Property Details

1029 S Sand Dune Avenue SW
Ocean Shores, WA 98569
$985,000
MLS# 2502518 courtesy of NWMLS Listing firm: Realogics Sotheby's Int'l Rlty

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

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

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Multi-Family
Property Type
5,698
Bldg Sq Ft
3
Units
6.50%
Cap Rate
2005
Year Built

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
Listed By
Ev Winningham
Realogics Sotheby's Int'l Rlty

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