$499,000
126 W••••• 2nd St (Sign up for 50 free credits to unlock)Port Angeles, WA 98362
Property Description
Investor Alert! Two 3-bedroom homes on one lot! Whether you rent both long-term, use one as a short-term rental, live in one and rent the other, create a guest house, or accommodate multigenerational living, this unique property offers an incredible range of possibilities. Located just one block from the iconic stairs leading to Downtown Port Angeles, you'll have shops, restaurants, grocery stores, and entertainment just moments away. Both homes have been successfully used as long-term rentals for years, offering the opportunity to place new tenants and start generating income right away-or update the homes to your own taste and create charming residences in a fantastic location. Each home has its own address and separately metered utilities, making this setup especially appealing for investment or multi-household living. Both feature wood stoves, private outdoor spaces, off-street parking, and partial water and mountain views. Opportunities like this don't come along often! If you've been looking for an investment with flexibility, income potential, and an unbeatable location, this one deserves a closer look.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Oct 26, 2026
- Price per Sq Ft
- $372/sqft
- ZIP Code
- 98362
- Stories
- 2
- Parking
- Street, Off Street
- Heating
- Baseboard, Electric, Free Standing, Stove, Wall, Wood
- Property Tax (2026)
- $3,819/yr
- Assessed Value
- $402,063
- County
- Clallam
- School District
- Port Angeles School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Land Info
- Lot Size Acres: 0.16
- Lot Size Dimensions: 50'x140'
- Topography: Level, Northern Exposure, Southern Exposure
- Lot Size Square Feet: 6970
Utilities
- Electric: City
- Sewer: City
- Water Source: City
Appliances
- Dryer
- Electric
- Microwave
- Refrigerator
- Range/Oven
- Washer
Home Features
- View: Partial Mountains, Partial Salt Water
Multi-Unit Info
- Number of Units: 2
Interior Features
- Ceiling Fan
- Smoke Detector
- Carbon Monoxide Detector
- Flooring: Laminate, WW Carpet, Wood
Garage and Parking
- Parking Features: Street, Off Street
School Information
- School District: 121-PAHS
Heating and Cooling
- Heating Features: Baseboard, Electric, Free-Standing, Stove, Wall, Wood
Other Property Info
- Annual Tax Amount: 3820
- Source Listing Status: Active
- County: CLALLAM
- Directions: From First or Front Street, go South on Lincoln St. Right on 2nd St. to home on the Left.
- Tax Year: 2026
- Area: 722-Cent. E Pt. Angeles
- Source Neighborhood: City of Port Angeles
- Parcel Number: 063000005324
- Subdivision: City of Port Angeles
- Zoning: Residential
- Property Subtype: 1 - 4 Units
Building and Construction
- Total Square Feet Living: 1341
- Year Built: 1926
- Building Exterior Type: Wood
- Foundation Details: Concrete Runner
- Property Age: 100
- Roof: Composition, Metal
- Structure Type: 1 1/2 Story
Exterior and Lot Features
- Covered Porch
- Sidewalk
- Fencing: Back Yard, Wood
- Road Access: Public,Paved,Street,Alley
- Porch: Yes
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Oct 26, 2026 | Listed | $499,000 | $372 |
Property Tax History
| Year | Tax | Assessed | Land | Building | Market |
|---|---|---|---|---|---|
| 2026 | $3,819 | $402,063 | $70,000 | $332,063 | $402,063 |
| 2025 | $4,196 | $402,063 | $70,000 | $332,063 | $402,063 |
| 2024 | $3,908 | $441,409 | $66,000 | $375,409 | $441,409 |
| 2023 | $4,001 | $416,872 | $55,000 | $361,872 | $416,872 |
| 2022 | $3,963 | $347,828 | $50,000 | $297,828 | $347,828 |
| 2021 | $3,701 | $298,899 | $50,000 | $248,899 | $298,899 |
| 2020 | $2,932 | $286,135 | $50,000 | $236,135 | $286,135 |
| 2019 | $2,378 | $229,803 | $50,000 | $179,803 | $229,803 |
| 2018 | $2,611 | $209,756 | $50,000 | $159,756 | $209,756 |
| 2017 | $2,283 | $191,273 | $50,000 | $141,273 | $191,273 |
| 2016 | $2,123 | $175,291 | $50,000 | $125,291 | $175,291 |
| 2015 | $2,222 | $170,308 | $50,000 | $120,308 | $170,308 |
Nearby Schools
- Jefferson Elementary School0.8 mi
Public · Elementary · Grades K-6
- Port Angeles High School1.2 mi
Public · High · Grades 9-12
- Stevens Middle School1.3 mi
Public · Middle · Grades 7-8
- Queen Of Angels School0.6 mi
Private · Elementary, Middle · Grades K-8
Comparable Homes Nearby
3 bd · 2 ba · 1,296 sqft
616 S••••• Race St, 98362For Sale · 0.9 mi away- bd · - ba · 1,296 sqft
616 61••••• 1 2 S Race, 98362For Sale · 0.9 mi away- bd · 1 ba · 3,388 sqft
314 E••••• Fifth St, 98362For Sale · 0.4 mi away6 bd · 6 ba · 11,370 sqft
314 W••••• First St, 98362For Sale · 0.2 mi away24 bd · 14 ba · 9,612 sqft
2938 E••••• Walnut St, 98362For Sale · 3.0 mi awayLocation
Lat 48.11847 · Lng -123.43574