2917 Peabody Street

Exceptional investment opportunity with two well-cared-for homes on one property, offering flexible options: rent both for strong monthly income, or live in one while the other helps offset your mortgage. With separate utility meters, proven rental history, and thoughtful improvements, this is a rare turnkey setup near the Olympic National Park entrance. The main home is a 1,094 sq ft and features a recently replaced roof, new crawlspace insulation, double-pane windows, and a spacious layout with a large living room, kitchen with dining area, primary bedroom with ensuite half bath, two guest bedrooms, and a full bath. Currently rented for $1,950/month, with tenants who would love to stay as their lease converts to month-to-month in May. A workshop off the carport with a subpanel. The back home, believed built in the 1950s, has been recently remodeled with LVP flooring, fresh paint, updated light fixtures, a refreshed kitchen, and a new composition roof layer. This one-level 2-bed/1-bath, 808 sq ft home includes its own carport space with storage and a welcoming outdoor sitting area. Both homes enjoy partial views of the Strait of Juan de Fuca and the Olympic Mountains, plus ample on-site parking with fresh gravel. Additional improvements include some updated electrical and plumbing, and all appliances are included. Easy to manage while maximizing rental income. Strong rental performance, flexible living options, and year-round demand make this a prime long-term investment.