For Sale11d on market
5514 3rd St
Tillamook, OR, 97141 • Fairview • Tillamook County
$689,000
$193/sqft
Down payment assistance available
8Beds
4Baths
3,572Sqft
0.43 acLot
1978Built
Property DNA
Scenic Views
Mountain(s) · Other
Traditional Style
Built 1978 · 48 years of history
None
Fairview
This home is getting attention
Listed 11 days ago · 618 views · 20 saves
Market activity
Demand and pricing signals for this listing
618 views
People checking out this listing
20 saves
Buyers have saved this home
11 days on market
Recently listed
$193/sqft
Price per square foot
About this home
Multi Family · Built 1978
Investment Opportunity! This well-located 4-plex sits on a generous .43-acre parcel and is the last property before the Grange, offering a convenient setting with open views. The property is fully occupied with long-term tenants and presents excellent upside potential as current rents remain below market rates. Each unit is separately metered and served by septic and public water, helping keep monthly utility expenses low and management simple. Tenants enjoy private decks with views of the surrounding valley and mountains, along with ample onsite parking. With a strong rental history, consistent occupancy and room to increase income over time, this property represents a solid investment with promising future potential.
Estimated monthly payment
Based on current rates
$4,330/month
Principal & Interest$3,411
Property Tax$689
Insurance$230
Down payment20% ($137,800)
3%50%
Est. 6.30% rate · 30yr fixed · $551,200 loan
Full calculator →At a glance
Key facts and listing details
TypeQuadruplex
Year Built1978
HeatingHas Heating (Unspecified Type)
Parking8 Parking spaces
Days on Zillow11 Days
Price/sqft$193
Property
Home typeMulti Family
Sub-typeQuadruplex
StyleTraditional
Year built1978
Stories2
Systems
HeatingHas Heating (Unspecified Type)
RoofComposition
ConstructionWood Siding
Water / SewerPublic / Septic Tank
Parking & Outdoor
ParkingOff Street
FencingNone
Lot0.43 Acres
Location & Tax
NeighborhoodFairview
Annual tax$3,353
Parcel1S0928BD00204
Bathrooms & Fees
Full baths4
Features & details
12 categories of property features
Interior Features
Interior
Storage
Appliances
Dryer
Dishwasher
Electric Range
Refrigerator
Washer
Flooring
Vinyl
Heating
Has Heating (Unspecified Type)
Windows
Double Pane Windows
Vinyl Frames
Exterior Features
Parking
Off Street
Construction
Wood Siding
Lot Features
Level
Views
Mountain(s)
Other
Utilities
Electricity Connected
Sewer Connected
Water Connected
Phone Available
Separate Meters
Other Equipment
None
Other Structures
None
Listing insights
Market data and value estimates
StatusFor Sale
Days on market11
Est. rent$1,764/mo
Tax rate0.60%
Price/sqft$193
On marketMar 15, 2026
PostedMar 15, 2026
MLS statusActive
MLS updatedMar 26, 2026
Tour days9
Views618
Favorites20
How are the schools in Tillamook?
3 schools rated nearby
Location
Tillamook, OR, 97141
Price history
1 event
DateEventPrice$/sqftSource
Mar 15, 2026Listed For Sale$689,000$193OCMLS
Listed For Sale$689,000
Mar 15, 2026•$193/sqft•OCMLS
Tax history
22 years of records
YearTax paidAssessed value
Mar 27, 2024$3,177$309,900
Mar 27, 2023$3,158$300,880
Mar 27, 2022$3,048$292,120
Mar 27, 2021$2,959$283,620
Mar 27, 2020$2,879$275,360
Mar 27, 2019$2,799$267,340
Mar 27, 2018$2,586$258,600
Mar 27, 2017$2,586$243,720
Mar 27, 2016$2,254$226,260
Mar 27, 2015$2,254$222,380
Mar 27, 2014$2,240$209,810
Mar 27, 2013$2,148$215,470
Mar 27, 2012$2,226$221,170
Mar 27, 2011$2,760$267,340
Mar 27, 2010$2,609$259,555
Mar 27, 2009$2,766$258,040
Mar 27, 2008$2,727$250,530
Mar 27, 2007$2,660$243,240
Mar 27, 2006$2,526$236,160
Mar 27, 2005$2,415$229,290
Mar 27, 2004$2,338$222,620
Mar 27, 2003—$216,145
Nearby homes
Neighborhood details
Local context around this listing
Tillamook, OR • Tillamook County
Nearby neighborhoods
FairviewPleasant Valley
Nearby cities
Bay CityBeaverCloverdaleGaribaldiNehalemOtisRockaway BeachTillamook
Nearby zip codes
97112971349714197143
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