306 W First Street , Port Angeles, Wa 98362

WA, Port Angeles
$1,200,000
  • 11,856 Sqft
  • Residential Income Property Type
  • 1921 Year Built
  • Closed Status
Property Description

Own a piece of Port Angeles history! Bayview Apartments has been a landmark in downtown Port Angeles since 1921. With 12 units there is constant cashflow and these units are in high demand and rent instantly. The yearly income is over $158K and the current owners have spent the last seven years going through the units and doing repairs and upgrades. At this point, the building is in great shape and future expenses should be minimal. The unfinished bottom story provides an opportunity to expand the building by 50% without a lot of expense meaning that cashflow can easily increase with some additional investment. Lot to the West is also available for sale separately

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2303930
  • Price: $1,200,000
  • View: Mountain(s),Strait
  • Square Footage: 11,856 Sqft
  • Year Built: 1921
  • Lot Area: 0.16 Acre
  • Status: Closed
  • Office Name: Ideal Real Estate
  • Agent Name: Joanne Soderlind
  • Property Sub Type: Multi Family
  • Roof: Flat
Features
  • Heating System Radiator
  • Cooling System None
  • Exterior Features Stucco
  • Flooring Carpet, Laminate
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Clallam
  • City Port Angeles
  • Zipcode 98362
  • Street: First
  • Street Number: 306
  • Street Suffix: Street
  • Longitude: W124° 33' 42.8''
  • Latitude: N48° 7' 14''
  • Directions: From 101 Go west on front to left on first. Property on south side.
  • Mls Area Major: 921 - Central East Port Angeles
  • Street Dir Prefix: W
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Port Angeles
  • Middle School: Buyer To Verify
Additional Information
  • Water Source: Public
  • Virtual Tour: Virtual Tour
  • Stories Total: 3
  • Possible Use: Commercial
  • On Market Date: 2024-10-21
  • Number Of Units Total: 12
  • Lot Features: Paved, Sidewalk, Alley
  • Construction Materials: Stucco
Financial
  • Tax Annual Amount: 2853.32
Listing Information
  • Co List Agent Full Name: Brody Broker
  • Co List Agent Mls Id: 49760
  • Co List Office Mls Id: 6463
  • Co List Office Name: Ideal Real Estate
  • List Agent Mls Id: 129198
  • List Office Mls Id: 6463
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2025-10-11T11:03:12Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-09-10T21:53:40Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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