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Updated 12-Unit Multifamily Building

402 Laurel Port Angeles, WA 98362

402 Laurel, Port Angeles, WA, 98362
$1,920,000
For Sale
$1,920,000

MULTI_FAMILY - Port Angeles, WA

Property Size8,762 SF
Lot Size0.30 Acres
Price / SF$219.13
Days on Market138

Property Features for 402 Laurel

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Appliances
Refrigerator, Range/Oven
Standard status
Active
APN
063000008885
Size
8,762 SF
Lot size
0.30 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
LOTS 19 AND 20 BLK 88
Tax Annual Amount
7224

Utilities

Heating system
Baseboard

Building Details

Year built
1962
Floors in Building
2
Number of units
12
Flooring type
Vinyl, Laminate, Carpet
Roof type
Flat
Listing Agency RE/MAX Evergreen
505 E 8th Street Suite B, WA
Listed by Mark DeRousie · License #3093
Added: Mar 3 Checked: Jul 19 at 3:06 am
MLS# 400214 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.


Investment Insights

Based on property information with market context.

This well-maintained 12-unit apartment building has been updated with new exterior paint, new vinyl windows, a new roof installed in 2013, and a repaved parking lot in 2022. Additional electrical work includes new breaker panels installed in all units during 2024-2025, reflecting ongoing capital improvements. The property is zoned for multifamily use, supporting continued apartment operations.

Located in central Port Angeles, the building is positioned for convenience within the community. The asset sits on a 0.3-acre lot, with on-site parking supported by the repaved lot upgrade.

For investors or owner-operators seeking a small, established apartment building, this configuration provides immediate on-site housing units combined with a recent update cadence across key building systems. For detailed financials and rent information, contact the listing broker for the rent breakdown.

Key Highlights

  • 12‑unit apartment building, well maintained and updated
  • New roof installed in 2013
  • Repaved parking lot in 2022

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Electrical Service HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Butcher (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store

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

FAQs

What type of property is this?
Apartment building - Twelve-unit multifamily property with recent exterior, window, roofing, parking, and electrical updates.
Where is this apartment building located?
The property is located at 402 Laurel Port Angeles, WA.
What is the asking price?
The asking price for this property is $1,920,000.
What are key features of this property?
This property features: 12‑unit apartment building, well maintained and updated; New roof installed in 2013; Repaved parking lot in 2022
Contact an agent
More about this property
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