About 1010 Ivy Ave
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.
Features of 1010 Ivy Ave
| MLS® # | 624308093 |
|---|---|
| Price | $925,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,098 |
| Acres | 0.30 |
| Year Built | 1938 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 1010 Ivy Ave |
|---|---|
| Area | 195 - Tillamook County |
| City | Tillamook |
| County | Tillamook |
| State | OR |
| Zip Code | 97141 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Heater |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Wood Siding |
|---|---|
| Lot Description | Level |
| Roof | Composition |
| Foundation | Other |
School Information
| Elementary | South Prairie |
|---|---|
| Middle | Tillamook |
| High | Tillamook |
Additional Information
| Date Listed | August 8th, 2025 |
|---|---|
| Days on Market | 81 |
| Zoning | Res |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RealtyNET, LLC |
|---|