1240 5th Street Loop W Tillamook, OR 97141
Estimated payment $3,154/month
About This Home
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.
Map
Property Details
Home Type
Multi-Family
Year Built
1930
Lot Details
0
Listing Details
- Heating System: Baseboard, Electric, Wall Heater
- Unit Levels: 1 Story
- LIST135: 11
- Listing Member Name: Pam C. Zielinski
- Listing Office Short Id: 35
- Minorarea: Netarts
- Open House Office I D: 20060113214315648614000000
- Prop. Type: Multi-Family
- Street Sfx: Loop
- Building Style: Cottage
- Year Built: 1930
- Multi Family Info: Unit 1/Range/Oven, Unit 2/Range/Oven
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 1
Interior Features
- Accessibility: Entry Level Bedroom
- Floor Coverings: Carpet, See Remarks, Vinyl
- Total Bathrooms: 8.00
- Basement Type: 2+Houses
Exterior Features
- Exterior Construction: Frame
- Exterior: Wood Siding
- Foundation: None, Post & Beam, Slab
- Number of Acres: 0.42
- Roof: Composition
- Street Road: County Road, Gravel, Paved
- Topography: Level, Other
- Total Sq Ft: 3550.00
- View: Ocean View
Garage/Parking
- Garage Type: None
Utilities
- Sewer: Sewer Connected
- Utilities: Cable Available, Electricity Available, Phone Available, Water Heater-Elec
- Hot Water: Public
Condo/Co-op/Association
- Property Description: Dry Land, Located in Country, Recorded Plat Map, View
- Units in Building: 8
Fee Information
- Taxes: 5576.88
Schools
- Schools: Tillamook
Lot Info
- Zoning: NT-C1
Tax Info
- Tax Year: 2024
Multi Family
- Total Bedrooms: 10
- Parking Per Unit: 2
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/01/2025 02/01/25 | Pending | -- | -- | -- |
01/29/2025 01/29/25 | For Sale | $480,000 | 0.0% | $135 / Sq Ft |
01/26/2025 01/26/25 | Pending | -- | -- | -- |
01/20/2025 01/20/25 | For Sale | $480,000 | -- | $135 / Sq Ft |
Source: Tillamook Board of REALTORS®
MLS Number: 25-21

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