Listing provided courtesy of Hidden Coast HomesNWMLSas Distributed by MLSGrid- MLS# NWM2545448MLS Provider

1320 3rd StreetCosmopolis, WA 98537

Multi-Family · 5 Beds · 0.26 Acres
$649,900 Active

1320 3rd Street Overview

Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1320 3rd Street Facts & Features

  • Type Multi-Family
  • Lot 0.26 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Cosmopolis
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 1748
  • Electric Expense: 2105
  • Fuel Expense: 0
  • Gross Scheduled Income: 108708
  • Insurance Expense: 3150
  • Net Operating Income: 67707
  • Total Expenses: 28130
  • Total Monthly Income: 9059
  • Water/Sewer/Garbage: 15610

Building Information

  • New Construction: No
  • Year Built: 1919

Location/Region

  • Country: US
  • County Or Parish: Grays Harbor
  • MLS Area Major: 202 - Cosmopolis
  • Subdivision Name: Cosmopolis

Community/Development

  • Amenities: Coin Op Laundry

Tax Information

  • Tax Annual Amount: $5,517.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 031004800300
  • Possible Use: Multi-Family
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 4

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Foundation Details: Pillar/Post/Pier
  • Heating: Yes
  • Leasable Area: 7200
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 4
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved, Sidewalk
  • Lot Size Acres: 0.2645
  • Lot Size Square Feet: 11520
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition, Flat
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 4
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 9
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1095
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1095
  • Beds Total: 1
  • Baths Total: 1

Unit 8 Details

  • Actual Rent: 1095
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1150
  • Beds Total: 1
  • Baths Total: 1

Unit 9 Details

  • Actual Rent: 850
  • Beds Total: 1
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 900
  • Beds Total: 0
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 904
  • Beds Total: 0
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 905
  • Beds Total: 0
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 925
  • Beds Total: 0
  • Baths Total: 1

1320 3rd Street Neighborhood

Community

98537 (Cosmopolis) Demographics

40
Median Age
13
Population Density (per sq. mile)
29%
College Educated
$60,735
Estimated Median Income
752
Estimated Total Home Owners
190
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1320 3rd Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1320 3rd Street Market Data

Based on the last 30 days in this zip code

$352,108
Average List Price
$208
Average Price per Square Foot
2
Properties Sold
69
Average Days on Market
12
Properties for Sale
Calculations provided by Reliance Network

1320 3rd Street History

Date Event Value Agent
6/25/2026Source: NWMLS Added to Database
June 25, 2026
7/11/2024Source: NWMLS Status Change
Sold
6/12/2024Source: NWMLS Status Change
Pending
6/8/2024Source: NWMLS Added to Database
June 08, 2024
6/20/2022Source: NWMLS Added to Database
June 01, 2021