1029 S Sand Dune Avenue SW, Ocean Shores, WA 98569

$985,000
5,698
SqFt

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Listing courtesy of Realogics Sotheby's Int'l Rlty.

List Price
$985,000
Status
ACTIVE
MLS#
2502518
Days on Market
113
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
5,698
Area Total SqFt
5698
Annual Tax Ammount
5363
Lot Size (sq ft)
13,939
Sewer
Available

Property Description

What an incredible opportunity to own a 3 story triplex with unobstructed stunning views of the Pacific Ocean! All 3 units are occupied. 2 by long term (9+ years) tenants! A solid investment! Custom built by owner to take advantage of the wester exposure of the beach. Walls of windows soak in the sun and the views! All units have high end features, open flowing design, gourmet kitchens, granite counters, soaking tubs and fireplaces. Each unit has its own garage! Enjoy the breeze and sounds of the ocean from the decks. A path leads you to the ocean's edge where you can enjoy miles of beach combing. Located on a quiet street of like homes.

Additional Information

List Date
2026-04-07 16:09:28
Community
Ocean Shores
Net Operating Income
$55,609
Gross Adjusted Income
$77,976
Gross Scheduled Income
$82,080
Total Monthly Income
$6,840
Insurance Expenses
$5,665
Water/Sewer/Garbage Expenses
$2,880
Gross Rent Multiplier
12
Total Expenses
$22,367
Cap Rate
5.6
Vacancy Rate
5
Total Number of Units
3
Unit Name
1029
Potential Terms
Cash
Year Built
2005
Waterfront
Yes
View
Ocean
Roof
Composition
Site Features
Deck, Propane
Other Expenses
8209
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
$6,840
Gross Scheduled Income
$82,080
Vacancy Rate
5
Gross Adjusted Income
$77,976
Tax Year
2025
Insurance Expense
$5,665
W/S/G Expenses
$2,880
Total Expenses
$22,367
Net Operating Income
$55,609
Gross Rent Multiplier
12
Cap Rate
5.6
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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