James & Angie Smith

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Listing provided courtesy of Windermere Real Estate Co.NWMLSas Distributed by MLSGrid- MLS# NWM2390433MLS Provider

314 W First StreetPort Angeles, WA 98362

Multi-Family · 6 Beds · 11,370 Sq. ft. | 0.16 Acres
$1,210,000 Active

314 W First Street Overview

Visits:
18

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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314 W First Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 11,370
  • Price/Sq.ft. $106
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Port Angeles

Income/Expenses

  • Other Expense: 500
  • Electric Expense: 900
  • Fuel Expense: 0
  • Gross Scheduled Income: 69360
  • Insurance Expense: 5623
  • Net Operating Income: 0
  • Total Expenses: 17976
  • Total Monthly Income: 0
  • Water/Sewer/Garbage: 5220

Building Information

  • New Construction: No
  • Year Built: 1912

Location/Region

  • Country: US
  • County Or Parish: Clallam
  • MLS Area Major: 921 - Central East Port Angeles
  • Subdivision Name: Port Angeles

Tax Information

  • Tax Annual Amount: $5,733.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash Out, Conventional
  • Parcel Number: 0630000034100000
  • Possible Use: Commercial,Multi-Family,Residential
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 11370
  • Building Area Units: Square Feet
  • Calculated Square Footage: 11370
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood
  • Foundation Details: Pillar/Post/Pier, Poured Concrete
  • Heating: Yes
  • Leasable Area: 11370
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 0
  • Open Parking: No
  • Parking Total: 0
  • Parking Uncovered Spaces: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1605
  • Lot Size Dimensions: 50x140
  • Lot Size Square Feet: 6993
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Methods: Post & Beam
  • Roof: Composition
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Number Of Units Total: 6
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Unit Type: 1 bed 1 bath
  • Actual Rent: 1000
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Unit Type: 1 bed 1 bath
  • Actual Rent: 1100
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Unit Type: 1 bed 1 bath
  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Unit Type: 1 bed 1 bath
  • Actual Rent: 890
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Unit Type: 2 bed 2 bath
  • Actual Rent: 1600
  • Beds Total: 2
  • Baths Total: 2

Unit 6 Details

  • Unit Type: mixed

314 W First Street Neighborhood

Community

98362 (PORT ANGELES) Demographics

48
Median Age
114
Population Density (per sq. mile)
42%
College Educated
$53,743
Estimated Median Income
7,055
Estimated Total Home Owners
3,660
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

314 W First Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

314 W First Street Market Data

Based on the last 30 days in this zip code

$647,774
Average List Price
$307
Average Price per Square Foot
37
Properties Sold
74
Average Days on Market
128
Properties for Sale
Calculations provided by Reliance Network

314 W First Street History

Date Event Value Agent
6/10/2025Source: NWMLS Added to Database
June 10, 2025
6/6/2025Source: NWMLS Added to Database
June 06, 2025