9
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor opportunity! Fully rented 9-unit multifamily property featuring 5 one-bedroom units and 4 studio units, plus 4 garage spaces, storage units, and on-site coin-op laundry for additional income potential. Current occupancy provides immediate rental income, with room to increase cash flow through strategic updates and future rent growth. Financials available to well-qualified buyers. Showings to be scheduled after accepted offer only. Please do not disturb residents.Investor opportunity! Fully rented 9-unit multifamily property featuring 5 one-bedroom units and 4 studio units, plus 4 garage spaces, storage units, and on-site coin-op laundry for additional income potential. Current occupancy provides immediate rental income, with room to increase cash flow through strategic updates and future rent growth. Financials available to well-qualified buyers. Showings to be scheduled after accepted offer only. Please do not disturb residents.
  1. Listed by Karla Johnson • Hidden Coast Homes
    P: 101-360-637-1234 karla.johnson@hiddencoasthomes.com
  2. Listed by Sarah Demos • Hidden Coast Homes
    P: (360)-637-1234 sarah.demos@hiddencoasthomes.com

Property Details for 1320 3rd Street

Community Name
Cosmopolis
School District
Cosmopolis
Number of Assigned Spaces
4
Total Covered Parking
4
Entry Date
06-25-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 06/25/2026 02:58 PM

Property Details for 1320 3rd Street

StatusActive
MLS #2545448
Days on Market3
Cumulative Days on Market192
Taxes$5,517 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1919
Lot Size0.26 AC / 11,520 SF
CountyGrays Harbor County

Location

Listing Courtesy of Hidden Coast Homes
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Building Information for 1320 3rd Street

Stories2Residences9Year Built1919Building Size-Lot Size0.26 AC / 11,520 SF

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Principal and Interest

$3,239

Property Taxes

$460

HOA Dues

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Property Information for 1320 3rd Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 202 - Cosmopolis
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From 1st St, turn R on D St, R on 3rd St. Building on R side of street
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 4.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Vinyl Plank, Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Furnace
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition, Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 15610
  • Power Company: GHPUD
  • Sewer Company: City of Cosmopolis
  • Water Company: City of Cosmopolis
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Pillar/Post/Pier
  • Zoning Remarks: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 11
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Public records
  • Parcel Number Free Text: 031004800300
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 10
  • Number Of Units Total: 9
  • Units Below Grade: false
  • Units In Building Total: 13
Financing / Income and Expenses
  • Electric Expense: $2,105
  • Total Expenses: 28130
  • Gross Adjusted Income: 95837
  • Gross Rent Multiplier: 5.9
  • Gross Scheduled Income: $108,708
  • Insurance Expense: $3,150
  • Net Operating Income: $67,707
  • Other Expenses: $1,748
  • Total Monthly Income: 9059
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Rent Unit 1: $1,095.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Rent Unit 2: $1,095.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Rent Unit 3: $904.00
  • Bedrooms Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Rent Unit 4: $925.00
  • Bedrooms Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Rent Unit 5: $1,150.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Rent Unit 6: $905.00
  • Bedrooms Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Rent Unit 7: $900.00
  • Bedrooms Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Rent Unit 8: $1,095.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 9
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: false
  • Rent Unit 9: $850.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 7200.0

Property History for 1320 3rd Street

DateEvent & SourcePriceAppreciation
Jun 25, 2026

Listed (Active)

NWMLS #2545448

$649,900
Jul 11, 2024

Sold

NWMLS #2249299

$649,000
Jul 9, 2024

Sold (Public Record)

Public Record #1538150066

$648,967

+5.7% / yr

DateEvent & SourcePrice
06/25/2026

Listed (Active)

NWMLS #2545448

$649,900
07/11/2024

Sold

NWMLS #2249299

$649,000
07/09/2024

Sold (Public Record)

Public Record #1538150066

$648,967

+5.7% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1320 3rd Street

Taxable ValueLand$35,000Additions$571,463Total$606,463
Tax Record2025$5,904 ($492 / month)
Home Facts
Total Finished SqFt7,200 SqFtAbove Ground SqFt7,200 SqFtLot Size11,326 SqFtStyleMulti-Family Dwelling (2-4)Year Built1919CountyGRAYS HARBORAPN031004800300

Schools near 1320 3rd Street

This home is within Cosmopolis School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Rating
School
Distance
Cosmopolis Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1320 3rd Street is a multi-family home for sale in Cosmopolis, WA 98537. This property was listed for sale on June 25, 2026 by Hidden Coast Homes, it's currently listed at $649,900. It has been on the market for a total of 3 days and was last sold on July 11, 2024. This listing's school district is Cosmopolis School District. Nearby schools include Cosmopolis Elementary School. 1320 3rd Street is a 5-bed, 9-bath, multi-family home built in 1919.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hidden Coast Homes

Based on information submitted to the MLS GRID as of 06/25/2026 02:58 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.