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    106 E Apple Ln Port Angeles, WA 98362

    View on Map
    Sponsored
    For Sale
    $750,000

    1 - 4 Units - Port Angeles, WA

    Property size:
    2,742 SF
    Lot size:
    0.61 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 22 at 11:06 pm

    Property Features for 106 E Apple Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting
    Window features
    Skylight(s)
    Zoning
    Residential
    APN
    0630152200250000
    Parking features
    Covered, Guest, Open
    Patio and Porch features
    Porch
    Interior features
    Skylight, See Remarks
    Exterior features
    Covered Porch, Guest House, Outbuilding, Sidewalk, Storage, Workshop, See Remarks, Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Size
    2,742 SF
    Lot size
    0.61 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Other (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1932
    Number of units
    2
    Flooring type
    Carpet, Tile, Vinyl, Wood
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Guest House, Outbuilding, See Remarks, Storage, Workshop

    We can help!

    Listing Contact
    Trisha Parker
    Trisha Parker

    Port Angeles Realty, Inc.

    Listing agent Trisha Parker License #123195

    Listing date Mar 20, 2026

    MLS# 400293 Listing URL

    Copyright © 2026 Olympic Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    In-City Estate with Orchard

    Located at the end of a quiet dead-end street, this 0.61-acre in-city estate is within Port Angeles city limits. The grounds feature an orchard with 20 apple trees, pear, and cherry trees. There is a greenhouse, a detached shop with a half bath, and a circular drive. Two homes provide living options for extended living, guests, or rental possibilities. The barn-style home, measuring 1,870 square feet, includes three bedrooms, one and a half baths, wood plank ceilings, a pellet stove, and storage. The kitchen features a built-in buffet or coffee bar and a walk-in pantry, while a spiral staircase leads to the loft-style third bedroom with views toward Ediz Hook and Canada. The second home, measuring 872 square feet, offers single-level living with two bedrooms, a full bath, vinyl plank flooring, and oak kitchen cabinetry. Both homes open to a shared covered concrete patio and partially fenced lawn and garden space. The detached shop with half bath may offer potential for conversion to a third living unit. Zoned R7 may allow future flexibility for land division.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Angeles
    County
    Clallam
    State
    Washington
    Longitude
    -123.4447247
    Latitude
    48.1000821

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    FAQs

    What type of property is this?
    Duplex - Two homes on 0.61 acres with orchard in Port Angeles.
    Where is this duplex located?
    The property is located at 106 E Apple Ln Port Angeles, WA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Rare 0.61-acre in-city estate on a quiet dead-end street, offering a peaceful retreat within Port Angeles city limits.; - Two homes provide versatile living options for extended family, guests, or rental income.; - Charming orchard with 20 apple trees, plus pear and cherry trees.
    (360) 808-1974
    Request Owner's contact information
    106 E Apple Ln Port Angeles, WA 98362
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    Port Angeles, WA 98362
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 E Apple Ln Port Angeles, WA 98362
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    We can help!
    Listing Contact
    Trisha Parker
    Trisha Parker
    Real Estate License ID: 123195
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