Listing provided courtesy of Windermere R.E. Ocean ShoresNWMLSas Distributed by MLSGrid- MLS# NWM2517765MLS Provider

1042 Point Brown Avenue SE #A & BOcean Shores, WA 98569

Multi-Family · 4 Beds · 3,192 Sq. ft. | 0.21 Acres
$798,000 Active

1042 Point Brown Avenue SE #A & B Overview

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Incredible investment opportunity in a Qualified Business Opportunity Zone! Talk to your CPA about potential tax benefits! This duplex was fully remodeled inside and out in 2023! New roof, siding, paint, fire sprinkler system, 208 sq. ft. private dock, and full interior remodel! The property is zoned commercial so the options are endless. Currently in use as an Airbnb with 5* ratings over the past two years! Or use one unit as a primary residence & the other as a rental. Also ideal for live/work space. Live in one unit and convert the other unit to business space. The ideas for use are abundant for this property! This duplex is canal front on the Grand Canal, with access to 23 miles of fresh waterways. Location is close to the Fish Hook Canal, leading to Duck Lake. Walk into a new home, a business opportunity, or both. High quality finishes throughout both units. Quartz countertops, beautiful cabinetry, custom tile work in kitchens and bathrooms, ductless heat and A/C in Unit B, and both units have laundry facilities. No detail was missed in the remodel. Both units have canal views. There are also ocean views in the upper unit. Game room in lower unit. Unit A also has an EV charger. Parking is ample. The back yard is mostly fenced, offering privacy from neighbors. Hot tub pads have been poured and electrical disconnects are on the rear of the structure, ready to go. Too much to mention. Take the virtual tour to see more of this amazing property!

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1042 Point Brown Avenue SE #A & B Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,192
  • Price/Sq.ft. $250
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: North Beach
  • Elementary School: Ocean Shores Elem
  • Middle Or Junior School: North Beach Mid
  • High School: North Beach High

Income/Expenses

  • Other Expense: 2904
  • Electric Expense: 2100.6
  • Fuel Expense: 0
  • Gross Scheduled Income: 182500
  • Insurance Expense: 1905
  • Net Operating Income: 141838
  • Total Expenses: 13286.74
  • Total Monthly Income: 15200
  • Water/Sewer/Garbage: 2711.34

Building Information

  • Building Name: 15
  • New Construction: No
  • Year Built: 1988

Location/Region

  • Country: US
  • County Or Parish: Grays Harbor
  • MLS Area Major: 194 - Ocean Shores
  • Subdivision Name: Ocean Shores

Community/Development

  • Amenities: Fire Sprinklers

Tax Information

  • Tax Annual Amount: $3,665.80
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA
  • Parcel Number: 092900013000
  • Possible Use: Business,Commercial,Multi-Family,Office,Residential,Retail
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3192
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3192
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Vinyl Plank
  • Foundation Details: Slab
  • Heating: Yes
  • Leasable Area: 3192
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 2

Unit Information

  • Unit Number: A & B

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: RV Parking
  • Parking Total: 8
  • Parking Uncovered Total: 8

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.21
  • Lot Size Dimensions: Approx. 62' x 150'
  • Lot Size Square Feet: 9148
  • Lot Size Units: Square Feet
  • Pool Type: Community
  • Site Features: Deck, Dock, Electric Car Charging, Fenced-Partially, High Speed Internet, Patio, RV Parking
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Medium Bank, Canal Front
  • Waterfront: Yes

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement Planked, Wood
  • Number Of Units Total: 2
  • Pool Features: Community
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 2

Unit 2 Details

  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 2

1042 Point Brown Avenue SE #A & B Neighborhood

Community

98569 (Ocean Shores) Demographics

62
Median Age
168
Population Density (per sq. mile)
30%
College Educated
$47,399
Estimated Median Income
2,674
Estimated Total Home Owners
739
Estimated Total Renters
78% / 22%
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.

1042 Point Brown Avenue SE #A & B 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.

1042 Point Brown Avenue SE #A & B Market Data

Based on the last 30 days in this zip code

$422,159
Average List Price
$294
Average Price per Square Foot
28
Properties Sold
119
Average Days on Market
354
Properties for Sale
Calculations provided by Reliance Network

1042 Point Brown Avenue SE #A & B History

Date Event Value Agent
5/6/2026Source: NWMLS Added to Database
May 06, 2026
5/6/2026Source: NWMLS Added to Database
May 06, 2026