Listed by Terrafin
$1,195,000

560 Point Brown Ave NE Ocean Shores, WA 98569

Estimated payment $6,786/month

Total Views 1,412
-- Bed
-- Bath
5,960 Sq Ft
$201 Price per Sq Ft

Highlights

  • Docks
  • Waterfront
  • No HOA
  • Golf Course View
  • Deck
  • Patio

About This Home

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 & one of the largest docks on the canal, which connects to Duck Lake. The golf course sits just down the street, with scenic views from every unit. Live in one, rent out the others - the sky’s the limit with tons of potential. Properties like this rarely come to market. Please do not walk property or disturb tenants, showings by appointment only.

Listing Agent

Melissa Goodnight

Terrafin License #115480 Listed on: 07/01/2025

Terrafin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2387893

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,323

Year Built

  • Built in 2000

Lot Details

  • 9,583 Sq Ft Lot
  • Waterfront

Property Views

  • Golf Course
  • Canal

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 5,960 Sq Ft Home
  • 3-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Docks
  • Deck
  • Patio

Schools

  • Ocean Shores Elementary School
  • North Beach Mid Middle School
  • North Beach High School

Utilities

  • Propane

Community Details

  • No Home Owners Association
  • Goodnight By The Sea Condos
  • Ocean Shores Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 090500001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,323

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2000
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Goodnight by the Sea
  • New Construction: No
  • CalculatedSquareFootage: 5960
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 50

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceramic Tile, Laminate
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Canal, Golf Course
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Low Bank, Canal Front, No Bank
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • PowerCompany: Grays Harbor PUD
  • SewerCompany: City of Ocean Shores
  • WaterCompany: City of Ocean Shores
  • InternetConnected: T-Mobile
  • WaterSewerGarbage: 3966

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 890
  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: North Beach
  • High School: North Beach High
  • Middle Or Junior School: North Beach Mid

Lot Info

  • Parcel Number: 090500001000
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Zoning Description: Commercial,Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Patio,Propane
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 10

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • GrossRentMultiplier: 16.26
  • LeasedItems: None
  • TotalMonthlyIncome: 338

Multi Family

  • Gross Scheduled Income: 73477
  • Net Operating Income: 4056
  • Number Of Units Total: 4
  • Electric Expense: 3302
  • Insurance Expense: 4595
  • Leasable Area: 5760
  • EnergySource: Electric,Propane
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 46

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5323

MLS Schools

  • Elementary School: Ocean Shores Elem

Map

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 Change Sq Ft Price
07/01/2025 07/01/25 For Sale $1,195,000 +36.6% $201 / Sq Ft
05/28/2021 05/28/21 Sold $875,000 0.0% $152 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $875,000 +236.5% $152 / Sq Ft
06/03/2013 06/03/13 Sold $260,000 -25.5% --
05/15/2013 05/15/13 Pending -- -- --
03/16/2013 03/16/13 For Sale $349,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2387893

Northwest Multiple Listing Service (NWMLS)