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    Residential Estate with Two Homes Title is generated by Realmo AI

    106 E Apple Lane, Port Angeles, WA 98362

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    Claim this Listing
    For Sale
    $750,000

    MULTI_FAMILY - Port Angeles, WA

    Property size:
    2,742 SF
    Lot size:
    0.61 Acres
    Price / SF:
    $273/SF
    Added:
    Mar 20, 2026
    Days on Market:
    76
    Last Refresh:
    Jun 3 at 7:06 pm

    Property Features for 106 E Apple Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Parking features
    Open, Covered, Guest
    Security features
    Security Lighting
    Vegetation
    Cleared, Brush
    Patio and Porch features
    Porch
    Interior features
    Skylight
    Exterior features
    Covered Porch, Guest House, Outbuilding, Security Lighting, Sidewalk, Storage, Workshop
    Appliances
    Dishwasher, Dryer, Electric, Refrigerator, Range/Oven, Washer
    Standard status
    Active
    APN
    0630152200250000
    Size
    2,742 SF
    Lot size
    0.61 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    See Exhibit A
    Tax Annual Amount
    4325

    Utilities

    Heating system
    Other (Heating), Electric (Heating), Baseboard

    Building Details

    Year built
    1932
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Tile, Carpet, Wood
    Roof type
    Composition
    Additional Structures
    Workshop, Storage, Guest House, Outbuilding

    We can help!

    Listing Contact
    Trisha Parker
    Trisha Parker

    Listing agent Trisha Parker License #123195

    Listing office Port Angeles Realty 1129 E Front Street, Port Angeles, WA

    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.

    HighLights

    • 0.61‑acre property within Port Angeles city limits on a quiet dead‑end street, with shared outdoor space for two homes.
    • Orchard includes 20 apple trees plus pear and cherry trees, along with a greenhouse, partially fenced lawn, and garden space.
    • Barn‑style home features 1,870 SF with 3 bedrooms, 1.5 baths, wood plank ceilings, and a pellet stove, plus walk‑in pantry and built‑in buffet/coffee bar.
    • Loft‑style 3rd bedroom in the barn‑style home has views toward Ediz Hook and Canada via a spiral staircase.
    • Second home offers 872 SF single‑level living with 2 bedrooms, 1 full bath, vinyl plank flooring, and oak kitchen cabinetry.
    • Detached shop includes a half bath, with zoning R7 noted for potential future flexibility.

    Overview

    This in-city residential estate sits on a 0.61-acre lot and includes two homes plus outdoor improvements designed for flexible use. The larger barn-style home offers 3 bedrooms and 1.5 baths with wood plank ceilings, a pellet stove, and generous storage. Its kitchen includes a built-in buffet or coffee bar and a walk-in pantry, and a spiral staircase leads to a loft-style third bedroom with views toward Ediz Hook and Canada. A covered concrete patio, partially fenced lawn and garden space, and a greenhouse are shared across the property. The second home provides single-level living with 2 bedrooms and a full bath, featuring vinyl plank flooring and oak kitchen cabinetry. A detached shop with a half bath adds additional utility, and it may offer conversion potential to a third living unit.

    The property is tucked at the end of a quiet dead-end street in Port Angeles, WA, within city limits. Additional site features include a circular drive that can support parking and circulation for multiple structures.

    This setup can fit buyers looking for multi-generational living, guest accommodations, or rental flexibility, with two separate residential units on one parcel. The orchard-style landscaping and multiple outbuildings also support homeowners and small operators who want room for projects while maintaining a residential character. Zoning is listed as Residential (R7).
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    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
    -123.444738
    Latitude
    48.099962

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    FAQs

    What type of property is this?
    Single family property - In-city property on a quiet dead-end street with two homes, orchard grounds, and a detached shop.
    Where is this single family property located?
    The property is located at 106 E Apple Lane 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: 0.61‑acre property within Port Angeles city limits on a quiet dead‑end street, with shared outdoor space for two homes.; Orchard includes 20 apple trees plus pear and cherry trees, along with a greenhouse, partially fenced lawn, and garden space.; Barn‑style home features 1,870 SF with 3 bedrooms, 1.5 baths, wood plank ceilings, and a pellet stove, plus walk‑in pantry and built‑in buffet/coffee bar.
    (360) 808-1974
    We can help!
    Listing Contact
    Trisha Parker
    Trisha Parker
    Real Estate License ID: 123195
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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.

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