# 5514 3RD St, Tillamook, OR 97141

> **TL;DR:** 8bd/4ba residential multi family, $689,000 ($193/sqft), built 1978, 3,572 sqft. Est. $2,986/mo. Listed 78 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $689,000 |
| Price/sqft | $193 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Square Feet | 3,572 |
| Year Built | 1978 |
| Lot Size | 18,731 sqft (0.43 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 78 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,986 |
| **Total** | **$2,986** |

## Nearby Schools

- **Elementary:** South Prairie
- **Middle:** Tillamook
- **High:** Tillamook

## Property Highlights

- Built in 1978
- 0.43 acre lot
- 2 stories

## Description

### Agent Description
Investment Opportunity! This well-located 4-plex sits on a generous .43-acre parcel and is the last property before the grange, offering a convenient setting with open views. The property is fully occupied with long-term tenants and presents excellent upside potential as current rents remain below market rates. Each unit is separately metered and served by septic and public water, helping keep monthly utility expenses low and management simple. Tenants enjoy private decks with views of the surrounding valley and mountains, along with ample onsite parking. With a strong rental history, consistent occupancy and room to increase income over time, this property represents a solid investment with promising future potential.

## Location

- **Address:** 5514 3RD St, Tillamook, OR 97141
- **County:** Tillamook
- **Coordinates:** 45.457846, -123.79355
- **Google Maps:** https://www.google.com/maps?q=45.457846,-123.79355

## Listing Agent

- **Name:** Jennifer Strohmaier
- **Brokerage:** Rob Trost Real Estate LLC
- **Phone:** 5038126078
- **Email:** strohmaierjen@gmail.com

## Primary Photo

![5514 3RD St - Primary Photo](http://lh.rdcpix.com/eb9bafa4d7d86fab577de723daee4ba7l-f1667936631r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/5514-3rd-st-tillamook-or-97141-77123962)*

---

**MLS#:** 677123962 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5514-3rd-st-tillamook-or-97141-77123962)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "5514 3RD St, Tillamook, OR 97141",
  "description": "Investment Opportunity! This well-located 4-plex sits on a generous .43-acre parcel and is the last property before the grange, offering a convenient setting with open views. The property is fully occupied with long-term tenants and presents excellent upside potential as current rents remain below market rates. Each unit is separately metered and served by septic and public water, helping keep monthly utility expenses low and management simple. Tenants enjoy private decks with views of the surro",
  "url": "https://www.propertysimple.com/listing/5514-3rd-st-tillamook-or-97141-77123962",
  "image": "http://lh.rdcpix.com/eb9bafa4d7d86fab577de723daee4ba7l-f1667936631r.jpg",
  "datePosted": "2026-06-17",
  "price": 689000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "5514 3RD St",
    "addressLocality": "Tillamook",
    "addressRegion": "OR",
    "postalCode": "97141",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 45.457846,
    "longitude": -123.79355
  },
  "numberOfBedrooms": 8,
  "numberOfBathroomsTotal": 4,
  "numberOfFullBathrooms": 4,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 3572,
    "unitCode": "FTK"
  },
  "yearBuilt": 1978
}
```