Property Details
90 92 Mallard Cove Road
Port Angeles, WA 98363
$2,590,000
Active
Schedule a Showing
Select your date preference
Request More Info
1 / 40
Property Overview
Rare opportunity to own a proven income-producing duplex on beautiful Lake Sutherland. Currently operating as a successful full-time Air bnb property, this three-unit waterfront retreat offers an established history of strong rental performance, with future bookings already secured for months ahead.Both rental units have been thoughtfully remodeled, with Unit 90 completed in May 2026. Recent upgrades include a new roof installed in 2026, along with numerous additional improvements throughout the property. Each rental unit is fully equipped with its own washer & dryer, hot tub, BBQ area, and an expansive approximately 580-square-foot lake-facing deck, creating an exceptional guest experience.The third unit has been reserved exclusively for private use and has never been rented. It is currently undergoing a full remodel, scheduled for completion prior to close of escrow. This unit also features its own private approximately 325-square-foot deck overlooking the lake. Buyers still have an opportunity to provide input on select finishing touches, making this a truly customizable investment opportunity. Sold furnished. Mallard Cove features a community swimming dock, boat dock, pond, waterfall, and ~350 ft of community waterfront. Shown by appointment only. Please do not disturb occupants or visit without a scheduled showing.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Clallam
Neighborhood
Elwha
Listed
May 9, 2026
Financial Summary
Cap Rate
5.30%
Net Operating Income
$138,496
Gross Scheduled Income
$203,070
Gross Rent Multiplier
0.08
Total Expenses
$13,293
Vacancy Rate
13.0%
Building & Use
Building Sq Ft
2,519
Leasable Area
2,519 sqft
Total Units
3
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
4,356 sqft
Year Built
1962
Exterior & Lot
Lot Size
0.10 sqft
Year Built
1962
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Community, Private, Shared Well
Lot Features
Dead End Street, Paved
Exterior Features
Wood Products
Location
City
Port Angeles
County
Clallam
Coordinates
48.07439, -123.71355
Additional Information
Tax Year
2025
Annual Taxes
$5,232
Possession
Array
Based on information submitted to the MLS GRID as of May 10, 2026 3:00 AM. 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.
