Rare 14-unit complex in Port Angeles. Extremely low vacancy rate in port Angeles makes this property a prime investment opportunity! This property consists of two 6-unit buildings, one house, and one mobile. Sits at a 7.6 cap and is below market rents can easily be pushed to an 8-cap property! Over 200k spend hooking up all 4 structures to sewer, 3 new sewer connections with an increased size connection of the sewer to the manufactured home to allow for a 4 plex. The house has recently been remodeled with new windows, new paint, new kitchen cabinets and counters, flooring. 7 units have been updated and the remaining 5 were lightly refreshed. The vacancy rate is very low and these units are hardly ever empty. Onsite coin op laundry.
Sold
Listed by: Better Properties NW • Andre Scott
Bought with: ZNonMember-Office-MLS
$2,050,000
2938 2934 E Walnut Street, Port Angeles, WA 98362
--beds
--baths
11,320sqft
Multi Family
Built in 1972
-- sqft lot
$2,002,700 Zestimate®
$181/sqft
$1,576 Estimated rent
Home value
$2,002,700
$1.66M - $2.40M
$1,576/mo
Zestimate® history
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$12,338/mo
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$12,338/mo
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New kitchen cabinetsNew paintNew windows
Zillow last checked:
Listing updated:
Listed by:
Andre Scott,
Better Properties NW
Bought with:
Non Member ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2051037
Facts & features
Interior
Heating
- Wall Unit(s), Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 11,320
- Total interior livable area: 11,320 sqft
Property
Parking
- Total spaces: 17
- Parking features: Open
- Carport spaces: 6
- Uncovered spaces: 11
Features
- Patio & porch: Wall to Wall Carpet
Lot
- Size: 0.82 Acres
- Dimensions: 35683
- Features: Dead End Street, Paved, Secluded, Value In Land
Details
- Parcel number: 0530075410800000
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1972
- Major remodel year: 1972
Utilities & green energy
- Electric: Company: City of Port
- Sewer: Sewer Connected, Company: City of Port Angeles
- Water: Public, Company: City of Port
Community & HOA
Community
- Subdivision: Northeast Port Angeles
Location
- Region: Pt Angeles
Financial & listing details
- Price per square foot: $181/sqft
- Annual tax amount: $7,438
- Date on market: 7/1/2023
- Cumulative days on market: 1117 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/26/2023 | Sold | $2,050,000-4.7%$181/sqft |
Source:  NWMLS as distributed by MLS GRID #2051037 Report a problem | ||
| 7/27/2023 | Pending sale | $2,150,000$190/sqft |
Source: NWMLS as distributed by MLS GRID #2051037 Report a problem | ||
| 6/13/2023 | Price change | $2,150,000-2.3%$190/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2051037 Report a problem | ||
| 6/1/2023 | Price change | $2,200,000-2.2%$194/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2051037 Report a problem | ||
| 5/16/2023 | Price change | $2,250,000-2.2%$199/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2051037 Report a problem | ||
| 4/20/2023 | Price change | $2,300,000-4.2%$203/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2051037 Report a problem | ||
| 3/31/2023 | Listed for sale | $2,400,000+47.7%$212/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2051037 Report a problem | ||
| 9/20/2020 | Listing removed | $1,625,000$144/sqft |
Source: Better Properties NW #1629953 Report a problem | ||
| 7/21/2020 | Price change | $1,625,000-1.5%$144/sqft |
Source: Better Properties NW #1629953 Report a problem | ||
| 7/15/2020 | Listed for sale | $1,650,000$146/sqft |
Source: Better Properties NW #1629953 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 98362
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Nearby schools
GreatSchools rating
- 5/10Roosevelt Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 6/10Stevens Middle SchoolGrades: 7-8Distance: 4.4 mi
- 5/10Port Angeles High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Middle: Stevens Mid
- High: Port Angeles High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Washington
- Clallam County
- Port Angeles
- 98362
- 2938 2934 E Walnut Street
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