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
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Castle Hill
Neighborhood:
480porttownsend
Listed Date:
Feb 6, 2026
Finished Sq Ft:
761
Total Sq Ft:
761
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1928
Secluded480 – Port Townsend480porttownsendCastle HillPort Townsend #50Salish Coast ElementaryBlue Heron MidPort Townsend High
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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
Interior Features
Ceiling Fan(s), Water Heater
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Construction Materials
Metal/Vinyl
Direction Faces
North
Exterior Features
Metal/Vinyl
Lot Features
Paved, Secluded
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
Subdivisions in Port Townsend
- Adelma Beach
- Beckett Point
- Cape George
- Castle Hill
- Discovery Bay
- Downtown
- Dundee Hill
- Eaglemount
- Fort Worden
- Fowler’s Park
- Glen Cove
- Hamilton Heights
- Happy Valley
- Hastings
- Irondale
- Island View Estates
- Kala Point
- Morgan Hill
- North Beach
- Port Townsend
- Prospect Ave.
- South of Port Townsend
- The Colony
- The Village
- Uptown
- W. of Port Townsend
- Woodland Hills
Market Summary
Current real estate data for Single Family in Port Townsend as of Apr 20, 2026
82
Single Family Listed
66
Avg DOM
470
Avg $ / SqFt
$821,704
Avg List Price
Property Summary
- Located in the Castle Hill subdivision, 2125 4th Street Port Townsend WA is a Single Family for sale in Port Townsend, WA, 98368. It is listed for $469,000 and features 2 beds, 1 baths, and has approximately 761 square feet of living space, and was originally constructed in 1928. The current price per square foot is $616. The average price per square foot for Single Family listings in Port Townsend is $470. The average listing price for Single Family in Port Townsend is $821,704. To schedule a showing of MLS#nwm2472579 at 2125 4th Street in Port Townsend, WA, contact your The Agency Bainbridge Island agent at 2068868002.
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Courtesy of COMPASS. Disclaimer: Based on information submitted to the MLS GRID as of Apr-20-2026 11:56:48 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

