903 Madrona Avenue Tillamook, OR 97141
Listing Courtesy of: Lincoln County MLS / Rob Trost Real Estate, LLC

  903 Madrona Avenue Tillamook, OR 97141

Pending (18 Days)
$625,000 (USD)
7
BED
4
BATH
4,084
SQFT

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.

MLS #:
26-701
Taxes
$3,919(2025)
Lot Size
5,663 SQFT
Type
Multifamily
Year Built
1972
Style
Traditional
County
Tillamook County

Listed By

Coley Trost, Rob Trost Real Estate, LLC
Source
Lincoln County MLS
Last checked Apr 9 2026 at 8:40 PM GMT+0000
Bathroom Details
Interior Features
  • Appliance: Refrigerator
  • Appliance: Washer
  • Appliance: Dryer
  • Entrance Foyer
Subdivision
  • Thayer Addition
Lot Information
  • Level
  • Cleared
  • Corner Lot
Property Features
  • Foundation: Concrete Perimeter
  • Foundation: Slab
Heating and Cooling
  • Electric
  • None
Flooring
  • Laminate
  • Carpet
  • Vinyl
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Cable Available, Cable Connected
  • Sewer: Public Sewer
Parking
  • Off Street
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Lincoln County MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/9/26 13:40