Movoto Real Estate
Sold on 07/11/2023

1045 S Third Ave, Sequim, WA 98382

  • $776,000

    Last sold 07/11/2023 for $2.16M

  • bed

  • bath

  • 12,661

    Sqft ($171/Sqft)

House not for sale
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About 1045 S Third Ave

Property type House
Neighborhood
Year built 1991
HOA fee $0/month
Lot size 2.86 Acre
Movoto estimate
Property description
Two 4-plexes & two duplexes (12 units total) plus space on 2.86 acre to develop at least one more 4-plex within the city limits of Sequim. 864 SF shop/garage included. Six of the units are 2 BR & the other six are 1 BR but each of the 1 BR units has a partition which allows for 2nd BR in each & plumbing off each partition area if a 2nd bath is desired. Total income of $189,000 annually. Annual expenses of $40,604 for taxes, insurance, H2O, sewer, garbage. One meter for H20/Sewer. Tenants pay electricity.
Listed by
Listing Agent - Michael McAleer
Listing Office - RE/MAX Prime
Source: NWMLS mls logo
MLS#2070423 • last updated 2 years ago
Movoto checked NWMLS for data 19 minutes ago
Overview
Cooling/AC Ductless HP-Mini Split
Heating Baseboard
Levels/Style Multi Family
MLS # 2070423
SubType Multi-Family
Type Residential Income
SqFt 12661
Status Sold
Lot Size (SqFt) 124582
Lot Size (Acres) 2.86
Property Tax 18876
Buying Office RE/MAX Prime
Year Built 1991
Buying Office Phone 360-683-1500
Exterior
Roof Composition
# Carport Spaces 12
# Parking Spaces 12
Exterior Features See Remarks
Amenities / Utilities
Sewer/ Septic Sewer Connected, City Of Sequim
Water Public
Water Company City Of Sequim
Power Company Clallam PUD
Power Production: Type Electric
Location
View City
County Clallam
Subdivision Sequim
Area 917 - Southwest Sequim
Elementary School Buyer To Verify
Middle School Sequim Mid
High School District Sequim
High School Sequim Snr High
APN 330305310353030
Zoning Multi-Family
Multifamily Details
Net Operating Income 150796
Capitalization Rate 6.1
Expense: Insurance 6306
Gross Scheduled Income 191400
Gross Adjusted Income 191400
Total Expenses 40604
Gross Rent Multiplier 13
  • Sep 2023
    mls logo MLS # 2070423
  • Sep 25, 2023 Sold
    $2,168,300 (-12.0%)
  • Jul 11, 2023 Pending
  • May 23, 2023 Listed
    $2,462,673

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Nearby homes for sale in Sequim, WA

  • Real Estate
  • WA
  • Clallam County
  • Sequim
  • 98382
  • 1045 S Third Ave
$776K
Range: $636K-$915K
Last 30 days 
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Nearby recently sold homes in Sequim, WA

  • 1045 S Third Ave
    $2.16M
  • 917 - Southwest Sequim
  • 98382
    $549K -20% y/y
  • Sequim
    $549K -20% y/y
No chart available
Statistics calculated by Movoto
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Source: GreatSchools.org © 2026. All rights reserved.
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