Bainbridge Island

2125 4th Street Port Townsend WA 98368 MLS #NWM2472579

2125 4th Street
Port Townsend, WA, 98368
$469,000
2 Beds
1 Baths
761 SqFt
0.2 Acres
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MLS #NWM2472579 image #0
Listing Provided Courtesy of COMPASS
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:
Pending
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, Refrigerator, Stove(s)/Range(s), Washer
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

Market Summary

Current real estate data for Single Family in Port Townsend as of Jun 13, 2026
82
Single Family Listed
74
Avg DOM
502
Avg $ / SqFt
$899,013
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 $502. The average listing price for Single Family in Port Townsend is $899,013. To schedule a showing of MLS#nwm2472579 at 2125 4th Street in Port Townsend, WA, contact your The Agency Bainbridge Island agent at 2068668002.

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