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1240 5th Street Loop, 
Tillamook, OR 97141

$480,000

—

Bed

—

Bath

3,550

Sq Ft

Multi-Family

Virtual Tour

Pending

Listed by

Pamela Zielinski

Berkshire Hathaway HomeServices Nw Real Estate

503-292-9393

Last updated:

April 2, 2025, 07:14 AM

MLS#

151254129

Source:

PORTLAND

About This Home

1240 5th Street Loop

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.

Home Facts

Multi-Family

Built in 1930

Price Summary

480,000

$135 per Sq. Ft.

MLS #:

151254129

Last Updated:

April 2, 2025, 07:14 AM

Added:

3 month(s) ago

Rooms & Interior

Interior

Living Area:

3,550 Sq. Ft.

Structure

Structure

Building Area:

3,550 Sq. Ft.

Year Built:

1930

Lot

Lot Size (Sq. Ft):

18,295

Finances & Disclosures

Finances

Price:

$480,000

Price per Sq. Ft:

$135 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Coast Real Estate are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: April 2, 2025

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.