Courtesy: Rob Trost Real Estate LLC
503-842-9090
Rare Investment Opportunity! Two well-maintained 4-plexes on adjacent tax lots totaling 1.13 acres, sold together as a package. Fully occupied with long-term tenants and room for upside as rents remain below market. Each unit is separately metered and served by public water and sewer. Excellent ''end-of-the-road'' location backing East Elementary offering privacy and a wooded setting tenants love. Seven, one-level, 2BD/1BA units and one larger 3BD/2BA unit with 2BD/1BA on main level and primary suite upstairs with deck. Detached 1,153 sq ft three-bay shop, paved parking. Solid roofs, siding, paint, and vinyl windows. Ample parking. A local favorite with consistent, reliable income and strong rental history. A solid investment with terrific upside potential.
Courtesy: RealtyNET, LLC
800-883-6905
Ivy Avenue Apartments is located in picturesque Tillamook, Oregon. Ivy Avenue Apartments offer a straightforward value-add proposition in a classic single-level layout. The asset is comprised of 12 units in studio, one- and two-bedroom floorplans. Four of the one-bedroom units match floorplans in other units that have been converted to two-bedroom units, allowing for an additional $75 monthly increase. A savvy investor could continue that conversion path to achieve greater rent upside during their ownership. Prospective Buyers to do their own due diligence on feasibility of conversion.Originally constructed in 1938, Ivy Avenue has received light updates over the years, but is still poised for curb appeal and interior improvements to capture tenants seeking higher-quality residential options in a town with exceptionally low vacancy and limited market-rate housing options.
Courtesy: King Realty
503-842-5525
Great investment opportunity! This is your chance to own a nice duplex, a well maintained home, and a double wide manufactured home. 3501 is the duplex built in 2003 with a total of 1860 sq ft (930' per unit). Rents are $1,200 & $1,125 per month. 3413 is an older home built in 1930, updated to the 70's with 1966 sq ft and 4 bdrms, 2 baths. Rent is $1050. The back unit, 3417 Maple is a 1999 manufactured home w/ 2 bdrm, 2 bath and is a separate parcel w/ driveway access between the two units
Tillamook is located in Oregon. Tillamook, Oregon has a population of 5,183. Tillamook is more family-centric than the surrounding county with 22.09% of the households containing married families with children. The county average for households married with children is 20.38%.
The median household income in Tillamook, Oregon is $48,117. The median household income for the surrounding county is $55,730 compared to the national median of $69,021. The median age of people living in Tillamook is 36.6 years.
The average high temperature in July is 68.8 degrees, with an average low temperature in January of 38.6 degrees. The average rainfall is approximately 94.3 inches per year, with 0.9 inches of snow per year.
