Property Details
732 Point Brown Avenue SE
Ocean Shores, WA 98569
$425,000
Active
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Property Overview
Tons of Potential, Investor Special! Waterfront Townhome style Duplex on the Canal. 3 Bedroom 2 Full Bath Per Side 1424sqft per side with an oversized one car garage per side, gorgeous views – complete with your own private dock. Rent's estimated at $2,000 Per Month Per Side That's $48,000 Per Year and a 9% CAP Rate after renovation! Bring your toolbelt and add this great investment to your portfolio. Come view today!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Ocean Shores
Listed
Jun 4, 2026
Structure Type
Duplex
Parcel Number
092700008900
Tax & HOA
Annual Property Tax
$2,969 (2025)
Est. Monthly Tax
$247/mo
Financial Summary
Cap Rate
9.00%
Net Operating Income
$42,031
Gross Scheduled Income
$48,000
Gross Rent Multiplier
12.60
Total Expenses
$5,969
Vacancy Rate
50.0%
Building & Use
Building Sq Ft
2,848
Leasable Area
2,848 sqft
Total Units
2
Lot Size
12,197 sqft
Year Built
1994
Exterior & Lot
Lot Size
0.28 sqft
Year Built
1994
Garage
2 spaces
Exterior Materials
Wood
Parking
RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood Products
Community & Access
Directions
S on Pt Brown to 732
Location
City
Ocean Shores
County
Grays Harbor
Coordinates
46.96136, -124.15081
Additional Information
Tax Year
2025
Annual Taxes
$2,969
Possession
Array
Based on information submitted to the MLS GRID as of June 4, 2026 8:30 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.
