2917 & 2917-1/2 Peabody St

Exceptional investment opportunity with two well-cared-for homes on one property, offering flexible options: rent both for strong monthly income, or live in one while the rent from the other helps offset your mortgage. With separate utility meters, proven rental history, and thoughtful improvements, this is a rare turnkey setup near the entrance to Olympic National Park. The main home features a recently replaced roof, new crawlspace insulation, double-pane windows, and a spacious layout that includes a large living room, kitchen with dining area, a primary bedroom with ensuite half bath, two guest bedrooms, and a full bathroom. The home is currently rented for $1,950/month, with tenants who would love to stay; their lease ends in May and will convert to month-to-month. A workshop off the carport with a subpanel adds valuable utility and storage. The back home, believed to be built in the 1950s, has been recently remodeled with luxury vinyl plank flooring, fresh interior paint, updated light fixtures, and a refreshed kitchen. This charming one-level 2-bed/1-bath home also features a new composition roof layer, its own carport space with storage, and a welcoming outdoor sitting area with umbrella and chairs—ideal for long-term or short-term rental appeal. Both homes enjoy partial views of the Strait of Juan de Fuca and the Olympic Mountains, plus plenty of on-site parking with fresh gravel. Additional improvements include some updated electrical and plumbing in both homes, and all appliances are included. A well-maintained property with strong rental performance, flexible living arrangements, and a location that attracts year-round demand—this is an investment that supports both lifestyle and long-term financial return.