Ocean Shores, WA 98569 1029 S Sand Dune Avenue SW

$990,000

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Presented By: BHGRE – Northwest Home Team and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2378514
  • 05/21/2025
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  • SQFT • 5,698

Home Details

Oceanfront tri-plex in Ocean Shores offering strong income performance and stunning sunset views from three ocean-facing decks. Two units are occupied by long term (9+ years) tenants and the third unit just started a 1 year lease. Fully rented, the property now delivers a solid 6.7% cap rate. Located in a quiet, non-short term rental area, it offers stable, long-term rental appeal. An excellent option for investors seeking a turnkey asset and ideal for those identifying a replacement property for a 1031 exchange.
Presented By: BHGRE – Northwest Home Team and NWMLS

Interior Features for 1029 S Sand Dune Avenue SW

Bedrooms

Bedrooms Possible0
Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Laminate, Vinyl, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3

General for 1029 S Sand Dune Avenue SW

Building Area UnitsSquare Feet
Cap Rate6.7
Carport Spaces
Carport Y/NNo
CityOcean Shores
CoolingNone
CountyGrays Harbor
DirectionsFrom Point Brown Ave, R at roundabout onto W Chance, L on Ocean Shores Blvd approx. 4 miles to home on R.
Electric Expense
Elementary SchoolOcean Shores Elem
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High SchoolNorth Beach High
High School DistrictNorth Beach
Insurance Expense5665
Leasable Area5698
Listing TermsCash Out, Conventional
Lot Size Square Feet13939
Lot Size UnitsSquare Feet
MLS Area194 – Ocean Shores
Middle/Junior High SchoolNorth Beach Mid
ModificationTimestamp2025-08-14T19:13:11.641Z
NWM_ShowMapLinkY
Net Operating Income66530
New ConstructionNo
Number Of Units Total3
Open Parking Spaces6
PossessionClosing
Possible UseResidential
Property Style53 – Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksOceanfront tri-plex in Ocean Shores offering strong income performance and stunning sunset views from three ocean-facing decks. Two units are occupied by long term (9+ years) tenants and the third u
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameOcean Shores
Tax Annual Amount5363
Tax Year2025
Units Below Gradefalse
Units In Building Total3
ViewOcean
Virtual TourClick here
Water CompanyCity of Ocean Shores
Water Sewer Garbage2880
Year Built2005
Zoning DescriptionResidential

Exterior for 1029 S Sand Dune Avenue SW

Building Area Total5698
Covered Spaces3
Exterior AmenitiesCement Planked
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesAdjacent to Public Land, Paved
Lot Size Acres0.32
Parking Uncovered Spaces6
Site FeaturesDeck, Propane, Rooftop Deck
Total Parking9
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

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

Josh QA1

REALTOR ® SRES ®
Price $990,000
MLS#2378514
List Date 05/21/2025
Property Type Multi-Family
Phone 925.123.4567
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