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306 W First Street, 
Port Angeles, WA 98362

$1,200,000


Bed


Bath


11,856

Sq Ft


Multi-Family

Active

Listed by

Joanne Soderlind

Brody Broker

Ideal Real Estate

Last updated:

June 30, 2025, 12:18 AM

MLS#

2303930

Source:

NWMLS

About This Home

306 W First Street

Own a piece of Port Angeles history! Bayview Apartments has been a landmark in downtown Port Angeles since 1921. With 12 units there is constant cashflow and these units are in high demand and rent instantly. The yearly income is over $158K and the current owners have spent the last seven years going through the units and doing repairs and upgrades. At this point, the building is in great shape and future expenses should be minimal. The unfinished bottom story provides an opportunity to expand the building by 50% without a lot of expense meaning that cashflow can easily increase with some additional investment. Lot to the West is also available for sale separately

Home Facts

Multi-Family

Built in 1921

Price Summary

1,200,000

$101 per Sq. Ft.

MLS #:

2303930

Last Updated:

June 30, 2025, 12:18 AM


Rooms & Interior

Interior

Living Area:

11,856 Sq. Ft.


Structure

Structure

Building Area:

11,856 Sq. Ft.

Year Built:

1921


Lot

Lot Size (Sq. Ft):

7,000


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$101 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 30, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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