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903 Madrona, 
Tillamook, OR 97141

$610,000


7

Beds


4

Baths


4,084

Sq Ft


Multi-Family

Sold

Listed by

Coley Trost

Rob Trost Real Estate, LLC.

503-842-9090

MLS#

26-701

Source:

OR LCBR

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About This Home

903 Madrona

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

4 Baths

7 Bedrooms

Built in 1972

Subdivision & Development:

Thayer Addition

Price Summary

625,000

$153 per Sq. Ft.

MLS #:

26-701

Sold:

May 4, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Architectural Style:

Traditional

Building Area:

4,084 Sq. Ft.

Year Built:

1972


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$625,000

Price per Sq. Ft:

$153 per Sq. Ft.

Source:OR LCBR
The information being provided by Lincoln County Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Lincoln County Mls All rights reserved. OR LCBR Member Broker: Doug Caye