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Property view

903 Madrona Ave, 
Tillamook, OR 97141

$610,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Coley Trost

Bought with Non Rmls Broker

Rob Trost Real Estate LLC.

503-842-9090

MLS#

753255451

Source:

PORTLAND

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About This Home

903 Madrona Ave

Well-maintained quadplex located in the heart of Tillamook offering strong income potential. The property consists of three 2 bedroom, 1 bathroom units and one, 1 bedroom, 1 bathroom unit. The uniformity of the floor plans allows for simplified maintenance and ease of management. The layouts are highly functional, featuring large bedrooms, good sized living rooms and kitchens with dining nooks. Ample off-street parking, a dedicated on-site laundry room and a central Tillamook location near local schools and everyday amenities enhance tenant livability. The entire property has been consistently rented for years, showing steadily improving financial performance and well-documented books dating back to 2019. New siding and roof added in 2025, reducing long-term maintenance costs. This property is well positioned for long-term rental stability—Ideal for investors or owner occupants seeking a dependable income-producing asset on the Oregon Coast.

Home Facts

Multi-Family

Built in 1972

Price Summary

625,000

MLS #:

753255451

Sold:

May 4, 2026


Structure

Structure

Year Built:

1972


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$625,000

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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 United Brokers are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: May 17, 2026