RARE OPPORTUNITY - own 1 of the only 4plexes in Netarts! Well located yards from stores, delis, espresso, bus stop, post ofc, community center, beach access, and some Bay/Ocean view. Much recent remodeling includes vinyl windows & Hardiplank siding. Very easy to rent! The road is part of the acreage... provides additional income potential. Owner financing available. DO NOT LOOK IN WINDOWS WITHOUT APPOINTMENT... ALL UNITS ARE OCCUPIED!
Off market
$618,400
4835 Phelps Ave W, Tillamook, OR 97141
7beds
4baths
3,272sqft
MultiFamily
Built in 1947
-- sqft lot
$618,400 Zestimate®
$189/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Baseboard, Electric
Appliances
- Included: Range / Oven, Refrigerator
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 3,272 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street
Features
- Exterior features: Cement / Concrete
- Waterfront features: Ocean Beach 1/4 Mile or Less
Lot
- Size: 1.55 Acres
- Features: Level, Views, 1 to 2.99 Acres
Details
- Parcel number: 1S1032CC00111
- Zoning: NTR2
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Concrete
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer, Community
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Tillamook
HOA & financial
Other financial information
- Total actual rent: 3825
Other
Other facts
- Sewer: Public Sewer, Community
- WaterSource: Public
- Heating: Baseboard
- Appliances: Refrigerator, Electric Water Heater, Range
- HeatingYN: true
- Utilities: Electricity Connected
- NumberOfUnitsTotal: 4
- Roof: Composition
- LotFeatures: Level, Views, 1 to 2.99 Acres
- LeaseTerm: Month To Month
- Basement: Crawl Space
- ConstructionMaterials: Cement Siding
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer
- OpenParkingYN: true
- PropertyCondition: Updated/Remodeled
- OperatingExpense: 14000
- Zoning: NTR2
- ParkingFeatures: Open
- CapRate: 7.44
- GrossIncome: 45900
- TotalActualRent: 3825
- MlsStatus: Pending
- GrossScheduledIncome: 46500
- NetOperatingIncome: 31900
- WaterfrontFeatures: Ocean Beach 1/4 Mile or Less
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.