This is your opportunity to live in and produce income from this property! The main unit spans the main floor and upper level, offering 3 bedrooms, 1 bathroom, and its own laundry (lease in place). The lower unit is a separate studio with a private kitchen, bathroom, and laundry. Located near Nehalem's charming downtown and just minutes from coastal attractions, tenant vacating mid March. This property offers the potential for steady income in a desirable location. Nehalem and the surrounding area are seeing some amazing projects for its residences, most notably two giant projects underway the New Aquatic Center at NCRD, and the New Nehalem Bay Health Center. Don't miss this chance to own an investment property on the Oregon Coast!
Closed
$425,000
35950 12th St, Nehalem, OR 97131
3beds
2baths
1,558sqft
Single Family Residence
Built in 1941
7,405.2 Square Feet Lot
$426,700 Zestimate®
$273/sqft
$2,726 Estimated rent
Home value
$426,700
$311,000 - $589,000
$2,726/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 12, 2025 at 06:52pm
Listed by:
Catherine M Lewis 503-347-9690,
Keller Williams Sunset Corridor - Coast Life
Bought with:
Other
Source: OCMLS,MLS#: TC-22023
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dryer, Dishwasher, Refrigerator, Washer
Features
- Flooring: Carpet, Vinyl
- Windows: Double Pane Windows
- Basement: Exterior Entry,Finished
- Number of fireplaces: 2
Interior area
- Total structure area: 1,558
- Total interior livable area: 1,558 sqft
- Finished area above ground: 1,558
Property
Parking
- Parking features: Off Street
Features
- Has view: Yes
- View description: Other
Lot
- Size: 7,405 sqft
- Features: Gentle Sloping, Sloped
Details
- Parcel number: 3N1027CA05101
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding, Shingle Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Year built: 1941
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Connected, Phone Available
Community & neighborhood
Location
- Region: Nehalem
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2025 | Sold | $425,000-0.7%$273/sqft |
Source:  OCMLS #TC-22023 | ||
| 3/23/2025 | Pending sale | $428,000$275/sqft |
Source: Tillamook County BOR #25-4 | ||
| 3/15/2025 | Price change | $428,000-4.5%$275/sqft |
Source:  RMLS (OR) #24689079 | ||
| 12/23/2024 | Listed for sale | $448,000+99.1%$288/sqft |
Source: RMLS (OR) #24689079 | ||
| 1/10/2020 | Sold | $225,000$144/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,379 +1.1% | $184,740 +3% |
| 2023 | $2,354 +6.1% | $179,360 +3% |
| 2022 | $2,220 +3.1% | $174,140 +3% |
Find assessor info on the county website
Neighborhood: 97131
Nearby schools
GreatSchools rating
- 10/10Nehalem Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Neah-Kah-Nie Middle SchoolGrades: 6-8Distance: 5.7 mi
- 3/10Neah-Kah-Nie High SchoolGrades: 9-12Distance: 5.7 mi
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