Listing provided courtesy of North Beach Realty OS LLCNWMLSas Distributed by MLSGrid- MLS# NWM2499367MLS Provider

555 Sunset Avenue NEOcean Shores, WA 98569

Multi-Family · 8 Beds · 3,952 Sq. ft. | 0.23 Acres
$578,000 Active

555 Sunset Avenue NE Overview

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Great opportunity to own an income-producing investment at the beach! This well-located 4-plex ideally located close to beach approaches, canals, and Damon Point. Each unit features 2 bedrooms and 1.5 baths, The half bath is off the primary bedroom. Functional layouts include full kitchens with all appliances, Dining room, spacous living room with fireplace, plus washer/dryers in every unit. all units are approx 988 Sqft. Tenants enjoy the balconies and small patio spaces, adding to long-term rental appeal. Strong income-producing property with consistent rental demand in a desirable coastal market—excellent opportunity for investors or owner-users looking to build equity at the beach.

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555 Sunset Avenue NE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,952
  • Price/Sq.ft. $146
  • Lot 0.23 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: 9373
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 52980
  • Insurance Expense: 0
  • Net Operating Income: 40440
  • Total Expenses: 12540
  • Total Monthly Income: 4415
  • Water/Sewer/Garbage: 0

Building Information

  • Building Name: Div 24
  • New Construction: No
  • Year Built: 1974

Location/Region

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

Tax Information

  • Tax Annual Amount: $3,167.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 095101203700
  • Possible Use: Multi-Family
  • 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: 3952
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3952
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl, Carpet
  • Foundation Details: Poured Concrete, Slab
  • Heating: Yes
  • Leasable Area: 3952
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 4
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.23
  • Lot Size Square Feet: 10019
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Metal/Vinyl, Wood Products
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1050
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1200
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1200
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 965
  • Beds Total: 2
  • Baths Total: 1

555 Sunset Avenue NE 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.

555 Sunset Avenue NE 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.

555 Sunset Avenue NE 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

555 Sunset Avenue NE History

Date Event Value Agent
3/31/2026Source: NWMLS Added to Database
March 31, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021