Date
Details
Price
Change
Source
3/23/2026
Listed
$625,000
—
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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1/30
$625,000 Sale Pending
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Property Description
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.
Full Property Details
Full Property Details for 903 Madrona Ave
General
- Price: $625,000
- Taxes: $4,122 (2025)
- Status: Pending
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 753255451
- Updated: 3/27/2026
- Added to Site: 22 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Parking
- Total Spaces: 8
- Parking Features: Off Street, On Street
Location
- County: Tillamook
- Driving Directions: Head north on Hwy 101, turn right on 9th St, continue to Madrona Ave, turn right. Property on left.
School Information
- Elementary School: East
- Middle School: Tillamook
- High School: Tillamook
Community
- Community Name: 195 - Tillamook County
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Crawl Space
- Roof: Composition
- Stories/Levels: 2
- Year Built: 1972
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662
- Lot Size: 5, 000 to 6, 999 SqFt
- Frontage: Paved
- Lot Features: Cleared, Corner Lot, Level, Public Road
Financial Considerations
- Operating Expenses: $35,594
- Tax Amount: $4,122.34
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: SUBD NAME: THAYER'S ADD TO TILLAMOOK BLK NO: 44 LOT NO: 1
- Property ID: 113763
Listed by Rob Trost Real Estate LLC (503) 842-9090, Coley Trost (503) 812-0791
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Listing agent
— 903 Madrona Ave —
Coley Trost
Rob Trost Real Estate LLC
503-842-9090
NMLS#: 1598647
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Schools
Schools serving 903 Madrona Ave
School District:Tillamook School District 9
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Tillamook, OR 1700 9th Street, Tillamook, OR 97141 | K-1 | 0.3 mi |
East Elementary School 3905 Alder Lane, Tillamook, OR 97141 | 4-6 | 1 mi |
South Prairie Elementary School 6855 South Prairie Road, Tillamook, OR 97141 | 2-3 | 3.3 mi |
Tillamook Junior High School 3906 Alder Lane, Tillamook, OR 97141 | 7-8 | 1 mi |
Tillamook High School 2605 12th Street, Tillamook, OR 97141 | 9-12 | 0.3 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 903 Madrona Ave
Tax History
Tax History for 903 Madrona Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,122
5%
$340,320
3%
2024
$3,919
1%
$330,410
3%
2023
$3,883
7%
$320,790
6%
2021
$3,640
-3%
$302,380
-3%
2022
$3,750
3%
$311,450
6%
2021
$3,640
5%
$293,580
3%
2019
$3,452
3%
$285,030
3%
2018
$3,363
3%
$276,730
3%
2017
$3,279
4%
$268,670
3%
2016
$3,157
2%
$260,850
3%
2015
$3,093
2%
$253,260
3%
2014
$3,022
1%
$245,890
3%
2013
$3,004
—
$238,730
—
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 903 Madrona Ave
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- Lots/Land
- Active
- Updated 15 hours ago
- 2.05Acres
Listed by Berkshire Hathaway HomeServices NW Real Estate, Mark Stewart
- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,012Sq. Ft.
Listed by Rob Trost Real Estate LLC, Coley Trost
- Land Residential
- Active
- Updated 3 days ago
- 1.43Acres
Listed by Berkshire Hathaway HomeServices NW Real Estate, Pamela Zielinski
- Manufactured Home
- Active
- Updated 15 hours ago
- 2Beds
- 2Total Baths
- 1,026Sq. Ft.
Listed by HomeSource, Jason Averill
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- Single Family
- Active
- Updated 15 hours ago
- 3Beds
- 3Total Baths
- 2,112Sq. Ft.
Listed by Coldwell Banker Mountain West, Jenny Morrow
- Single Family
- Active
- Updated 15 hours ago
- 3Beds
- 3Total Baths
- 2,112Sq. Ft.
Listed By: JENNY. MORROW | Coldwell Banker Mountain West Real Estate, Inc.
- Land Residential
- Active
- Updated 5 days ago
- 0.5Acres
Listed by Real Broker, Jacob Torres
- Townhouse
- Active
- Updated 5 days ago
- 1Bed
- 1Total Bath
- 1,042Sq. Ft.
Listed by Windermere Realty Trust, Jackie Weber
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- Single Family
- Sold
- 4Beds
- 2Total Baths
- 2,939Sq. Ft.
Listed by RE/MAX HomeSource, Jason Averill
Sold by Century 21 Shorepine Properties, Michelle Bernard
Sold by Century 21 Shorepine Properties, Michelle Bernard
- Single Family
- Sold
- 3Beds
- 2Total Baths
- 2,214Sq. Ft.
Listed by RE/MAX HomeSource, Jason Averill
Sold by RE/MAX Equity Group, Peyman Jafari
Sold by RE/MAX Equity Group, Peyman Jafari
- Single Family
- Sold
- 4Beds
- 2Total Baths
- 2,404Sq. Ft.
Listed by Premiere Property Group, LLC, Juli Blaser Sagar
Sold by Coldwell Banker Professional, Samantha Mattison
Sold by Coldwell Banker Professional, Samantha Mattison
- Condo / Townhouse
- Sold
- 3Beds
- 2Total Baths
- 1,664Sq. Ft.
Listed by RE/MAX HomeSource, Jacob Torres and RE/MAX HomeSource, Judy Sours
Sold by Rob Trost Real Estate LLC, Debbie Carr
Sold by Rob Trost Real Estate LLC, Debbie Carr
903 Madrona Ave, Tillamook, OR 97141 (MLS# 753255451) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 903 Madrona Ave is currently listed for $625,000 and was received on March 23, 2026. Want to learn more about 903 Madrona Ave? 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.