NOT LISTED FOR SALE

671 Sunset Ave NE Unit 1-4 Ocean Shores, WA 98569

8 Beds
4 Baths
3,368 Sq Ft
10,019 Sq Ft Lot

Last Sold March 26, 2025

Last sale price $758,000 $225 Per Sq Ft

309 Days on Market

Highlights

  • Golf Course Community
  • Territorial View
  • Thermal Windows
  • Deck
  • No HOA
  • 3-minute walk to North End Grand Canal Park

About This Home

As of March 2025

Rare 4Plex Multi Family Opportunity in Ocean Shores! Looking for a solid way to get passive income? Don't miss out on this smart long term investment! Two story building built in 2000 with a total of 3,368 SF & 4 units each 2 bed/1bath at 842 SF. Apartments have excellant layouts, private decks/ balconies & each unit has their own laundry room. Low maintenance vinyl siding, may updates have been completed & parking lot for tenants. Centrally located in Ocean Shores on a quiet street & all amenities are within walking distance to downtown as well as the beach, canals & lakes. Excellent ROI & will be able to likely increase in the future! What a great investment to help hedge inflation for your investments & create passive income.

Last Agent to Sell the Property

David Shea

Washington Coast Real Estate License #77524 Listed on: 03/06/2024

Last Buyer's Agent

David Shea

Washington Coast Real Estate License #77524 Listed on: 03/06/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2207497

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,230

Year Built

  • Built in 2000

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 3,368 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

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

Utilities

  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block LOT 6 / BLK 12
  • Assessor Parcel Number 095101200600

Community Details

Overview

  • No Home Owners Association
  • Div 24 Condos
  • Ocean Shores Subdivision

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,230

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: Sold
  • Prev Status: Closed
  • Building Name: DIV 24
  • New Construction: No
  • CalculatedSquareFootage: 3368
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 428

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Ceramic Tile, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Community Golf Course, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Metal/Vinyl, Wood
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame
  • WaterAccess: Non-Deeded Access

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: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: GH PUD
  • SewerCompany: City of Ocean Shores
  • WaterCompany: City of Ocean Shores
  • CableConnected: Coastal Communications
  • InternetConnected: Coastal Communications
  • WaterSewerGarbage: 6120

Condo/Co-op/Association

  • Community Features: Golf
  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 095101200600
  • Lot Size Acres: 0.23
  • Lot Size: 80x125
  • Lot Size Sq Ft: 10019
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Outbuildings
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: City
  • LotNumber: LOT 6

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.71
  • LeasedItems: None
  • TotalMonthlyIncome: 4550

Multi Family

  • Gross Scheduled Income: 54600
  • Net Operating Income: 43722
  • Number Of Units Total: 4
  • Insurance Expense: 1400
  • Leasable Area: 3368
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 100

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3230

MLS Schools

  • Elementary School: Ocean Shores Elem

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
03/26/2025 03/26/25 Sold $758,000 -2.8% $225 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
10/23/2024 10/23/24 For Sale $779,900 0.0% $232 / Sq Ft
10/18/2024 10/18/24 Off Market $779,900 -- --
08/09/2024 08/09/24 For Sale $779,900 +2.9% $232 / Sq Ft
08/06/2024 08/06/24 Off Market $758,000 -- --
07/05/2024 07/05/24 Price Changed $779,900 +0.6% $232 / Sq Ft
03/06/2024 03/06/24 For Sale $775,000 -- $230 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2207497

Northwest Multiple Listing Service (NWMLS)