1010 Ivy Ave, Tillamook, OR 97141

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
1010 Ivy Ave,Tillamook, OR 97141
$925,000
  • - Beds
  • - Baths
  • 7,098 sq. ft.
  • Multi-family
  • Active
Listed by:greg messick
Office:realtynet, llc.
MLS#:624308093
Source:PORTLAND

Price summary

  • Price:$925,000
  • Price per sq. ft.:$130.32

About this home

Ivy Avenue Apartments is located in picturesque Tillamook, Oregon. Ivy Avenue Apartments offer a straightforward value-add proposition in a classic single-level layout. The asset is comprised of 12 units in studio, one- and two-bedroom floorplans. Four of the one-bedroom units match floorplans in other units that have been converted to two-bedroom units, allowing for an additional $75 monthly increase. A savvy investor could continue that conversion path to achieve greater rent upside during their ownership. Prospective Buyers to do their own due diligence on feasibility of conversion.Originally constructed in 1938, Ivy Avenue has received light updates over the years, but is still poised for curb appeal and interior improvements to capture tenants seeking higher-quality residential options in a town with exceptionally low vacancy and limited market-rate housing options.

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Home facts

  • Year built:1938
  • Listing ID #:624308093
  • Added:47 day(s) ago
  • Updated:September 19, 2025 at 12:18 PM

Rooms and interior

  • Living area:7,098 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1938
  • Building area:7,098 sq. ft.
  • Lot area:0.3 Acres

Schools

  • High school:Tillamook
  • Middle school:Tillamook
  • Elementary school:South Prairie

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$925,000
  • Price per sq. ft.:$130.32
  • Tax amount:$3,150 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: September 19, 2025

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