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14-Unit Apartment Building
New
For Sale
$1,975,000

605 S Sequim ave, Sequim, WA 98382

MULTI-FAMILY, Sequim, WA

Property Size7,100 SF
Lot Size0.39 Acres
Price / SF$278.17
Days on Market2

Property Features for 605 S Sequim ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Elementary school district 323-SqHS
Middle school district 323-SqHS
High school district 323-SqHS
Directions Hwy 101 to Sequim ave
Subdivision 777-NW Sequim
Standard status Active
APN 0330194400750
Size 7,100 SF
Lot size 0.39 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Description Legal Description: TX #8233 S2NESESE
Tax Annual Amount 11000
Legal Description Legal Description: TX #8233 S2NESESE

Amenities

dedicated storage unit
on-site laundry

Building Details

Year built 1968
Floors in Building 2
Number of units 14
Buildings 1
Listing Agency: Torres Real Estate
Listed By: Tanner Stephens · License #126498
Added: Nov 2 Last Checked: Nov 3 at 9:06PM
MLS# 401414

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.

Rey
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Investment Insights

Based on property information with market context.

This 14-unit apartment property contains 7,100 square feet on a 0.39-acre parcel. The unit mix includes eight one-bedroom apartments and six studios. Renovations have been completed in 8–9 units, and the building has fresh exterior paint and new electrical service serving the units and common building areas. Each apartment has dedicated storage, and residents have access to on-site laundry facilities.

Built in 1968 and zoned Multi-Family, the property is located at 605 S Sequim Ave in Sequim, Washington. The information provided also identifies approximately $197,000 in annual gross rental income and an approximately 7% capitalization rate.

Key Highlights

  • 14 apartments: 8 one‑bedroom units and 6 studios
  • 7,100 square feet on 0.39 acres
  • Renovations completed in 8‑9 units

Property Analytics

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

14
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

807
Businesses Nearby

Demographics for 98382, WA

30,505
Population
15,739
Households
1.9
Avg Household Size
62
Median Age
35%
College-Educated
95%
High-School Grad
206.7 sq mi
ZIP Area
148
Density / Sq Mi
$70,471
Median Household Income
$41,337
Median Earnings
$1,210
Median Rent
$463,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - A multi-family property with renovated apartments, new electrical service, tenant storage, and on-site laundry.
Where is this apartment building located?
The property is located at 605 S Sequim ave Sequim, WA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: 14 apartments: 8 one‑bedroom units and 6 studios; 7,100 square feet on 0.39 acres; Renovations completed in 8‑9 units
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