306 W First Street, Port Angeles, WA 98362

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Listed by:joanne soderlind
Office:ideal real estate
MLS#:2303930
Source:NWMLS
306 W First Street,Port Angeles, WA 98362
$1,200,000
  • - Beds
  • - Baths
  • 11,856 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$101.21

About this home

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

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Home facts

  • Year built:1921
  • Listing Id #:2303930
  • Updated:August 07, 2025 at 07:52 AM

Rooms and interior

  • Living area:11,856 sq. ft.

Heating and cooling

  • Heating:Heating

Structure and exterior

  • Roof:Flat Roof
  • Year built:1921
  • Building area:11,856 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$101.21
  • Tax amount:$2,853 (2024)
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