7 Neilton Ln

—
Beds
—
Baths
3,472 Sq. Ft.
$108 / Sq. Ft.
3,472
Sq. Ft.
$108
per Sq. Ft.

Description

Attention investors! 4 unit building in Neilton WA that has not had a vacancy in Years and has below market rent. Fantastic income potential and close to lake Quinault. 4th Unit has an unfinished 3rd bedroom/ 2nd bath addition, rent was planned on being set at 1200. each unit right now has 2 bedrooms one bath up with kitchen, dining & living downstairs. W/D hook ups in kitchen. additional huge shed/ shop in back for additional storage / rental incomeAttention investors! 4 unit building in Neilton WA that has not had a vacancy in Years and has below market rent. Fantastic income potential and close to lake Quinault. 4th Unit has an unfinished 3rd bedroom/ 2nd bath addition, rent was planned on being set at 1200. each unit right now has 2 bedrooms one bath up with kitchen, dining & living downstairs. W/D hook ups in kitchen. additional huge shed/ shop in back for additional storage / rental income
  1. Listed by Candice Rambo • City Realty, Inc.

Property Details for 7 Neilton Lane

Community Name
Neilton
School District
Quinault
Number of Assigned Spaces
13
Total Covered Parking
0
Entry Date
10-08-2024
Energy Source
Electric
Sewer
Septic Tank
LISTING UPDATED: 12/12/2025 11:46 AM

Property Details for 7 Neilton Lane

StatusActive
MLS #2299618
Days on Market457
Cumulative Days on Market232
Taxes$1,965 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.31 AC / 13,504 SF
CountyGrays Harbor County

Location

Listing Courtesy of City Realty, Inc.
Add your commute

Building Information for 7 Neilton Lane

Stories2Residences4Year Built1965Building Size-Lot Size0.31 AC / 13,504 SF

Payment Calculator

$1,991 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,828

Property Taxes

$164

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Neilton Lane

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 216 - Neilton
  • Elementary School: Lake Quinault Elem
  • Middle Or Junior School: Lake Quinault High
  • High School: Lake Quinault High
  • Directions: hwy 101 north to Neilton. rt on Neilton Ln
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 13.0
  • Open Parking: Yes
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: Laminate, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
Property
Utilities
  • Water Source: Individual Well
  • Water/Sewer/Garbage: 3600
  • Water Company: Neilton
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • MLS Square Footage Source: tax
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 11
Lot Information
  • Lot Details: Alley, Corner Lot
  • Lot Size Source: mls
  • Parcel Number Free Text: 220907230080
  • Building Condition: Fair
  • Calculated Square Footage: 3472
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3472.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 13
  • Number of Stories in Building: 2
  • Vacancy Rate: 2
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 6565
  • Gross Adjusted Income: 33600
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: $33,600
  • Insurance Expense: $1,000
  • Net Operating Income: $27,035
  • Other Expenses: $0
  • Total Monthly Income: 2775
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 868
  • Rent Unit 1: $700.00
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 868
  • Rent Unit 2: $700.00
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 868
  • Rent Unit 3: $675.00
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 868
  • Rent Unit 4: $700.00
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3472.0

Property History for 7 Neilton Lane

DateEvent & SourcePriceAppreciation
Jan 21, 2025

Price Change

NWMLS #2299618

$375,000—
Oct 8, 2024

Listed (Active)

NWMLS #2299618

$395,000—
Feb 5, 2021

Sold (Public Record)

Public Record #1453627103

$77,700

-17.5% / yr

Jan 18, 2018

Sold

NWMLS #1062098

$140,000—
Jan 16, 2018

Sold (Public Record)

Public Record #616767341

$140,000

+1.1% / yr

Oct 4, 2017

Pending

NWMLS #1062098

—
Dec 13, 2016

Listed (Active)

NWMLS #1062098

$160,000—
May 6, 2005

Sold

NWMLS #25004990

$122,500—
Apr 29, 2005

Sold (Public Record)

Public Record #236128696

$122,500—
Apr 28, 2005

Pending

NWMLS #25004990

—
Jan 10, 2005

Listed (Active)

NWMLS #25004990

$125,000—
DateEvent & SourcePrice
01/21/2025

Price Change

NWMLS #2299618

$375,000
10/08/2024

Listed (Active)

NWMLS #2299618

$395,000
02/05/2021

Sold (Public Record)

Public Record #1453627103

$77,700

-17.5% / yr

01/18/2018

Sold

NWMLS #1062098

$140,000
01/16/2018

Sold (Public Record)

Public Record #616767341

$140,000

+1.1% / yr

10/04/2017

Pending

NWMLS #1062098

—
12/13/2016

Listed (Active)

NWMLS #1062098

$160,000
05/06/2005

Sold

NWMLS #25004990

$122,500
04/29/2005

Sold (Public Record)

Public Record #236128696

$122,500
04/28/2005

Pending

NWMLS #25004990

—
01/10/2005

Listed (Active)

NWMLS #25004990

$125,000

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

Public Records for 7 Neilton Lane

Taxable ValueLand$46,600Additions$174,303Total$220,903
Tax Record2024$1,653 ($138 / month)
Home Facts
Total Finished SqFt3,456 SqFtAbove Ground SqFt3,456 SqFtStories2Lot Size16,117 SqFtStyleMulti-Family Dwelling (2-4)Year Built1965ZoningG5CountyGRAYS HARBORAPN220907230080

Schools near 7 Neilton Lane

This home is within Lake Quinault School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Rating
School
Distance
Lake Quinault School
PublicK to 12

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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7 Neilton Lane is a multi-family home for sale in Neilton, WA 98552. This property was listed for sale on October 8, 2024 by City Realty, Inc., it's currently listed at $375,000. It has been on the market for a total of 457 days and was last sold on February 5, 2021. This listing's school district is Lake Quinault School District. Nearby schools include Lake Quinault School. 7 Neilton Lane is a 0-bed, 0-bath, 3,472 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of City Realty, Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/08/2026 10:24 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.