Fantastic investment opportunity in the heart of Belfair! This well-located 4-plex offers four spacious 2-bed, 1-bath units, is connected to sewer, and features a brand-new roof installed in Summer 2025. The property needs some TLC, making it ideal for investors looking to add value and increase long-term returns. Units offer functional layouts and solid rental potential in a high-demand market. Centrally located near schools, shopping, Highway 3, and local amenities. A rare chance to acquire multifamily housing in Belfair with strong upside.
Sold
Listed by: Paramount Real Estate Group
Bought with: Windermere Abode
$560,000
150 NE State Route 300, Belfair, WA 98528
8beds
4baths
3,504sqft
Multi Family
Built in 1970
-- sqft lot
$561,100 Zestimate®
$160/sqft
$2,100 Estimated rent
Home value
$561,100
$466,000 - $679,000
$2,100/mo
Zestimate® history
Owner options
List your home for rent
$2,100/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,100/mo
Rent Zestimate®
Refinance and save
$3,278/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,278/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Functional layoutsBrand-new roof
Zillow last checked:
Listing updated:
Listed by:
Janet Lovett,
Paramount Real Estate Group
Bought with:
Ian Broadie, 27896
Windermere Abode
Source: NWMLS as distributed by MLS GRID,MLS#: 2458130
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,504
- Total interior livable area: 3,504 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.33 Acres
- Features: Dead End Street, Open Lot, Paved, Cable TV, Deck, Fenced-Partially
Details
- Parcel number: 123294190102
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fixer
- Year built: 1970
- Major remodel year: 1970
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Mason County PUD
- Water: Public, Company: Mason County PUD
- Utilities for property: Buyer To Verify, Buyer To Verify
Community & neighborhood
Location
- Region: Belfair
- Subdivision: Belfair
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 12 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Sold | $560,000+3.9%$160/sqft |
Source:  NWMLS as distributed by MLS GRID #2458130 Report a problem | ||
| 12/8/2025 | Pending sale | $539,000$154/sqft |
Source: NWMLS as distributed by MLS GRID #2458130 Report a problem | ||
| 11/30/2025 | Listed for sale | $539,000$154/sqft |
Source: NWMLS as distributed by MLS GRID #2458130 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,641 +4.8% | $480,710 +50.2% |
| 2023 | $3,474 +30% | $320,095 +14.3% |
| 2022 | $2,672 +4.6% | $279,940 0% |
| 2021 | $2,555 +1.9% | $280,025 +2.5% |
| 2020 | $2,507 -17.1% | $273,135 -6.9% |
| 2018 | $3,026 -1.1% | $293,260 |
| 2017 | $3,058 -10.3% | $293,260 +2% |
| 2016 | $3,409 +4.3% | $287,495 |
| 2015 | $3,268 +0.8% | $287,495 +13.1% |
| 2014 | $3,241 | $254,245 +4.4% |
| 2013 | $3,241 | $243,440 -6.2% |
| 2012 | -- | $259,640 -4% |
| 2011 | -- | $270,490 |
| 2010 | -- | $270,490 +15.4% |
| 2009 | -- | $234,490 |
Find assessor info on the county website
Neighborhood: 98528
Nearby schools
GreatSchools rating
- 4/10Belfair Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Hawkins Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10North Mason Senior High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Middle: Hawkins Mid
- High: North Mason Snr High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$561,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$561,100
- Washington
- Mason County
- Belfair
- 98528
- 150 NE State Route 300
Nearby cities
Nearby zip codes
Other Belfair Topics
