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$610,000

  • Sold
  • Sold
  • Multi-Family
See This Home
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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 for 903 Madrona Ave

General

  • Sold For: $610,000
  • Taxes: $4,122 (2025)
  • Status: Sold
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 753255451
  • Added to Site: 67 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

  • Midd School District: Tillamook
  • 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

  • Property ID: 113763

Listed by Rob Trost Real Estate LLC (503) 842-9090, Coley Trost (503) 812-0791
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls

Listing agent

— 903 Madrona Ave —

  • Coley Trost

    Rob Trost Real Estate LLC

    503-842-9090

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 903 Madrona Ave

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
2-33.3 mi
Tillamook Junior High School
3906 Alder Lane, Tillamook, OR 97141
7-81 mi
Tillamook High School
2605 12th Street, Tillamook, OR 97141
9-120.3 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

Date
Details
Price
Change
Source
5/04/2026
Sold
$610,000
-2.4%
MLS
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.

Listed by Rob Trost Real Estate LLC (503) 842-9090, Coley Trost (503) 812-0791
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls

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Recent Sales near 903 Madrona Ave

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903 Madrona Ave, Tillamook, OR 97141 (MLS# 753255451) is a Multi-Family property that was sold at $610,000 on May 04, 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.