CENTRAL NETARTS OPPORTUNITY: creekfront .42 acres zoned commercial & enjoying view of the ocean from South end. Mostly flat except the creek bank. Multiple lots included. 8 cottages in varying states of disrepair. Tear down & build new or fix them up to rent. Just 100 yds from the beach. Priced for quick sale. Only 1 unit currently occupied and 1 unit in process of eviction. Most are not in condition to occupy but probably 4 could be made rentable with minor work. Also this property consists of 5 "lots of record" so it is possible to divide it up and sell individual parcels.
Sold
$480,000
1240 5th St, Tillamook, OR 97141
8beds
3,550sqft
Multi Family
Built in 1930
-- sqft lot
$473,700 Zestimate®
$135/sqft
$1,366 Estimated rent
Home value
$473,700
Estimated sales range
Not available
$1,366/mo
Zestimate® history
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$2,783/mo
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View of the ocean
Zillow last checked:
Listing updated:
Listed by:
Pamela Zielinski 503-880-8034,
Berkshire Hathaway HomeServices NW Real Estate
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 151254129
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: None
Interior area
- Total structure area: 3,550
- Total interior livable area: 3,550 sqft
Property
Parking
- Total spaces: 20
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 1
- Has view: Yes
- View description: Bay, Creek/Stream, Ocean
- Has water view: Yes
- Water view: Bay,Creek/Stream,Ocean
- Waterfront features: Creek
- Body of water: Hodgdon Creek
Lot
- Size: 0.42 Acres
- Features: Level, Ocean Beach One Quarter Mile Or Less, SqFt 15000 to 19999
Details
- Parcel number: 184106
- Zoning: NT C1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: None, Slab
- Roof: Shingle
Condition
- Fixer
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Tillamook
- Subdivision: Central Netarts
Other
Other facts
- Listing terms: Cash,Rehab
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2025 | Sold | $480,000$135/sqft |
Source:  RMLS (OR) #151254129 Report a problem | ||
| 2/1/2025 | Pending sale | $480,000$135/sqft |
Source: RMLS (OR) #151254129 Report a problem | ||
| 1/20/2025 | Listed for sale | $480,000$135/sqft |
Source: RMLS (OR) #151254129 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97141
Nearby schools
GreatSchools rating
- NALiberty Elementary SchoolGrades: K-1Distance: 5.1 mi
- 6/10Tillamook Junior High SchoolGrades: 7-8Distance: 6.4 mi
- 6/10Tillamook High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Liberty
- Middle: Tillamook
- High: Tillamook
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Tillamook County
- Tillamook
- 97141
- 1240 5th St
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