Sold
Last Sold Price

1320 3rd St, Cosmopolis, WA 98537

Multi FamilyProperty Type
0.26 acresLot Size
1919Year Built
4 carsParking Spaces

Description

Investors! 9 units consisting of 5 one bedroom units and 4 studio units, plus storage units and 4 garage spaces! This property has room for cash flow increases with some updating to units. One 1-bedroom unit is currently vacant. Coin-op laundry onsite. Financials to be provided to well-qualified buyer. Seller may carry a 5 year contract with substantial down.Investors! 9 units consisting of 5 one bedroom units and 4 studio units, plus storage units and 4 garage spaces! This property has room for cash flow increases with some updating to units. One 1-bedroom unit is currently vacant. Coin-op laundry onsite. Financials to be provided to well-qualified buyer. Seller may carry a 5 year contract with substantial down.
  • Listed by: Karla Johnson 360.637.1234 karla.johnson@hiddencoasthomes.com • Hidden Coast Homes
Listing closed: 07/11/2024 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2249299
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Recent comparable sales

Median sold price

$110,000

Avg days on market

56

Sale-to-list ratio

90.1%

Cosmopolis, WA

9 comparable properties found

view of a
1/2
1

$42,000

Sold 04/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.45
Acres
$27,500 | 3-xx 1st Street, Cosmopolis, WA 98537
1/2
2

$27,500

Sold 04/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.31
Acres
a view of a back yard of the house
1/12
3

$110,000

Sold 10/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.7
Acres
$56,000 | 0 North River Road, Cosmopolis, WA 98537
1/4
4

$56,000

Sold 01/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
$235,000 | 15.8 North River Road, Cosmopolis, WA 98537
1/7
5

$235,000

Sold 07/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
40.8
Acres
$150,000 | -nka Lund Road, Cosmopolis, WA 98537
1/8
6

$150,000

Sold 12/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
17.22
Acres
$103,000 | 211 Lund Road, Cosmopolis, WA 98537
1/11
7

$103,000

Sold 01/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4
Acres
$125,000 | 1080 Highway 101, Cosmopolis, WA 98537
1/41
8

$125,000

Sold 04/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.2
Acres
$212,500 | 2431 North River Road, Cosmopolis, WA 98537
1/35
9

$212,500

Sold 05/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.99
Acres

Location

Listing Courtesy of Hidden Coast Homes

Sold By Hidden Coast Homes

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Property Taxes

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Property Information for 1320 3rd Street

Property Details

  • Taxes: $3,020 / year
  • MLS Type: Residential Income
  • Community Name: Cosmopolis
  • School District: Cosmopolis
  • View: Territorial
  • Number of Assigned Spaces: 4
  • Total Covered Parking: 4
  • Entry Date: 06-08-2024
  • Energy Source: Electric
  • Sewer: Sewer Connected

Building Information

  • Stories: 2
  • Residences: 14
  • Year Built: 1919
  • Lot Size: 0.26 AC / 11,520 SF

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 Street, turn R on D Street, R on 3rd Street, building on R side of street
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • 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
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition, Flat

Property

Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 13886
  • Power Company: GHPUD
  • Sewer Company: Cosmopolis
  • Water Company: Cosmopolis
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Post & Block
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 9
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
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 10
  • Number Of Units Total: 14
  • Units Below Grade: false
  • Units In Building Total: 13
Financing / Income and Expenses
  • Electric Expense: $3,532
  • Total Expenses: 28925
  • Gross Adjusted Income: 93528
  • Gross Rent Multiplier: 6.93
  • Gross Scheduled Income: $103,920
  • Insurance Expense: $2,400
  • Net Operating Income: $64,603
  • Other Expenses: $6,087
  • Total Monthly Income: 7596
  • Fuel Expense: $0

Rental

Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 7200.0
  • Leasable Area Units: Square Feet

Property History for 1320 3rd Street

DateEvent & SourcePriceAppreciation
Jul 11, 2024

Sold

NWMLS #2249299

$649,000—
Jul 9, 2024

Sold (Public Record)

Public Record #1538150066

$648,967

+5.7% / yr

Jun 11, 2024

Pending

NWMLS #2249299

—
DateEvent & SourcePrice
07/11/2024

Sold

NWMLS #2249299

$649,000
07/09/2024

Sold (Public Record)

Public Record #1538150066

$648,967

+5.7% / yr

06/11/2024

Pending

NWMLS #2249299

—

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

Public Records for 1320 3rd Street

Taxable Value

Land

$35,000

Additions

$496,601
Total$531,601

Tax Record

2025

$5,517 ($460 / month)

Home Facts

Total Finished SqFt

7,200 SqFt

Above Ground SqFt

7,200 SqFt

Stories

2

Lot Size

11,520 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1919

Year Renovated

1919

County

GRAYS HARBOR

APN

031004800300

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1320 3rd Street, Cosmopolis, WA 98537
$649,000
–
–
–
11,520
$134,500
4
1,500
6,240
–
–
–
1,868
12,480
–
–
–
1,152
14,400
$265,000
2
1,328
6,240
–
–
–
–
14,774

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 09/05/2024 05:49 AM. 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.