Courtesy: Keller Williams Olympic
360-477-9665
Joanne Soderlind
Turnkey multifamily investment opportunity in Port Angeles — 14 units across two tax parcels, 100% leased with zero vacancies, delivering immediate cash flow from day one. The 12-unit apartment building has had 8 of the units fully refreshed throughout, updated and move-in ready. A brand new roof was installed in 2024, protecting your investment from day one. A second parcel adds a single-family home and single-wide manufactured home, rounding out a diversified income portfolio. Several units are currently below market rent, offering strong upside potential through natural turnover — ideal for investors seeking a value-add play or 1031 exchange opportunity. The second parcel also carries potential for up to 7 additional units, subject to buyer verification with Clallam County, making this a compelling development opportunity in a supply-constrained market. Located in the heart of Port Angeles — gateway to Olympic National Park, minutes from the Strait of Juan de Fuca waterfront, downtown dining, and the Coho Ferry to Victoria, BC. Strong rental demand driven by tourism, healthcare, and a growing remote workforce makes this a high-visibility rental market with lasting fundamentals. Stabilized asset. Fully occupied. Renovation complete. Room to grow.
Courtesy: RE/MAX Evergreen
360-457-6600
David Ramey
Convenient location in the city core. Renter in 616 has a lease through March of 2027 and pays $1500 per month. Renter in 616 1/2 is on a 60 day notice by either party They rent the studio apartment above the garage and the garage for $1000 per month.Both buildings were freshly painted on the outside this past year. Showings to be arranged with tenants, see Agent remarks for contact info.
Courtesy: Sarbora, Inc.
206-351-2174
Dathan Myers
Rare opportunity to own a proven income-producing duplex on beautiful Lake Sutherland. Currently operating as a successful full-time Air bnb property, this three-unit waterfront retreat offers an established history of strong rental performance, with future bookings already secured for months ahead.Both rental units have been thoughtfully remodeled, with Unit 90 completed in May 2026. Recent upgrades include a new roof installed in 2026, along with numerous additional improvements throughout the property. Each rental unit is fully equipped with its own washer & dryer, hot tub, BBQ area, and an expansive approximately 580-square-foot lake-facing deck, creating an exceptional guest experience.The third unit has been reserved exclusively for private use and has never been rented. It is currently undergoing a full remodel, scheduled for completion prior to close of escrow. This unit also features its own private approximately 325-square-foot deck overlooking the lake. Buyers still have an opportunity to provide input on select finishing touches, making this a truly customizable investment opportunity. Sold furnished. Mallard Cove features a community swimming dock, boat dock, pond, waterfall, and ~350 ft of community waterfront. Shown by appointment only. Please do not disturb occupants or visit without a scheduled showing.
Courtesy: RE/MAX Evergreen
360-457-6600
Mark DeRousie
Well maintained and updated centrally located 12 unit. 2022 new exterior paint, New Vinyl windows, repaved parking lot. New roof 2013 and new individual breaker boxes in all units 2024
Courtesy: Keller Williams Olympic
360-477-9665
Marjorie Sutter
Unique Multi-Family Property in Port Angeles! This single-family home, including its detached garage, was efficiently renovated and converted into three separate rentable units. Perfect for investors or multi-generational living. Main house, with cozy fireplace and enclosed outdoor patio, has an attached apartment with private rear entry. The first unit, located in the front portion of the main house, has 1 bedroom, 1 full bath, kitchen w/ eating space, living room, washer + dryer. Second unit, in the rear portion of the main house, has 2 bedrooms + 3/4 bath, one bedroom having been converted into the kitchen area complete with range/oven, fridge and full-sized sink. Third unit is the detached garage conversion, complete with kitchenette and 3/4 bath boasting a beautiful mosaic river-rock shower and live-edge kitchen countertop. Generating approximately $3400/month in rental income. Apartment & garage studio access a shared washer/dryer on covered back patio. Don't miss this high-yield opportunity!
Courtesy: John L. Scott, Inc
253-852-9200
Jonathan Bye
The Morning Apartments is a 12-unit community located in Downtown Port Angeles. Originally built in 1953, significant improvements have been made on the property in order for it to perform as well as it does. Units have all been freshly renovated while preserving the historic charm of wood cabinetry & hardwood floors. Morning Glory consists of nine one-bedroom,one-bathroom units averaging ±711 square feet & two two-bedroom, one-bathroom units averaging ±988 square feet, and one three bedroom, one-bathroom unit of approximately 968 square feet. The apartment has two shared washers and two shared dryers. At a purchase price of $1,600,000, Morning Glory offers great value to a buyer at $133,333 per unit, $171 per foot, with solid operations.
Courtesy: Windermere Real Estate Co.
206-448-6000
Brooks Glenn
Discover a one-of-a-kind investment opportunity in the vibrant heart of downtown Port Angeles. 5-unit apt bldg, w/ BONUS commercial spaces ready to unlock additional income, plus an included adjacent lot for future expansion. Steps from the sparkling waterfront, unbeatable access to the marina, shops, ferries, and mountain views. Whether you're seeking a dynamic portfolio addition, a savvy vacation investment, or a live-and-earn setup, this property is brimming with possibility. Reimagine the commercial spaces as creative studios, boutique storefronts, or additional rentals. Imagine the use of the extra lot. It's not just real estate—it’s potential waiting to happen, right in one of the Pacific Northwest’s most beloved coastal destinations.
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Port Angeles is located in Washington. Port Angeles, Washington has a population of 19,888. Port Angeles is more family-centric than the surrounding county with 23.91% of the households containing married families with children. The county average for households married with children is 18.88%.
The median household income in Port Angeles, Washington is $53,690. The median household income for the surrounding county is $60,044 compared to the national median of $69,021. The median age of people living in Port Angeles is 41.2 years.
The average high temperature in July is 69.1 degrees, with an average low temperature in January of 34.6 degrees. The average rainfall is approximately 35.5 inches per year, with 3.3 inches of snow per year.
