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$799,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 5 days ago
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Rare opportunity to acquire a 13-unit multifamily investment in the heart of downtown Tillamook. This two-building property features a desirable unit mix of nine 1-bedroom and four 2-bedroom apartments with significant value-add potential through lease-up, operational improvements, and continued rent growth. Ideally located within walking distance of downtown shopping, restaurants, and major employers, with convenient access to Highway 101 and the Oregon Coast. A compelling opportunity to invest in one of Oregon's strongest coastal workforce housing markets.

Full Property Details for 2214 5th St

General

  • Price: $799,999
  • Taxes: $4,025 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 533838263
  • Updated: 7/1/2026
  • Added to Site: 6 day(s) ago

Rental Information

  • Rent Includes: Gas, Sewer, Trash Collection

Location

  • County: Tillamook
  • Driving Directions: Madrona

School Information

  • Elementary School: Liberty
  • Middle School: Tillamook
  • High School: Tillamook

Community

  • Community Name: 195 - Tillamook County

Heating & Cooling

  • Heating Type: Wall Heater
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Composition
  • Stories/Levels: 3
  • Square Feet: 11,444
  • Year Built: 1935
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Concrete

Financial Considerations

  • Operating Expenses: $40,297
  • Tax Amount: $4,025.88
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SUBD NAME: THAYER'S ADD TO TILLAMOOK BLK NO: 18 LOT NO: 5; 6
  • Disclosures/Reports: Disclosure
  • Property ID: 107119

Listed by Keller Williams Realty Portland Premiere (503) 597-2444, Kevan Willes (503) 505-8065 and Keller Williams Realty Portland Premiere (503) 597-2444, Cameron Schwab (503) 451-0745

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Listing agents

— 2214 5th St —

  • Kevan Willes

    Keller Williams Realty Portland Premiere

    503-597-2444

  • Cameron Schwab

    Keller Williams Realty Portland Premiere

    503-597-2444

503-505-8065

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2214 5th St

School District:Tillamook School District 9
NameGradesDistance
Liberty Elementary School, Tillamook, OR
1700 9th Street, Tillamook, OR 97141
K-10.3 mi
East Elementary School
3905 Alder Lane, Tillamook, OR 97141
4-61 mi
South Prairie Elementary School
6855 South Prairie Road, Tillamook, OR 97141
2-33.5 mi
Tillamook Junior High School
3906 Alder Lane, Tillamook, OR 97141
7-81 mi
Tillamook High School
2605 12th Street, Tillamook, OR 97141
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2214 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Listed
$799,999
19.4%
MLS
6/06/2023
Sold
$670,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2214 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,026
5%
$323,240
3%
2024
$3,832
1%
$313,830
3%
2023
$3,798
6%
$304,690
6%
2021
$3,568
-3%
$287,210
-3%
2022
$3,673
3%
$295,820
6%
2021
$3,568
5%
$278,850
3%
2019
$3,389
3%
$270,730
3%
2018
$3,305
2%
$262,850
3%
2017
$3,225
4%
$255,200
3%
2016
$3,109
2%
$247,770
3%
2015
$3,049
2%
$240,560
3%
2014
$3,000
1%
$233,560
3%
2013
$2,963
—
$226,760
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Realty Portland Premiere (503) 597-2444, Kevan Willes (503) 505-8065 and Keller Williams Realty Portland Premiere (503) 597-2444, Cameron Schwab (503) 451-0745

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2214 5th St, Tillamook, OR 97141 (MLS# 533838263) is a Multi-Family property with 13 units containing 0 bedrooms and 0 full bathrooms. 2214 5th St is currently listed for $799,999 and was received on June 30, 2026. Want to learn more about 2214 5th St? Do you have questions about finding other Multi-Family real estate for sale in Tillamook? You can browse all Tillamook real estate or contact a Coldwell Banker agent to request more information.

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