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    • Listed by: COMPASS • Paul Cranston Rice
    Bought with: Coldwell Banker Best Homes
    $460,000

    2125 4th Street, Port Townsend, WA 98368

    2beds
    1,091sqft
    Single Family Residence
    Built in 1928
    8,712 Square Feet Lot
    $457,500 Zestimate®
    $422/sqft
    $2,639 Estimated rent

    Home value

    $457,500

    $375,000 - $554,000

    $2,639/mo

    Zestimate® history
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    What's special

    New plumbingHardwood floorsBathroom remodelsInterior paint throughoutNew metal roofs
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Cranston Rice,

    COMPASS,

    Louisa Cranston Rice,

    COMPASS

    Bought with:

    Dana Lammers, 22005628

    Coldwell Banker Best Homes

    Source: NWMLS as distributed by MLS GRID,MLS#: 2472579MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bonus room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Baseboard, Ductless, Electric
    Cooling
    • Ductless
    Appliances
    • Included: Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dryer(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Utility Room
    Features
    • Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 761
    • Total interior livable area: 1,091 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Ceiling Fan(s), Water Heater
    Lot
    • Size: 8,712 Square Feet
    • Features: Paved, Secluded, Outbuildings, Shop
    • Topography: Level
    • Residential vegetation: Fruit Trees, Garden Space
    Details
    • Additional structures: ADU Baths: 1
    • Parcel number: 974700301
    • Zoning: C-II
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story
    • Property subtype: Single Family Residence
    Materials
    • Metal/Vinyl
    • Foundation: Poured Concrete
    • Roof: Metal
    Condition
    • Year built: 1928

    Utilities & green energy

    • Electric: Company: Jefferson County PUD
    • Sewer: Sewer Connected, Company: City of Port Townsend
    • Water: Public, Company: City of Port Townsend
    • Utilities for property: Astound, Astound

    Community & HOA

    Community
    • Subdivision: Castle Hill
    Location
    • Region: Port Townsend

    Financial & listing details

    • Price per square foot: $422/sqft
    • Tax assessed value: $246,518
    • Annual tax amount: $2,129
    • Date on market: 3/30/2026
    • Cumulative days on market: 115 days
    • Listing terms: Conventional
    • Inclusions: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    6/22/2026Sold$460,000-1.9%$422/sqft
    Source: NWMLS as distributed by MLS GRID #2472579 Report a problem
    5/31/2026Pending sale$469,000$430/sqft
    Source: NWMLS as distributed by MLS GRID #2472579 Report a problem
    2/7/2026Listed for sale$469,000+35.2%$430/sqft
    Source: NWMLS as distributed by MLS GRID #2472579 Report a problem
    2/5/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/9/2024Listed for rent$1,895$2/sqft
    Source: Zillow Rentals Report a problem
    11/30/2022Sold$347,000$318/sqft
    Source: NWMLS as distributed by MLS GRID #1983803 Report a problem
    9/15/2022Pending sale$347,000$318/sqft
    Source: NWMLS as distributed by MLS GRID #1983803 Report a problem
    8/16/2022Listed for sale$347,000+29.5%$318/sqft
    Source: NWMLS as distributed by MLS GRID #1983803 Report a problem
    1/10/2018Sold$268,000-2.9%$246/sqft
    Source: NWMLS as distributed by MLS GRID #1162193 Report a problem
    12/17/2017Pending sale$276,000$253/sqft
    Source: Windermere Real Estate Port Townsend #1162193 Report a problem
    12/3/2017Listed for sale$276,000$253/sqft
    Source: Windermere Real Estate Port Townsend #1162193 Report a problem
    11/22/2017Pending sale$276,000$253/sqft
    Source: Windermere Real Estate Port Townsend #1162193 Report a problem
    8/24/2017Listed for sale$276,000$253/sqft
    Source: Windermere Real Estate Port Townsend #1162193 Report a problem
    8/10/2017Pending sale$276,000$253/sqft
    Source: Windermere Real Estate Port Townsend #1162193 Report a problem
    8/9/2017Price change$276,000-3.5%$253/sqft
    Source: Windermere Real Estate Port Townsend #1162193 Report a problem
    7/25/2017Price change$286,000-4.3%$262/sqft
    Source: Windermere Real Estate Port Townsend #1162193 Report a problem
    7/17/2017Listed for sale$299,000+53.7%$274/sqft
    Source: Windermere Real Estate Port Townsend #1162193 Report a problem
    4/10/2016Sold$194,500-2.7%$178/sqft
    Source: NWMLS as distributed by MLS GRID #872819 Report a problem
    4/1/2016Pending sale$199,900$183/sqft
    Source: RE/MAX FIRST, Inc. #872819 Report a problem
    3/4/2016Price change$199,900+17.9%$183/sqft
    Source: RE/MAX FIRST INC #872819 Report a problem
    2/22/2016Pending sale$169,500$155/sqft
    Source: RE/MAX FIRST INC #872819 Report a problem
    2/20/2016Price change$169,500-3.1%$155/sqft
    Source: RE/MAX FIRST INC #872819 Report a problem
    1/14/2016Listed for sale$175,000+42.9%$160/sqft
    Source: RE/MAX FIRST INC #872819 Report a problem
    4/19/2013Sold$122,500$112/sqft
    Source: NWMLS as distributed by MLS GRID #412327 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,156 +1.3%$246,518 +4.2%
    2023$2,129 -3.1%$236,518 -8.1%
    2022$2,196 -2.7%$257,249 +10.9%
    2021$2,256 +14%$232,009 +18.3%
    2019$1,978 -2.5%$196,153 -15%
    2018$2,029 -7.5%$230,772 +62.4%
    2017$2,194 +41.9%$142,075 +8.7%
    2016$1,547 +16.1%$130,668 +6.4%
    2015$1,332 +10.7%$122,754 +3.3%
    2014$1,204 $118,797 +5%
    2013$1,204 +29%$113,140
    2010$933 --
    Find assessor info on the county website

    Neighborhood: 98368

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Salish Coast Elementary
    • Middle: Blue Heron Mid
    • High: Port Townsend 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.

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    An equal housing lender. NMLS #10287.

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