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2214 5th St, Tillamook, OR 97141

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For Sale

$850,000

11,444 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $74.27
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Investor Opportunity! New owner can set the rents. Currently 8 of the 13 units at the property are renovated and vacant, 4 of the units are rented at $714/month each and one unit is in need of repair. A new owner could achieve a 10% cap rate by just filling the renovated units, no extra work needed. The exterior has new paint, gutters and siding. The renovated interiors have new LVP floors, paint, windows and cabinets. Don't miss this opportunity to purchase at $72,307/unit.
MLS# 24285468

Courtesy Of Realty NET

(503) 300-6330

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Heating System
    Baseboard
  • Lot Size
    0.25 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 2214 5th St, Tillamook, OR 97141
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Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 429-4300
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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