1042 Point Brown Avenue SE # A & B Ocean Shores, WA $ 798,000
1042 Point Brown Avenue SE # A & B
$ 798,000
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1042 Point Brown Avenue SE # A & B

Ocean Shores, WA, 98569
$ 798,000
Baths0.0 Sq 3,192

Monthly Estimate*

$ 4,913

Listed by Windermere R.E. Ocean Shores
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View a Virtual Tour
Studio

Multi-Family Home for sale in Ocean Shores, WA

for $798,000. This 3,192 square foot home was built in 1988 on a lot size of 0.21.

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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Multi-Family Active

Price

$ 798,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,665

Style

Duplex

Lot Size

0.21

Year Built

1988

Town/City

Ocean Shores

County/Region

Grays Harbor

MLS | Web ID

2517765

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless Wall Furnace
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Pool Features Community
Security Features Partially Fenced
Year Built 1988
View Bay Canal Ocean Partial Territorial
Unit Number A & B
Property Subtype Multi Family
Tax Year 2026
Waterfront Features Medium Bank Canal Front
Building Name 15
County Grays Harbor
Net Operating Income 141838
Insurance Expense 1905
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Ocean Shores
Possible Use Business Commercial Multi-Family Office Residential Retail
Special Listing Conditions None
Status Active
Directions Enter town traveling South on Point Brown; at traffic circle take second exit to remain on Point Brown. Property is the last developed property on the left side of Point Brown.
High School North Beach High
City Ocean Shores
Senior Community Y/N N
High School District North Beach
Zoning Description Business Commercial Multi-Family Office Residential Retail
Number Of Units Total 2
MLS Area 194 - Ocean Shores
Lot Size Units Square Feet
Lot Size Square Feet 9148
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA
Elementary School Ocean Shores Elem
Tax Annual Amount 3665.8
Electric Expense 2100.6
Fuel Expense 0
Middle/Junior High School North Beach Mid
Property Condition Updated/Remodeled
Public Remarks 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 p
Leasable Area 3192
Virtual Tour https://my.matterport.com/show/?m=bJh3hF2XdaL&mls=1
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Fire Sprinklers
Water Company City of Ocean Shores
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2711.34
Property Style 52 - Duplex
Cap Rate 17.77
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Exterior
Exterior Amenities Cement Planked Wood
Parking Features RV Parking
Lot Features Paved
Water Source Public
Total Parking 8
Foundation Details Slab
Building Area Total 3192
Lot Dimensions Approx. 62' x 150'
Lot Size Acres 0.21
Waterfront Y/N Y
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Dock Electric Car Charging Fenced-Partially High Speed Internet Patio RV Parking
Pool Type Community
Parking Uncovered Total 8
Lot Number 130
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Interior
Flooring Ceramic Tile Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2517765
Street Number 1 1042
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* Excluded Features
List By
Dina Knaak

Listing Agent

Windermere R.E. Ocean Shores

Broker

Affordability Calculator

$5,219
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,913
Monthly Property Taxes
$305
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/6/2026$798,000 Listed Price

Map


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1042 Point Brown Avenue SE # A & B, Ocean Shores, WA, 98569 is a Multi-Family Home for sale at $798,000 with 3,192 sqft and a lot size of 0.21. 1042 Point Brown Avenue SE # A & B is a studio with 0.0 baths and was built in 1988. The property's zip code is 98569 which is in Ocean Shores, WA