Brand-New Duplex with
1306 Melbourne Court Westport, WA 98595
1306 Melbourne Court, Westport, WA, 98595
$495,000
For Sale
$495,000
MULTI_FAMILY - Westport, WA
Property Size2,019 SF
Lot Size0.20 Acres
Price / SF$245.17
Days on Market49
Property Features for 1306 Melbourne Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
- Parking
- 4
- Appliances
- Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
- Standard status
- Active
- APN
- 102504800200
- Size
- 2,019 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- TOWN OF PETERSON LOT 2 TGW VAC ST & ALLEY ADJ BLK 48
- Tax Annual Amount
- 2916
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Zoned, Ductless
Building Details
- Year built
- 2025
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Wood Siding
- Roof type
- Composition
Listing Agency
Century 21 Price Right
(208) 799-2100
920 Main St., Lewiston, WA
Listed by
Anastasia Osorio · License #3871695
(208) 935-8272
Added: Jun 1 Checked: Jul 19 at 7:06 am
MLS# 98988618
Listing URL
Copyright © 2026 Intermountain 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.
Investment Insights
Based on property information with market context.
Built as a brand-new duplex, this thoughtfully designed property offers a comfortable, contemporary layout with open-concept living areas. Each unit is planned with three bedrooms and two bathrooms, along with a well-equipped kitchen suited to everyday use and entertaining. The finishes are described as high quality, and the homes include energy-efficient appliances and large windows designed to bring in natural light. For day-to-day convenience, the units include new washer/dryer sets.
Located in Westport, this duplex is positioned for a coastal lifestyle while remaining close to local amenities. The listing also notes proximity to the waterfront and an emphasis on peace and tranquility—an appealing combination for both owner-occupants and investors seeking a turn-key residential setup.
With generous, functional interiors and modern upgrades, the property fits well for a primary residence with rental income or as a straightforward investment. The unit configuration supports a tenant profile looking for multiple bedrooms and two bathrooms, while the fresh in-unit laundry and energy-efficient approach help reduce hassle and improve day-to-day usability.
Located in Westport, this duplex is positioned for a coastal lifestyle while remaining close to local amenities. The listing also notes proximity to the waterfront and an emphasis on peace and tranquility—an appealing combination for both owner-occupants and investors seeking a turn-key residential setup.
With generous, functional interiors and modern upgrades, the property fits well for a primary residence with rental income or as a straightforward investment. The unit configuration supports a tenant profile looking for multiple bedrooms and two bathrooms, while the fresh in-unit laundry and energy-efficient approach help reduce hassle and improve day-to-day usability.
Key Highlights
- Brand‑new duplex in Westport, WA, under construction with Year Built 2025
- 3 bedrooms and 2 bathrooms per unit
- Ductless heating and zoned ductless cooling
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.9k | $13.80 |
| − Vacancy | −$1.5k | −$0.76 |
| EGI | $26.3k | $13.04 |
| − OpEx | −$7.9k | −$3.91 |
| NOI | $18.4k | $9.13 |
2,019 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$263.3K
$230.4K – $307.2K
NOI $18,431 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$244.1K
$213.6K – $284.8K
NOI $17,090 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$556.6K
$487.0K – $649.3K
NOI $38,959 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Modern, energy-efficient duplex with large windows, open layouts, and new in-unit washer/dryers for flexible ownership.
Where is this duplex located?
The property is located at 1306 Melbourne Court Westport, WA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Brand‑new duplex in Westport, WA, under construction with Year Built 2025; 3 bedrooms and 2 bathrooms per unit; Ductless heating and zoned ductless cooling
