1034 W Spruce Street, Port Angeles, WA 98363
- $427,000
- 1,056
- SqFt
Listing courtesy of Ideal Real Estate.
- List Price
- $427,000
- Status
- ACTIVE
- MLS#
- 2467428
- Price Change
- ▼ $11,000 1771280355
- Days on Market
- 196
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 1,056
- Area Total SqFt
- 1056
- Annual Tax Ammount
- 2990
- Internet Provider
- Astound
- Lot Size (sq ft)
- 4,356
- Sewer
- Sewer Connected
Property Description
Unique Multi-Family Property in Port Angeles! This single-family home, including its detached garage, was efficiently renovated and converted into three separate rentable units. Perfect for investors or multi-generational living. Main house, with cozy fireplace and enclosed outdoor patio, has an attached apartment with private rear entry. The first unit, located in the front portion of the main house, has 1 bedroom, 1 full bath, kitchen w/ eating space, living room, washer + dryer. Second unit, in the rear portion of the main house, has 2 bedrooms + 3/4 bath, one bedroom having been converted into the kitchen area complete with range/oven, fridge and full-sized sink. Third unit is the detached garage conversion, complete with kitchenette and 3/4 bath boasting a beautiful mosaic river-rock shower and live-edge kitchen countertop. Generating approximately $3400/month in rental income. Apartment & garage studio access a shared washer/dryer on covered back patio. Don't miss this high-yield opportunity!
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Additional Information
- List Date
- 2026-01-13 16:28:10
- Community
- Central West Port Angeles
- Net Operating Income
- $33,180
- Gross Adjusted Income
- $38,760
- Gross Scheduled Income
- $40,800
- Total Monthly Income
- $3,400
- Insurance Expenses
- $900
- Water/Sewer/Garbage Expenses
- $1,920
- Gross Rent Multiplier
- 11
- Total Expenses
- $8,570
- Cap Rate
- 7.5
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 1034
- Potential Terms
- Cash, Conventional, FHA, Lease Purchase, VA Loan
- Year Built
- 1975
- Roof
- Composition
- Site Features
- Deck, High Speed Internet, Outbuildings, Patio, Propane, RV Parking, Shop
- Electric Expenses
- 2160
- Other Expenses
- 600
- Energy Source
- Electric, Propane
- School District
- Port Angeles
- Elementary School
- Dry Creek Elem
- Middle School
- Stevens Mid
- High School
- Port Angeles High
- Total Monthly Income
- $3,400
- Gross Scheduled Income
- $40,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $38,760
- Tax Year
- 2025
- Insurance Expense
- $900
- W/S/G Expenses
- $1,920
- Total Expenses
- $8,570
- Net Operating Income
- $33,180
- Gross Rent Multiplier
- 11
- Cap Rate
- 7.5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.