Property Details
971 Point Brown Avenue SE
Ocean Shores, WA 98569
$499,900
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Property Overview
*Priced below recent appraised value* Great Well maintained duplex by the sea in B-1 Retail Commercial zoning, where short-term rentals are allowed. Upper 4-bed/2-bath unit is 1,246 sq ft with an indoor sitting porch and sunset views from the kitchen, a free-stand wood stove, single garage, and updated windows. Rented at $1,880. Lower 2-bed/1.5-bath unit is 1,066 sq ft with its own carport, fresh paint, and new flooring. Rented at $1,430. New roof 2023. Convenient location near beach, lakes, and parks. Ideal for owner-occupancy, long-term income, or potential nightly rental use.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Ocean Shores
Listed
Dec 1, 2025
Original Price
$569,900
Financial Summary
Cap Rate
6.07%
Net Operating Income
$34,592
Gross Scheduled Income
$39,720
Gross Rent Multiplier
14.35
Total Expenses
$5,128
Building & Use
Building Sq Ft
2,132
Leasable Area
2,372 sqft
Total Units
2
Zoning
Commercial,Retail,See Remarks
Possible Use
Commercial, Retail, See Remarks
Lot Size
8,276 sqft
Year Built
1984
Exterior & Lot
Lot Size
0.19 sqft
Year Built
1984
Garage
1 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Paved
Exterior Features
Wood
Location
City
Ocean Shores
County
Grays Harbor
Coordinates
46.95181, -124.14000
Additional Information
Tax Year
2025
Annual Taxes
$1,741
Possession
Array
