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Waterfront Triplex with Decks
For Sale
$2,590,000

90 Mallard Cove Rd, Port Angeles, WA 98363

MULTI_FAMILY - Port Angeles, WA

Property Size2,519 SF
Lot Size0.10 Acres
Price / SF$1,028
Days on Market94

Property Features for 90 Mallard Cove Rd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Parking features Guest
Security features Security Lighting
Patio and Porch features Porch
Interior features Ceiling Fan, Recessed Lighting, Smoke Detector, Carbon Monoxide Detector
Exterior features BBQ, Covered Porch, Hot Tub, Security Lighting, Storage
Fireplace 1
Appliances Dishwasher, Dryer, Electric, Exhaust Fan, Microwave, Refrigerator, Range Hood, Range/Oven, Washer
Subdivision Mallard Cove
Lot features Irregular
View Mountains, Lake
Elementary school district 121-PAHS
Middle school district 121-PAHS
High school district 121-PAHS
Directions Heading West on Hwy 101 From Port Angeles, turn Left on South Shore Road, follow to Mallard Cove Road, follow to 90 and 92 on your right.
Standard status Active
APN 083021521000
Size 2,519 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description See exhibit A in docs
Tax Annual Amount 8374
Legal Description See exhibit A in docs

Utilities

Heating system Zoned, Electric (Heating), Fireplace(s), Wood, Heat Pump (Heating)
Water source Well
Water front features Lake
Water front 1

Building Details

Year built 1962
Floors in Building 2
Number of units 3
Flooring type Vinyl
Roof type Membrane
Additional Structures Storage
Listing Agency: Designed Real Estate
Listed By: Dathan Myers · License #121181
Added: May 10 Changed: Jun 22 Last Checked: Aug 11 at 6:06PM
MLS# 400582

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 three-unit multifamily property is configured as two rental units and a third unit reserved for private use. Each rental unit is fully equipped with its own washer and dryer, hot tub, BBQ area, and an expansive approximately 580-square-foot lake-facing deck. The rental units have been thoughtfully remodeled, including Unit 90 completed in May 2026. The property also received a new roof in 2026 and includes additional improvements throughout. The third unit has never been rented and is undergoing a full remodel scheduled for completion prior to close of escrow; it features its own private approximately 325-square-foot deck overlooking the lake. The property is sold furnished.

Located at Mallard Cove in Port Angeles on Lake Sutherland, the community offers shared amenities including a swimming dock, boat dock, pond, waterfall, and approximately 350 feet of community waterfront. The property is zoned for multi-family use. Showings are by appointment only, and visitors are asked not to disturb occupants.

For tenants, buyers, or operators, the layout supports turnkey short-term rental use based on the current Air BnB operation and in-unit amenities, while also providing a separate private third unit with a dedicated outdoor deck. Remodel status and the 2026 roof replacement help reduce immediate capital concerns for the next operator, subject to standard due diligence.

Key Highlights

  • Year built 1962; well water and membrane roof
  • Lake Sutherland waterfront: community swimming dock, boat dock, pond, waterfall, and ~350 ft of community waterfront (Mallard Cove)
  • Fully equipped rental units include their own washer & dryer, hot tub, and BBQ area

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Restaurant Real Estate Agency Discount Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 98363, WA

14,086
Population
7,195
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
92%
High-School Grad
478.4 sq mi
ZIP Area
29
Density / Sq Mi
$64,583
Median Household Income
$40,680
Median Earnings
$1,188
Median Rent
$338,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit waterfront triplex currently used as a full-time Air BnB, with remodeled units and dedicated outdoor decks.
Where is this triplex located?
The property is located at 90 Mallard Cove Rd Port Angeles, WA.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: Year built 1962; well water and membrane roof; Lake Sutherland waterfront: community swimming dock, boat dock, pond, waterfall, and ~350 ft of community waterfront (Mallard Cove); Fully equipped rental units include their own washer & dryer, hot tub, and BBQ area
More about this property
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