF
Total Parking Spaces 8
Property subtype Residential Income
Zoning TM-R0
Net Operating Income $31,920

Taxes and HOA fees

Annual Taxes $3,353

Amenities

Wall Furnace, Zoned
Crawl Space
Mountain(s)
Off Street, Paved

Building Details

Building Size 3,572 SF
Year Built 1978
Stories 2
Listing Agency: Rob Trost Real Estate - Tillam
Listed By: Jennifer Strohmaier · License #201227534
Source: Evrealestate
Added: Mar 15 Changed: Aug 9 Last Checked: Aug 11 at 7:40AM

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 - Tillam

Investment Insights

Based on property information with market context.

This four-unit residential property was built in 1978 and is identified with TM-R0 zoning. Interior features include zoned wall-furnace heating and a crawl space. Exterior features include paved off-street parking and mountain surroundings.

The property is located at 5514 3rd St in Tillamook, Oregon. Access from Tillamook is described via Hwy 6, Olsen Road, and 3rd Street, with the fourplex positioned on the right along the described route.

Key Highlights

  • Fourplex with 4 residential units
  • Built in 1978
  • TM‑R0 zoning

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Grocery & Convenience Store Storage Facility Tanning Salon Food Market

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

810
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - The property includes zoned wall-furnace heat and a crawl-space foundation.
Where is this quadplex located?
The property is located at 5514 3RD ST Tillamook, OR.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Fourplex with 4 residential units; Built in 1978; TM‑R0 zoning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message