Property summary
This exceptional 12-unit apartment building, situated at 306 W 1st St in Port Angeles, WA, presents a compelling investment opportunity. Built in 1921 and extensively renovated in 2023, this three-story building boasts 11,856 square feet, with 7,904 square feet of net rentable space. Currently operating at 100% occupancy, the property generates a strong NOI of $67,839, representing a 5.22% cap rate. A pro-forma NOI of $98,515 projects a 7.58% cap rate, highlighting significant upside… potential. The asking price is $1,299,950, translating to $109.64 per square foot and $108,329.17 per unit. The property sits on a 0.16-acre lot and includes 8 parking spaces. The permitted commercial zoning and the unfinished lower level offer exciting expansion possibilities, allowing for a substantial increase in cash flow with relatively minimal investment. This landmark property in downtown Port Angeles offers a blend of historical charm and modern updates, making it an attractive and profitable investment. The property's APN is 063000003403. The building is comprised of one structure and is located in Clallam County, WA, zip code 98362. There is no ground lease associated with this property.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 9 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,904 SF
- Year built
- 1921
- APN
- 630000034030000
- Assessed value · 2023
- $277,200
- Annual tax · 2024
- $2,853
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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