Date
Details
Price
Change
Source
3/05/2026
Listed
$160,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Investor opportunity in Rockaway Beach! Located at 1040 NE 12th Ave, this tenant-occupied fixer offers immediate rental income and strong upside potential. Currently rented for $1,999 per month, the property provides cash flow from day one while offering a future opportunity to renovate and add value.Priced at $160,000, this is an attractive entry point for investors looking to secure property along the Oregon Coast. The home does need repairs and updating, making it a great project for buyers with vision who want to improve the property over time while maintaining rental income.Situated just minutes from the beach, local dining, and shops, the location offers convenient access to everything that makes Rockaway Beach such a popular coastal destination.
Full Property Details
Full Property Details for 1040 NE 12th Ave
General
- Price: $160,000
- Taxes: $595
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 554488047
- Updated: 3/5/2026
- Added to Site: 1 day(s) ago
Rental Information
- Rent Includes: None
Parking
- Total Spaces: 2
- Parking Features: Driveway
Location
- County: Tillamook
- Driving Directions: Hwy 101, E on 12th, N on Lake E on 12th
School Information
- Elementary School: Garibaldi
- Middle School: Neah-Kah-Nie
- High School: Neah-Kah-Nie
Community
- Community Name: 195 - Tillamook County
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,008
- Year Built: 1996
- Property Condition: Fixer
Lot Features
- Lot Size: 3, 000 to 4, 999 SqFt
- Frontage: Paved
- Lot Features: Trees
Financial Considerations
- Operating Expenses: $4,118
- Tax Amount: $595.72
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: SUBD NAME: MANHATTAN BEACH BLK NO: 13 LOT NO: 32; 33
- Disclosures/Reports: Disclosure
- Property ID: 42821
Listed by Windermere Realty Trust (503) 636-5000, Ben Droukas (503) 522-4645 and Windermere Realty Trust (503) 636-5000, Amy Walsh (408) 761-0036
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Listing agents
— 1040 NE 12th Ave —
Ben Droukas
Windermere Realty Trust
503-636-5000
Amy Walsh
Windermere Realty Trust
503-636-5000
Ben@bbrepdx.com
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 1040 NE 12th Ave
School District:Neah-Kah-Nie School District 56
| Name | Grades | Distance |
|---|---|---|
Nehalem Elementary School 36300 8th Street, Nehalem, OR 97131 | K-5 | 6.7 mi |
Neah-Kah-Nie Middle School 25111 U.S. 101, Rockaway Beach, OR 97136 | 6-8 | 0.9 mi |
Neah-Kah-Nie High School 24705 U.S. 101, Rockaway Beach, OR 97136 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1040 NE 12th Ave
Tax History
Tax History for 1040 NE 12th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$596
9%
$57,490
3%
2024
$549
100%
$55,820
27%
2023
-100%
$44,080
-14%
2021
$514
19%
$51,100
19%
2022
$431
4%
$42,800
—
2021
$413
-25%
$42,650
-11%
2019
$553
2%
$48,180
3%
2018
$541
-42%
$46,780
-46%
2017
$935
3%
$86,620
3%
2016
$907
3%
$83,790
4%
2015
$883
3%
$80,270
4%
2014
$861
3%
$76,970
5%
2013
$832
—
$73,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1040 NE 12th Ave
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- Land Residential
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- Single Family
- Active
- Updated 9 hours ago
- 2Beds
- 1Total Bath
- 800Sq. Ft.
Listed by Keller Williams Sunset Corridor, Megan Despain
- Lots/Land
- Active
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- 2Total Baths
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- Active
- Updated 6 hours ago
- 2Beds
- 2Total Baths
- 1,428Sq. Ft.
Listed by Home + Sea Realty, Shelley Parker
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- Land Residential
- Sold
- 0.18Acres
Listed by Realty One Group Prestige, Cheryl Johnson
Sold by Monica Ruggieri Real Estate, Monica Ruggieri
Sold by Monica Ruggieri Real Estate, Monica Ruggieri
- Land Residential
- Sold
- 0.18Acres
Listed by Realty One Group Prestige, Cheryl Johnson
Sold by Monica Ruggieri Real Estate, Monica Ruggieri
Sold by Monica Ruggieri Real Estate, Monica Ruggieri
- Land Residential
- Sold
- 0.46Acres
Listed by Rob Trost Real Estate LLC, Jacqueline Huseby and Rob Trost Real Estate LLC, Sydney Collett
Sold by Windermere West - Pacific City, Jeremy Strober
Sold by Windermere West - Pacific City, Jeremy Strober
- Manufactured Home
- Sold
- 1Bed
- 1Total Bath
- 611Sq. Ft.
Listed and Sold by Berkshire Hathaway HomeServices NW Real Estate, Mary Kay Campbell
1040 NE 12th Ave, Rockaway Beach, OR 97136 (MLS# 554488047) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 1040 NE 12th Ave is currently listed for $160,000 and was received on March 05, 2026. Want to learn more about 1040 NE 12th Ave? Do you have questions about finding other Multi-Family real estate for sale in Rockaway Beach? You can browse all Rockaway Beach real estate or contact a Coldwell Banker agent to request more information.