Property Details
1029 S Sand Dune Avenue SW
Ocean Shores, WA 98569
$985,000
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Ocean Shores
Listed
Apr 7, 2026
Financial Summary
Cap Rate
6.50%
Net Operating Income
$13,908
Gross Scheduled Income
$82,080
Gross Rent Multiplier
12.00
Total Expenses
$13,908
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
5,698
Leasable Area
5,698 sqft
Total Units
3
Lot Size
13,939 sqft
Year Built
2005
Exterior & Lot
Lot Size
0.32 sqft
Year Built
2005
Garage
3 spaces
Exterior Materials
Cement Plank
Sewer
Available
Water Source
Public
Lot Features
Open Space, Paved
Exterior Features
Cement Planked
Location
City
Ocean Shores
County
Grays Harbor
Coordinates
46.95126, -124.17123
Additional Information
Tax Year
2025
Annual Taxes
$5,363
Possession
Array
