1240 5th Street Loop, Tillamook, Or 97141

OR, Tillamook
$480,000
  • 0.42 Acre
  • MultiFamily Property Type
  • 1930 Year Built
  • Closed Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Contact To Steven Meyer
Property Description

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.

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 151254129
  • Price: $480,000
  • Year Built: 1930
  • Lot Area: 0.42 Acre
  • Roof: Shingle
  • Office Name: Berkshire Hathaway HomeServices NW Real Estate
  • Agent Name: Pamela Zielinski
  • Office Phone: 503-292-9393
  • Listing Status: Closed
Features
  • Heating System Baseboard,Wall Heater
  • Cooling System None
  • Basement None
  • Parking Open
  • Waterfront Features Creek
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Tillamook
  • City Tillamook
  • Zipcode 97141
  • Street: 5TH STREET
  • Street Number: 1240
  • Street Suffix: LOOP
  • Longitude: W124° 3' 5.3''
  • Latitude: N45° 26' 11.7''
  • Zoning: NT C1
  • Mls Area Major: _195
Neighborhood
  • Elementary School: Liberty
  • High School: Tillamook
  • Middle School: Tillamook
Additional Information
  • Water Body Name: Hodgdon Creek
  • Water Source: Public Water
  • Building Size: 3550
  • Foundation Details: Slab,None
  • Lot Features: Level,Public Road,Ocean Beach One Quarter Mile Or Less
  • Number Of Units Total: 8
  • On Market Date: 2025-01-20
  • Rent Includes: None
  • Stories: 1
Listing Information
  • Listing Term: Cash, Rehab
  • Mls Status: Sold
  • Modification Timestamp: 2025-05-27T21:00:26Z
  • Originating System Name: RMLS
  • Status Change Timestamp: 2025-05-27T14:00:26Z
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Last updated on 02/19/2026 5:19

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