Active

$799,999

2214 5th St, Tillamook, OR 97141

17beds

11,444sqft

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Multi Family

Built in 1935

-- sqft lot

$-- Zestimate^®

$70/sqft

$-- HOA

What's special

Rare opportunity to acquire a 13-unit multifamily investment in the heart of downtown Tillamook. This two-building property features a desirable unit mix of nine 1-bedroom and four 2-bedroom apartments with significant value-add potential through lease-up, operational improvements, and continued rent growth. Ideally located within walking distance of downtown shopping, restaurants, and major employers, with convenient access to Highway 101 and the Oregon Coast. A compelling opportunity to invest in one of Oregon's strongest coastal workforce housing markets.

8 days

335

20

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 13
Full bathrooms: 13

Appliances

Included: Electric Water Heater

Interior area

Total structure area: 11,444
Total interior livable area: 11,444 sqft

Property

Features

Stories: 3

Lot

Size: 0.25 Acres
Features: SqFt 10000 to 14999

Details

Parcel number: 107119
Zoning: TM CC

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

T111 Siding
Roof: Composition

Condition

Existing
Year built: 1935

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Tillamook

Financial & listing details

Price per square foot: $70/sqft
Annual tax amount: $4,025
Date on market: 6/30/2026
Listing terms: Cash,Conventional
Total actual rent: 7665
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

$998/mo

Price history

Date	Event	Price
7/1/2026	Listed for sale	$799,999$70/sqft
Source: RMLS (OR) #533838263 Report a problem
3/26/2026	Listed for rent	$795
Source: Zillow Rentals Report a problem
3/26/2026	Listing removed	$795
Source: Zillow Rentals Report a problem
2/6/2026	Listed for rent	$795
Source: Zillow Rentals Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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