560 Point Brown Avenue NE Ocean Shores, WA $ 1,195,000
560 Point Brown Avenue NE
$ 1,195,000
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560 Point Brown Avenue NE

Ocean Shores, WA, 98569
$ 1,195,000
Baths0.0 Sq 5,960

Monthly Estimate*

$ 7,455

Listed by Terrafin
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Studio

Multi-Family Home for sale in Ocean Shores, WA

for $1,195,000. This 5,960 square foot home was built in 2000 on a lot size of 0.22.

Rare opportunity to own a canal-front 4-plex in the heart of Ocean Shores. Commercial Zoning allows for short-term rentals, making this a standout investment. Three units are currently operating as short-term vacation rentals, while one upper unit is leased long-term. All feature spacious, open layouts. Upper units offer private balconies with water views; the lower daylight unit opens to a patio & one of the largest docks on the canal, which connects to Duck Lake. The golf course sits just down the street, with scenic views from every unit. Live in one, rent out the others - the sky’s the limit with tons of potential. Properties like this rarely come to market. Please do not walk property or disturb tenants, showings by appointment only.

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Multi-Family Active

Price

$ 1,195,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,323

Style

4-Plex

Lot Size

0.22

Year Built

2000

Town/City

Ocean Shores

County/Region

Grays Harbor

MLS | Web ID

2387893

Features
General
Living Area 0
Sewer Sewer Connected
Cooling None
Possession Negotiable See Remarks Subject to Tenant Rights
Roof Composition
HOA Fee 0
Year Built 2000
View Canal Golf Course
Property Subtype Multi Family
Tax Year 2024
Waterfront Features Low Bank Canal Front No Bank
Building Name Goodnight by the Sea
County Grays Harbor
Net Operating Income 4056
Insurance Expense 4595
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Ocean Shores
Possible Use Commercial Multi-Family
Special Listing Conditions None
Status Active
Directions Enter Ocean Shores follow Point Brown Ave Continue South past roundabout. Continue past Ace Hardware & Movie Theatre Property will be on left look for Goodnight by the Sea sign.
High School North Beach High
City Ocean Shores
Senior Community Y/N N
High School District North Beach
Zoning Description Commercial Multi-Family
Open Parking Spaces 8
Number Of Units Total 4
MLS Area 194 - Ocean Shores
Lot Size Units Square Feet
Lot Size Square Feet 9583
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Ocean Shores Elem
Tax Annual Amount 5323
Electric Expense 3302
Fuel Expense 890
Middle/Junior High School North Beach Mid
Public Remarks Rare opportunity to own a canal-front 4-plex in the heart of Ocean Shores. Commercial Zoning allows for short-term rentals making this a standout investment. Three units are currently operating as sh
Leasable Area 5760
Virtual Tour https://my.matterport.com/show/?m=ForC9TLoBLH&mls=1
Structure Type Quadruplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company City of Ocean Shores
Units Below Grade true
Units In Building Total 4
Water Sewer Garbage 3966
Property Style 54 - 4-Plex
Cap Rate 0.4
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Interior
Interior Amenities Ceramic Tile Laminate
Flooring Ceramic Tile Laminate
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Propane
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Exterior Amenities Cement/Concrete
Lot Features Paved
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 5960
Lot Size Acres 0.22
Waterfront Y/N Y
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Dock Patio Propane
Parking Uncovered Spaces 8
Lot Number 10
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Internal Only
OriginalMLSID NWM2387893
Street Number 1 560
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* Excluded Features
List By
Melissa Goodnight

Listing Agent

Terrafin

Broker

Affordability Calculator

$7,899
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,455
Monthly Property Taxes
$444
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256833 Elementary School
258632 Middle School
North Beach High High School
Pricing History
DatePricePrice ChangeDescription
7/2/2025$1,195,000 Listed Price

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560 Point Brown Avenue NE, Ocean Shores, WA, 98569 is a Multi-Family Home for sale at $1,195,000 with 5,960 sqft and a lot size of 0.22. 560 Point Brown Avenue NE is a studio with 0.0 baths and was built in 2000. The property's zip code is 98569 which is in Ocean Shores, WA