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Sold on 05/04/2023

605 S Sequim Ave, Sequim, WA 98382

  • $1,459,000

    Last sold 05/04/2023 for $1.32M

  • —

    bed

  • —

    bath

  • 7,132

    Sqft ($186/Sqft)

House not for sale
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About 605 S Sequim Ave

Property type House
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 0.39 Acre
Movoto estimate
Property description
14 unit apartment building in central location in Sequim. Fully leased with an average lease of $805/month, totaling $11,275/month. Seller added trusses and a pitched roof. Seller paid $1,561/month in utilities and $926/month in taxes/insurance in 2022. Commercial grade, coin operated washers and dryers for occupants. Each apartment has secured storage units on lower level. Plenty of parking - 22 spaces on site. Walking distance to shopping, schools, post office, coffee, etc.
Listed by
Listing Agent - Michael McAleer
Listing Office - RE/MAX Prime
Source: NWMLS mls logo
MLS#2063526 • last updated 3 years ago
Movoto checked NWMLS for data 14 minutes ago
Overview
Cooling/AC None
Heating Baseboard
Levels/Style Multi Family
MLS # 2063526
SubType Multi-Family
Type Residential Income
SqFt 7132
Status Sold
Lot Size (SqFt) 16988
Lot Size (Acres) 0.39
Property Tax 926
Buying Office ZNonMember-Office-MLS
Year Built 1968
Buying Office Phone 425-820-9200
Exterior
Roof Composition
# Open Parking Spaces 22
# Parking Spaces 22
# Uncovered Spaces 22
Amenities / Utilities
Sewer/ Septic Sewer Connected, City Of Sequim
Water Company City Of Sequim
Power Company Clallam PUD
Power Production: Type Electric
HOA Amenities Coin Op Laundry
Location
County Clallam
Subdivision Sequim
Area 916 - Southeast Sequim
Elementary School Buyer To Verify
Middle School Sequim Mid
High School District Sequim
High School Sequim Snr High
APN 33019440075
Directions From E Washington St Take S Sequim Ave To Property On The Right Just Past W Hemlock St
Zoning Multi-Family
Multifamily Details
Net Operating Income 8788
Capitalization Rate 6
Gross Scheduled Income 11275
Gross Adjusted Income 11275
Total Expenses 2487
Gross Rent Multiplier 123
Nwm_Totalmonthlyincome 11275
Lot/ Land Details
Site Features Fenced-Partially
$1.45M
Range: $1.32M-$1.59M
Last 30 days 
Powered By Movoto
  • May 2023
    Public Records
  • May 19, 2023 Sold
    $1,325,000
  • May 2023
    mls logo MLS # 2063526
  • May 19, 2023 Sold
    $1,325,000 (-4.7%)
  • May 4, 2023 Pending
    —
  • May 3, 2023 Listed
    $1,390,000
  • 605 S Sequim Ave
    $1.32M
  • 916 - Southeast Sequim
    —
  • 98382
    $549K -15% y/y
  • Sequim
    $549K -15% y/y
No chart available
Statistics calculated by Movoto

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7/10
Helen Haller Elementary School
public Grades 3-5
Sequim School District
5/10
Sequim Middle School
public Grades 6-8
Sequim School District
6/10
Sequim Senior High School
public Grades 9-12
Sequim School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 916 - Southeast Sequim

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  • WA
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