555 Sunset Avenue NE, Ocean Shores, WA 98569

$578,000
3,952
SqFt

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Listing courtesy of North Beach Realty OS LLC.

List Price
$578,000
Status
ACTIVE
MLS#
2499367
Days on Market
119
Style
54 - 4-Plex
Finished SqFt
3,952
Area Total SqFt
3952
Annual Tax Ammount
3167
Internet Provider
Coast Communications
Lot Size (sq ft)
10,019
Sewer
Sewer Connected

Property Description

Great opportunity to own an income-producing investment at the beach! This well-located 4-plex ideally located close to beach approaches, canals, and Damon Point. Each unit features 2 bedrooms and 1.5 baths, The half bath is off the primary bedroom. Functional layouts include full kitchens with all appliances, Dining room, spacous living room with fireplace, plus washer/dryers in every unit. all units are approx 988 Sqft. Tenants enjoy the balconies and small patio spaces, adding to long-term rental appeal. Strong income-producing property with consistent rental demand in a desirable coastal market—excellent opportunity for investors or owner-users looking to build equity at the beach.

Additional Information

List Date
2026-03-31 19:52:41
Community
Ocean Shores
Net Operating Income
$40,440
Gross Adjusted Income
$52,980
Gross Scheduled Income
$52,980
Total Monthly Income
$4,415
Gross Rent Multiplier
11.31
Total Expenses
$12,540
Cap Rate
7
Total Number of Units
4
Unit Name
555
Potential Terms
Cash, Conventional
Year Built
1974
View
Territorial
Roof
Composition
Other Expenses
9373
Energy Source
Electric
School District
North Beach
Elementary School
Ocean Shores Elem
Middle School
North Beach Mid
High School
North Beach High
Total Monthly Income
$4,415
Gross Scheduled Income
$52,980
Gross Adjusted Income
$52,980
Tax Year
2026
Total Expenses
$12,540
Net Operating Income
$40,440
Gross Rent Multiplier
11.31
Cap Rate
7
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.
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