332 S Birch St, McCleary, WA 98557

Building Details

Year Built 1975 More

Listing Agency: Abbey Realty Inc

Listed By: Joshua Abbey · License WA #73788 Show Phone

Source: Chehalisvalleyrealty

Added: Aug 9 Changed: Nov 4 Last Checked: Nov 1 at 4:06PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Abbey Realty Inc

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Investment Insights

Based on property information with market context.

This two-unit duplex has undergone extensive interior updates, including new flooring, cabinets, countertops, plumbing, lighting, and appliances. Each residence includes 1.5 bathrooms, quartz countertops, water-resistant wood laminate flooring, central forced-air heat with heat-pump air conditioning, a hybrid electric hot-water tank, and a ventless heat-pump dryer.

The property is located at 332 S Birch St in McCleary, with stated drive times of approximately 20 minutes to Montesano and 25 minutes to Capital Mall in Olympia. Elma is also described as only minutes away, placing the duplex within reach of several nearby communities.

Key Highlights

• Two‑unit duplex at 332 S Birch St, McCleary, WA
• Both units include 1.5 bathrooms
• New floors, cabinets, countertops, plumbing, lighting, and appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,336

Cap Rate

3.83%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$306,720 $306.7K

Cap Rate 7%

$219,086 $219.1K

Cap Rate 9%

$170,400 $170.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,680 SF

Gross rent

$23.2K $13.80/SF

− Vacancy

−$1.3K −$0.76/SF

EGI

$21.9K $13.04/SF

− OpEx

−$6.6K −$3.91/SF

NOI

$15.3K $9.13/SF

Area

Grays Harbor County, WA

Vacancy

5.50%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$306,720

Cap Rate 7%

$219,086

Cap Rate 9%

$170,400

Alternative Uses

Best Use

Multifamily LT 5

$219.1K

$191.7K – $255.6K (±1% cap)

NOI $15,336 @ 7.0% cap · market cap 3.83%

Second Best

Apartment 5plus

$203.1K

$177.8K – $237.0K (±1% cap)

NOI $14,220 @ 7.0% cap · market cap 3.55%

Theoretical Best

Office A

$463.1K

$405.2K – $540.3K (±1% cap)

NOI $32,417 @ 7.0% cap · market cap 8.10%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

122

Businesses Nearby

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Demographics for 98557, WA

3,695

Population

1,622

Households

2.3

Avg Household Size

43

Median Age

18%

College-Educated

91%

High-School Grad

35.5 sq mi

ZIP Area

104

Density / Sq Mi

$78,023

Median Household Income

$49,625

Median Earnings

$900

Median Rent

$351,000

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - Renovated residential income property with refreshed interiors, modern appliances, and central heating and cooling.

Where is this duplex located?

The property is located at 332 S Birch St McCleary, WA.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: Two‑unit duplex at 332 S Birch St, McCleary, WA; Both units include 1.5 bathrooms; New floors, cabinets, countertops, plumbing, lighting, and appliances