903 Madrona Avenue, Tillamook, OR 97141 (MLS# 26-701)


$610,000
903 Madrona Avenue
Tillamook, OR 97141
MLS# 26-701
Status: Closed
7 beds  |  4 baths  |  4084 sqft


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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.

Details
Maps
Status Change Information
Status Change Timestamp: 2026-05-05
Purchase Contract Date: 2026-03-27
Close Date: 2026-05-04
Close Price: 610000
Contract
Permissible for Vacation Rental: Unknown
Current Price: $610,000
Status: Closed
Begin Date: 2026-03-23
Sold Price: $610,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Association/Community
Senior Community YN: No
Interior
Basement YN: No
Main Floor Living: Yes
Bedrooms Total: 7
Bathrooms Total: 4
Bathrooms Full: 4
Above Grade Finished Area: 4084
Living Area: 4084
Building
Accessibility Features YN: No
Year Built: 1972
Lot
View YN: Yes
Water Body Access YN: No
Lot Size Acres: 0.13
Lot Size Square Feet: 5662.8
Utilities
Cable Available: 1
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Appliances
Built-In Electric Oven: 1
Dryer: 1
Refrigerator: 1
Washer: 1
Architectural Style
Traditional: 1
Building and Property Details
Washer/Dryer Type: Electric
Construction Materials
Fiber Cement: 1
Cooling
None: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Slab: 1
Heating
Electric: 1
Interior Features
Entrance Foyer: 1
Vaulted Ceiling(s): 1
Laundry Features
Common Area: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Corner Lot: 1
Level: 1
Outdoor Living Spaces Features
Covered Patio: 1
Parking Features
Off Street: 1
Possession
Subject To Tenant Rights: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Special Listing Conditions
Standard: 1
Water Body View
No: 1
Water Source
Public: 1
Window Features
Double Pane Windows: 1
Vinyl Frames: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Tenant Pays
Electricity: 1
Internet: 1
Unit Four
Unit Number: 1
Occupied: Yes
Beds Total: 1
Baths Total: 1
Living Area: 1000
Furnished: Unfurnished
Walls: Paint
Parking Spaces: 2
Actual Rent: 1325
Unit Four Features
Carpet Flooring: 1
Range/Oven: 1
Refrigerator: 1
Unit One
Unit Number: 1
Occupied: No
Beds Total: 2
Baths Total: 1
Living Area: 1000
Furnished: Unfurnished
Walls: Paint
Parking Spaces: 2
Unit Description: Recently vacated
Actual Rent: 1450
Unit One Features
Carpet Flooring: 1
Range/Oven: 1
Refrigerator: 1
Unit Three
Unit Number: 3
Occupied: Yes
Beds Total: 2
Baths Total: 1
Living Area: 1000
Furnished: Unfurnished
Walls: Paint
Parking Spaces: 2
Actual Rent: 1135
Unit Three Features
Carpet Flooring: 1
Range/Oven: 1
Refrigerator: 1
Unit Two
Unit Number: 2
Occupied: Yes
Beds Total: 2
Baths Total: 1
Living Area: 1000
Furnished: Unfurnished
Walls: Paint
Parking Spaces: 2
Actual Rent: 1365
Unit Two Features
Carpet Flooring: 1
Range/Oven: 1
Refrigerator: 1
Additional Tax and Location Information
Highway 101: East Side
Showing Requirements
Call Listing Agent: 1
Documents
Lead Based Paint Disclosure: 1
Property Disclosure: 1
Listing Information
Listing Association Name: Tillamook County BOR
Property Sub Type: Quadruplex
Address
Street Number: 903
Street Name: Madrona
Street Suffix: Avenue
County: Tillamook
State: OR
Postal Code: 97141
Directions: Head north on Hwy 101, turn right on 9th St, continue to Madrona Ave, turn right. Property on left.
Parcel Number: 05800
Tax Legal
Subdivision Name: Thayer Addition
Tax Annual Amount: 3918.54
Tax Year: 2025
Zoning: R-5 Residential
Tax Lot: 5800
Tax Map Number: 1S0930CC
AssociationCommunity
Number Of Buildings: 1
Number of Units: 4
Parking Information
Parking Total: 8
Property Features
Utilities: Cable Available; Cable Connected; Electricity Connected; Sewer Connected; Water Connected; Cable Available; Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Appliances: Built-In Electric Oven; Dryer; Refrigerator; Washer
Architectural Style: Traditional
Construction Materials: Fiber Cement
Cooling: None
Flooring: Carpet; Laminate; Vinyl
Foundation Details: Concrete Perimeter; Slab
Heating: Electric
Interior Features: Entrance Foyer; Vaulted Ceiling(s)
Laundry Features: Common Area
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Cleared; Corner Lot; Level
Outdoor Living Spaces Features: Covered Patio
Owner Pays: Sewer; Trash Collection; Water
Parking Features: Off Street
Possession: Subject To Tenant Rights
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Electricity; Internet
Unit Four Features: Carpet Flooring; Range/Oven; Refrigerator
Unit One Features: Carpet Flooring; Range/Oven; Refrigerator
Unit Three Features: Carpet Flooring; Range/Oven; Refrigerator
Unit Two Features: Carpet Flooring; Range/Oven; Refrigerator
Water Body View: No
Water Source: Public
Window Features: Double Pane Windows; Vinyl Frames
Showing Considerations: Occupied
Showing Requirements: Call Listing Agent
Documents: Lead Based Paint Disclosure; Property Disclosure

Listing Office: Rob Trost Real Estate, LLC
Source MLS Verified

Office Email: office@robtrost.com

Last Updated: May - 05 - 2026

Information deemed reliable but not guaranteed.