$1,195,000
560 Point Brown Ave NE, Ocean Shores, WA 98569
Rare opportunity to own a canal-front 4-plex in the heart of Ocean Shores. Commercial Zoning allows for short-term rentals, making this a standout investment. Three units are currently operating as short-term vacation rentals, while one upper unit is leased long-term. All feature spacious, open layouts. Upper units offer private balconies with water views; the lower daylight unit opens to a patio
Melissa Goodnight Terrafin
Explore Ocean Shores
$990,000
1029 S Sand Dune Ave SW, Ocean Shores, WA 98569
Oceanfront tri-plex in Ocean Shores with panoramic sunset views from three ocean-facing decks. Two units are rented to long-time tenants, providing stable and reliable income. The third unit is available, perfect for full-time living, a vacation getaway, or additional rental income. Fully occupied, the property offers a 6.2% cap rate. Located in a peaceful, non-short-term rental area, it's ideal
Palmer Higa BHGRE - Northwest Home Team
$1,685,000
131 Barnacle St Unit 1-8, Ocean City, WA 98569
Here is your chance to own the most popular short term rentals in the heart of Ocean Shores! This turnkey business has exceptional occupancy rates and glowing reviews, making it a stellar investment. Nestled amidst popular restaurants, diverse shopping, and just a 10-minute walk from the beach and the Convention Center, this property is perfectly situated to attract a steady stream of guests.
Elena Karpova Torre Realty
$749,900
621 Sunset Ave NE, Ocean Shores, WA 98569
This well-maintained 6-unit apartment building, situated on two stories, offers a fantastic investment opportunity with a solid rental history and minimal vacancies. Each of the six units is approximately 900 square feet, featuring two bedrooms, one bath, and essential appliances, including a range and refrigerator. Tenants also benefit from ample parking, ensuring convenience for all. Located
Cindy Thuirer North Beach Realty OS LLC
$770,000
665 Sunset Ave NE, Ocean Shores, WA 98569
Multi Family Investment property in Ocean Shores! Exciting opportunity on this popular townhome style 4 unit building with room to expand. Smart investors know that if you can add a bedroom that brings more income. These 4 units each have 2bed/1.5 bath & a garage so the owner has converted the garage in 1 unit to add a 3rd bedroom. This will be a good way to increase the value & add to the
David Shea Washington Coast Real Estate
$1,700,000 New Construction
768 Point Brown Ave SE, Ocean Shores, WA 98569
Recently completed in Ocean Shores, WA, this multi-plex features four spacious townhome units. The two rear units are waterfront, 1,980 sq ft, 3 bedrooms & 3.5 baths. The front units, each 1,337 sq ft, feature 3 bedrooms & 2.5 baths. Every unit boasts high-end builder model finishes, including designer cabinetry, luxury vinyl plank flooring, quartz countertops, & soaring vaulted ceilings.
Kim Emmons John L. Scott, Inc.
Ocean Shores, WA, is a coastal town known for its extensive beach, bay, and lake access, drawing millions of tourists annually. Situated on a peninsula with the Pacific Ocean to the west and Grays Harbor to the east, it also features Duck Lake and a canal system, offering abundant water views and recreational opportunities. The community, with a population of approximately 7,600, is noted for its low crime rate, safer than the national average. Outdoor enthusiasts can enjoy 6 miles of ocean beach, razor clam digging, bird watching, and hiking trails like the Weatherwax Trail, which offers forest walks and views of Duck Lake. The Ocean Shores Community Club provides indoor recreation, while the Quinault Rain Forest Trail in the Olympic National Forest is about 40 miles away. The town's residential areas feature contemporary coastal homes and New Traditionals, many with water views, developed primarily from the 1980s onward. Point Brown Avenue is the hub for local dining and shopping, with options like Galway Bay Irish Pub and Ocean Beach Roasters, as well as art galleries such as Fusions Gallery. Attractions include Pacific Paradise amusement center and the annual Razor Clam and Seafood Festival at the Ocean Shores Convention Center. Ocean Shores is about 25 miles from Aberdeen and 75 miles from Olympia, with public transportation provided by Grays Harbor Transit. The nearest hospital is 20 miles away, and Seattle–Tacoma International Airport is approximately 120 miles from the town.
On average, homes in Ocean Shores, WA sell after 89 days on the market compared to the national average of 70 days. The median sale price for homes in Ocean Shores, WA over the last 12 months is $367,000, down 12% from the median home sale price over the previous 12 months.
In Ocean Shores, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $749,900 to $1,700,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Ocean Shores is $398,500, while the average sale price is $393,099, offering insights into the local housing market. On average, multi-family homes spend 89 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Ocean Shores, WA.
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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 by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
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