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  • Listed by: Ideal Real Estate
    Bought with: Windermere Sequim East
    $1,225,000

    306 W First Street, Port Angeles, WA 98362

    15beds
    12baths
    11,856sqft
    Multi Family
    Built in 1921
    -- sqft lot
    $1,207,000 Zestimate®
    $103/sqft
    $1,441 Estimated rent

    Home value

    $1,207,000

    $1.07M - $1.35M

    $1,441/mo

    Zestimate® history
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    $1,441/mo

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    $7,335/mo

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    What's special

    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Joanne Soderlind,

    Ideal Real Estate,

    Brody Broker,

    Ideal Real Estate

    Bought with:

    Rick Brown, 119519

    Windermere Sequim East

    Source: NWMLS as distributed by MLS GRID,MLS#: 2303930MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 12
    Heating
    • Radiator, Electric
    Cooling
    • None
    Features
    • Flooring: Laminate, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 11,856
    • Total interior livable area: 11,856 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Uncovered spaces: 8
    Features
    • Has view: Yes
    • View description: Strait
    • Has water view: Yes
    • Water view: Strait
    Lot
    • Size: 7,000 sqft
    • Features: Paved, Sidewalk
    Details
    • Parcel number: 0630000034030
    • Zoning description: Commercial,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Flat
    Condition
    • Good
    • Year built: 1921
    • Major remodel year: 1921

    Utilities & green energy

    • Electric: Company: City of PA
    • Sewer: Sewer Connected, Company: City of PA
    • Water: Public, Company: City of PA

    Community & neighborhood

    Location
    • Region: Port Angeles
    • Subdivision: Port Angeles

    Other

    Other facts
    • Listing terms: Conventional
    • Cumulative days on market: 396 days

    Price history

    DateEventPrice
    9/10/2025Sold$1,225,000+2.1%$103/sqft
    Source: NWMLS as distributed by MLS GRID #2303930 Report a problem
    7/11/2025Pending sale$1,200,000$101/sqft
    Source: Olympic Listing Service #381522 Report a problem
    6/22/2025Price change$1,200,000-7.7%$101/sqft
    Source: Olympic Listing Service #381522 Report a problem
    6/6/2025Listed for sale$1,299,950$110/sqft
    Source: Olympic Listing Service #381522 Report a problem
    5/2/2025Pending sale$1,299,950$110/sqft
    Source: Olympic Listing Service #381522 Report a problem
    10/21/2024Listed for sale$1,299,950+181.1%$110/sqft
    Source: Olympic Listing Service #381522 Report a problem
    7/21/2017Sold$462,500-15.9%$39/sqft
    Source: NWMLS as distributed by MLS GRID #831327 Report a problem
    5/28/2017Pending sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    4/20/2017Listed for sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    3/28/2017Pending sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    2/27/2017Listed for sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    2/24/2017Pending sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    2/4/2017Listed for sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    1/24/2017Pending sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    12/29/2016Listed for sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    12/20/2016Pending sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    12/9/2016Listed for sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    12/6/2016Pending sale$550,000$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    5/20/2016Listed for sale$550,000-7.6%$46/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    1/2/2016Listing removed$595,000$50/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem
    8/7/2015Listed for sale$595,000$50/sqft
    Source: Windermere Real Estate/Port Angeles #831327 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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