Listed by Better Properties NW
NOT LISTED FOR SALE

2938 2934 E Walnut St Port Angeles, WA 98362

-- Bed
-- Bath
11,320 Sq Ft
0.82 Acres

Last Sold October 26, 2023

Last sale price $2,050,000 $181 Per Sq Ft

117 Days on Market

Highlights

  • 0.82 Acre Lot
  • No HOA
  • Wall to Wall Carpet
  • Secluded Lot
  • Wood Siding

About This Home

As of October 2023

Rare 14-unit complex in Port Angeles. Extremely low vacancy rate in port Angeles makes this property a prime investment opportunity! This property consists of two 6-unit buildings, one house, and one mobile. Sits at a 7.6 cap and is below market rents can easily be pushed to an 8-cap property! Over 200k spend hooking up all 4 structures to sewer, 3 new sewer connections with an increased size connection of the sewer to the manufactured home to allow for a 4 plex. The house has recently been remodeled with new windows, new paint, new kitchen cabinets and counters, flooring. 7 units have been updated and the remaining 5 were lightly refreshed. The vacancy rate is very low and these units are hardly ever empty. Onsite coin op laundry.

Last Agent to Sell the Property

Andre Scott

Better Properties NW License #110296 Listed on: 03/31/2023

Better Properties NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2051037

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,438

Year Built

  • Built in 1972

Lot Details

  • 0.82 Acre Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Value in Land
  • Property is in good condition

Home Design

  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 11,320 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 17 Parking Spaces
  • Open Parking

Schools

  • Stevens Mid Middle School
  • Port Angeles High School

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Northeast Port Angeles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0530075410800000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,438

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1972
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 11320
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved, Secluded, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Post & Pillar, Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: No
  • Open Parking Spaces: 11
  • Open Parking: Yes
  • Total Parking Spaces: 17
  • ParkingUncoveredSpaces: 11

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: City of Port
  • SewerCompany: City of Port Angeles
  • WaterCompany: City of Port
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Port Angeles
  • High School: Port Angeles High
  • Middle Or Junior School: Stevens Mid

Lot Info

  • Parcel Number: 0530075410800000
  • Lot Size Acres: 0.8192
  • Lot Size: 35683
  • Lot Size Sq Ft: 35683
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 17517

Multi Family

  • Net Operating Income: 163182
  • Number Of Units Total: 14
  • Insurance Expense: 8281
  • Leasable Area: 9936
  • EnergySource: Electric
  • UnitsInBuildingTotal: 14
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7438
  • AdditionalTaxIds: 053007541010000,3530075454780000

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $2,050,000 -4.7% $181 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $2,150,000 0.0% $190 / Sq Ft
06/22/2023 06/22/23 Off Market $2,150,000 -- --
06/13/2023 06/13/23 Price Changed $2,150,000 -2.3% $190 / Sq Ft
06/01/2023 06/01/23 Price Changed $2,200,000 -2.2% $194 / Sq Ft
05/16/2023 05/16/23 Price Changed $2,250,000 -2.2% $199 / Sq Ft
04/20/2023 04/20/23 Price Changed $2,300,000 -4.2% $203 / Sq Ft
03/31/2023 03/31/23 For Sale $2,400,000 -- $212 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Andre Scott

    Better Properties NW

    (253) 202-1454

    1 in this area

    81 Total Sales

    Andre Scott
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2051037

Northwest Multiple Listing Service (NWMLS)
Washington Clallam County Port Angeles 98362

2938 2934 E Walnut St, Port Angeles, WA

This home is located at 2938 2934 E Walnut St, Port Angeles, WA 98362 since 31 March 2023. This property was built in 1972. 2938 2934 E Walnut St is a home located in Clallam County with nearby schools including Roosevelt Elementary School, Stevens Middle School, and Port Angeles High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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.
Based on information submitted to the MLS GRID

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