Great investor opportunity in Port Townsend! This property has two residences: MAIN HOUSE with 2 bedrooms, 1 bath and 761 sq ft; and STUDIO ADU with 1 bath and 330 sq ft. Combined square footage for is 1091 sq ft. Both have been hugely upgraded since last sale, including new metal roofs, hardwood floors, cabinets, appliances, bathroom remodels, mini split in main house, new plumbing, and interior paint throughout. There is a separate workshop with power for projects and storage. Property includes two tax parcels zoned C-2, offering residential and commercial options for the savvy buyer. The empty rear lot is a canvas for your creativity and vision, or an investment to hang onto as Castle Hill continues to develop. Both units have been consistently rented. Currently occupied by solid tenants who will be month-to-month as of August 2026. Financials available for review! Don’t miss this amazing income-generating property full of potential.
Property Details
Price:
$469,000
MLS #:
NWM2472579
Status:
Active
Beds:
2
Baths:
1
Address:
2125 4th Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Castle Hill
Neighborhood:
480porttownsend
City:
Port Townsend
Listed Date:
Feb 6, 2026
State:
WA
Finished Sq Ft:
761
Total Sq Ft:
761
ZIP:
98368
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1928
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As a seasoned realtor with an advanced background in tech, I offer a unique market advantage above the rest. Whether you’re a first-time buyer navigating the complicated world of home purchasing, or an experienced investor looking for a solid investment property, I provide in-depth analytics, expert strategy, and a thorough understanding of contracts to ensure informed decision-making every step of the way.
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Schools
School District:
Port Townsend #50
Elementary School:
Salish Coast Elementary
Middle School:
Blue Heron Mid
High School:
Port Townsend High
Interior
Appliances
Dryer(s), Refrigerator(s), Stove(s)/ Range(s), Washer(s)
Bathrooms
1 Full Bathroom
Cooling
Ductless
Flooring
Ceramic Tile, Hardwood
Heating
Baseboard, Ductless
Exterior
Construction Materials
Metal/ Vinyl
Exterior Features
Metal/ Vinyl
Parking Features
Off Street
Roof
Metal
Financial
Tax Year
2024
Taxes
$2,129
Map
Community
- Address2125 4th Street Port Townsend WA
- SubdivisionCastle Hill
- CityPort Townsend
- CountyJefferson
- Zip Code98368
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Courtesy of COMPASS. Disclaimer: Based on information submitted to the MLS GRID as of Mar-05-2026 4:25:09 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Copyright 2026. All rights reserved.
2125 4th Street
Port Townsend, WA
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