Property Details
402 Laurel Street
Port Angeles, WA 98362
$1,920,000
Active
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Property Overview
Well maintained and updated centrally located 12 unit. 2022 new exterior paint, New Vinyl windows, repaved parking lot. New roof 2013 and new individual breaker boxes in all units 2024
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Clallam
Neighborhood
Port Angeles
Listed
Feb 26, 2026
Financial Summary
Cap Rate
5.30%
Net Operating Income
$102,815
Gross Scheduled Income
$170,448
Gross Rent Multiplier
11.00
Total Expenses
$72,833
Vacancy Rate
1.0%
Building & Use
Building Sq Ft
8,762
Leasable Area
8,762 sqft
Total Units
12
Zoning
Multi-Family,Office
Possible Use
Multi-Family, Office
Lot Size
14,000 sqft
Year Built
1962
Exterior & Lot
Lot Size
0.32 sqft
Year Built
1962
Exterior Materials
Stone, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Corner Lot, Sidewalk
Exterior Features
Stone, Wood
Location
City
Port Angeles
County
Clallam
Coordinates
48.11591, -123.43675
Additional Information
Tax Year
2026
Annual Taxes
$7,224
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
