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$1,225,000

  • Sold
  • Closed
  • Multi-Family

Listed by Joanne Soderlind | Ideal Real Estate | (360) 504-3200 and Brody Broker | Ideal Real Estate | (360) 504-3200
Sold by Rick Brown | Windermere Sequim East

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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

Full Property Details for 306 W 1st St

General

  • Sold For: $1,225,000
  • Taxes: $2,853 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2303930
  • Added to Site: 477 day(s) ago

Interior

  • Flooring: Laminate, Carpet

Parking

  • Uncovered Spaces: 8

Location

  • Area: 921 - Central East Port Angeles
  • County: Clallam
  • Subdivision: Port Angeles
  • Building Name: Bayview Apartments
  • Driving Directions: From 101 Go west on front to left on first. Property on south side.

School Information

  • High School District: Port Angeles
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Radiator

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Stucco
  • Roof: Flat
  • Stories in Building: 3
  • Square Feet: 11,856
  • Year Built: 1921
  • Property Condition: Good

Unit Information

  • Units in Building: 12

Lot Features

  • Property View: Mountain(s), Strait
  • Lot Size (Acres): 0.1607
  • Lot Size (Sq. Ft.): 7,000
  • Lot Size Source: Clallam County Map
  • Lot Features: Alley, Paved, Sidewalk
  • Zoning: Commercial

Financial Considerations

  • Tax Amount: $2,853.32
  • Tax Year: 2024
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 630000034030
  • Block: 34 TPA
  • Lot Number: 2

Listed by Joanne Soderlind | Ideal Real Estate | (360) 504-3200 and Brody Broker | Ideal Real Estate | (360) 504-3200
Sold by Rick Brown | Windermere Sequim East

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 306 W 1st St

School District:Port Angeles School District
NameGradesDistance
Jefferson Elementary School, Port Angeles, WA
218 East 12th Street, Port Angeles, WA 98362
PK-60.9 mi
Stevens Middle School, Port Angeles, WA
1139 West 14th Street, Port Angeles, WA 98363
6-81.3 mi
Port Angeles High School
304 East Park Avenue, Port Angeles, WA 98362
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 306 W 1st St

Date
Details
Price
Change
Source
9/10/2025
Sold
$1,225,000
2.08%
MLS
6/22/2025
Price Reduced
$1,200,000
-7.69%
MLS
10/21/2024
Listed
$1,299,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Joanne Soderlind | Ideal Real Estate | (360) 504-3200 and Brody Broker | Ideal Real Estate | (360) 504-3200
Sold by Rick Brown | Windermere Sequim East

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306 W First Street, Port Angeles, WA 98362 (MLS# 2303930) is a Multi-Family property that was sold at $1,225,000 on September 10, 2025. Want to learn more about 306 W First Street? Do you have questions about finding other Multi-Family real estate for sale in Port Angeles? You can browse all Port Angeles real estate or contact a Coldwell Banker agent to request more information.