Downtown Homes with 54 - 4-Plex Style

Welcome to Downtown Port Townsend, Washington, a vibrant neighborhood where history meets modern charm. Nestled on the picturesque Olympic Peninsula, this area is renowned for its stunning waterfront views, Victorian architecture, and a lively arts scene that captivates both residents and visitors alike. Strolling through the tree-lined streets, you'll discover an eclectic mix of boutique shops, cozy cafes, and art galleries, all contributing to the neighborhood's unique character.

Downtown Port Townsend is not just a feast for the eyes; it also offers a close-knit community feel, making it an ideal place for families, young professionals, and retirees alike. The local parks and waterfront promenades provide ample opportunities for outdoor activities, from kayaking in the bay to enjoying a leisurely walk along the beach. With a calendar full of festivals and events, there’s always something happening that brings neighbors together.

For those looking to invest in this delightful neighborhood, the availability of 4-plex style homes presents a fantastic opportunity. These multi-family residences not only offer a unique living arrangement but also provide a chance for rental income, making them a smart choice for both homeowners and investors. With their charming architectural details and proximity to all that Downtown has to offer, these homes are perfect for those seeking a blend of comfort and community.

Whether you’re looking to buy your first home, expand your investment portfolio, or simply enjoy the rich culture of Port Townsend, Downtown is the place to be. Come explore the possibilities and find your dream home in this enchanting corner of Washington!

Newest Downtown Homes with 54 - 4-Plex Style

$1,499,000

2558436 MLS ⋅ ACTIVE Status

Rare opportunity, newer 2001 4-plex investment in a prime Everett location! Option to live in one unit while your tenants pay your mortgage. This well-maintained multifamily property offers an impressive 5,117 square feet of living space. The upper-level features two spacious 3-bedroom units, each offering an exceptional 1,492 square feet of living space. The ground level includes two well-designed 2-bedroom units, each with 1,066.5 square feet. Tenants also enjoy access to a large 851-square-foot, 4-car garage located at the rear of the property. Each unit has been recently refreshed with new interior paint, carpet, blinds, countertops, and hardwired smoke and carbon monoxide detectors, making this a truly turnkey investment. Conveniently located just minutes from I-5, the new YMCA, shopping, dining, and the vibrant Everett Waterfront, this property offers excellent accessibility and strong tenant appeal. With low-maintenance construction, all appliances included, and the potential for approximately a 6.4% cap rate, this is an outstanding long-term investment opportunity. Listing agent is also a property manager and can assist with future placements and management for a lower negotiated fee. Buyer to verify all information to their satisfaction.

3426 Oakes Avenue, Everett

Listing courtesy of Gilpin Realty, Inc..

$1,285,000

2484138 MLS ⋅ ACTIVE Status

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.

621 Houser Way S, Renton

Listing courtesy of Best Choice Realty LLC.

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