1708 4th Street, Tillamook, OR 97141

$440,000
Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 4,459 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $440,000 List Date: 2/25/2026 Last Modified: 4/15/2026

Overview

Description

INVESTMENT OPPORTUNITY! This 8-unit complex is conveniently located to grocery shopping, retail shops, the YMCA, library, great restaurants, and local hospital services. The building and individual units are in various stages of repair. Buyer to perform their own due diligence; allow for at least 48-hours for showings. Based on current income and expenses the CAP rate is 8.6% approx.

Listing Details MLS# TC-22558

Listing Information

Listing Association Name
Tillamook County BOR
Property Sub Type
Multi Family

Status Change Information

Price Change Timestamp
2026-04-13T02:47:43Z
Status Change Timestamp
2026-02-25
Back on Market Date
2026-02-25

Address

Street Number
1708
Street Name
4th
Street Suffix
Street
County
Tillamook
State
OR
Postal Code
97141
Directions
From Main Ave turn west on 3rd, turn south on Stillwell Ave, then west on 4th. Property is between Tony Veltri Insurance and the Senior Citizens Center.
Cross Street
Stillwell Street
Parcel Number
AD11600

Contract

Begin Date
2025-10-02
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
Permissible for Vacation Rental
No

Tax Legal

Subdivision Name
Tide Lots
Tax Annual Amount
2075
Tax Year
2024
Zoning
R-M Residential, Multifamily
Tax Lot
1S102
Tax Map Number
5AD11600

AssociationCommunity

Number of Units
8

More Information

Interior

Bedrooms Total
8
Bathrooms Total
8
Bathrooms Full
8
Above Grade Finished Area
4459
Living Area
4459
Main Floor Living
Yes
Basement YN
No

Building

Year Built
1945
Accessibility Features YN
No

Lot

Lot Size Acres
0.13
Lot Size Square Feet
5662.8
Water Body Access YN
No

Remarks

Tillamook Public Historical Details
Parking per Unit: 0, Unit 7: Unit Number: 7,Bedroom: 1,Bethroom: 1,Unit Actual Rent: 575, Unit 8: Unit Number: 8,Bedroom: 1,Bethroom: 1,Unit Actual Rent: 750

Income and Expenses

Cap Rate
8.6

Unit Five

Unit Number
5
Actual Rent
675
Living Area
0

Unit Four

Unit Number
4
Actual Rent
675
Living Area
0

Unit One

Unit Number
Yes
Actual Rent
575
Living Area
0

Unit Six

Unit Number
6
Actual Rent
575
Living Area
0

Unit Three

Unit Number
3
Actual Rent
675
Living Area
0

Unit Two

Unit Number
2
Actual Rent
795
Living Area
0

Additional Tax and Location Information

Highway 101
West Side

Historical Details

Historical MLS Number
25-537

Tax & Legal

CC&R's
No

Association/Community

Senior Community YN
No

Utilities

Cable Available
Yes
Electricity Available
Yes
Separate Meters
Yes
Sewer Connected
Yes

Appliances

Electric Range
Yes
Refrigerator
Yes

Architectural Style

Contemporary
Yes

Community Features

Sidewalks
Yes

Construction Materials

Frame
Yes

Cooling

None
Yes

Flooring

Carpet
Yes
Laminate
Yes

Foundation Details

Block
Yes

Heating

Electric
Yes

Levels

Two
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Level
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Sewer

Public Sewer
Yes

Showing Considerations

Occupied
Yes

Special Listing Conditions

Standard
Yes

View

None
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes

Documents

Lead Based Paint Disclosure
Yes

Property Features

Utilities: Cable Available; Electricity Available; Separate Meters; Sewer Connected; Cable Available; Electricity Available; Separate Meters; Sewer Connected Appliances: Electric Range; Refrigerator Architectural Style: Contemporary Community Features: Sidewalks Construction Materials: Frame Cooling: None Flooring: Carpet; Laminate Foundation Details: Block Heating: Electric Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Level Possession: Close Of Escrow Road Surface Type: Paved Roof: Composition Sewer: Public Sewer Special Listing Conditions: Standard View: None Water Source: Public Showing Considerations: Occupied Showing Requirements: Appointment Only Documents: Lead Based Paint Disclosure
Listing Office: Pete Anderson Realty - Tillamook
Source MLS Verified
Office Email: partillamook@gmail.com
Last Updated: April - 15 - 2026
Information deemed reliable but not guaranteed.