Listed by Hidden Coast Homes
$639,900
$10K PRICE DROP

1320 3rd St Cosmopolis, WA 98537

Estimated payment $3,991/month

Total Views 1,361
5 Beds
9 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • 3-minute walk to Mill Creek Park
  • Vinyl Plank Flooring
  • Wood Siding

About This Home

Investor opportunity! Fully rented 9-unit multifamily property featuring 5 one-bedroom units and 4 studio units, plus 4 garage spaces, storage units, and on-site coin-op laundry for additional income potential. Current occupancy provides immediate rental income, with room to increase cash flow through strategic updates and future rent growth. Financials available to well-qualified buyers. Showings to be scheduled after accepted offer only. Please do not disturb residents.

Listing Agent

Karla Johnson

Hidden Coast Homes License #120445 Listed on: 06/25/2026

Co-Listing Agent

Sarah Demos

Hidden Coast Homes License #27734

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2545448

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,517

Year Built

  • Built in 1919

Parking

  • 4 Car Garage

Home Design

  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 9 Bathrooms

Utilities

  • Wall Furnace
  • Baseboard Heating

Additional Features

  • 2-Story Property
  • 11,520 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Cosmopolis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031004800300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,517

Year Built

Built in 1919

Lot Details

0.26 Acres

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1919
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 0
  • SOCComments: Half of the whole
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition, Flat
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Pillar/Post/Pier

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Furnace
  • Heating Yn: Yes
  • PowerCompany: GHPUD
  • SewerCompany: City of Cosmopolis
  • WaterCompany: City of Cosmopolis

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Cosmopolis
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 031004800300
  • Lot Size Acres: 0.2645
  • Lot Size Sq Ft: 11520
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 5.9
  • LeasedItems: None
  • TotalMonthlyIncome: 9059

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5517

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 2105
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,517 $531,601 $35,000 $496,601
2023 $3,020 $288,952 $35,000 $253,952
2022 $3,170 $262,852 $40,000 $222,852
2021 $3,375 $262,852 $40,000 $222,852
2020 $3,157 $262,852 $40,000 $222,852
2019 $2,637 $262,852 $40,000 $222,852
2018 $3,406 $235,549 $40,000 $195,549
2017 $3,358 $224,480 $40,000 $184,480
2016 $3,252 $224,480 $40,000 $184,480
2014 -- $225,000 $40,000 $185,000
2013 -- $225,000 $40,000 $185,000
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $649,000 None Listed On Document
Warranty Deed $235,900 Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $449,000 Seller Take Back
Previous Owner $175,000 Commercial
Previous Owner $212,300 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2545448

Northwest Multiple Listing Service (NWMLS)
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