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.
Sold
Listed by: COMPASS
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
$459,900 Zestimate®
$422/sqft
$2,405 Estimated rent
Home value
$459,900
$428,000 - $497,000
$2,405/mo
Zestimate® history
Owner options
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$2,731/mo
Est. payment
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$2,731/mo
Est. payment
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New plumbingHardwood floorsBathroom remodelsInterior paint throughoutNew metal roofs
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#: 2472579
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 sqft
- 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 & neighborhood
Location
- Region: Port Townsend
- Subdivision: Castle Hill
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 115 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Sold | $460,000-1.9%$422/sqft |
Source:  NWMLS as distributed by MLS GRID #2472579 Report a problem | ||
| 5/31/2026 | Pending sale | $469,000$430/sqft |
Source: NWMLS as distributed by MLS GRID #2472579 Report a problem | ||
| 2/7/2026 | Listed for sale | $469,000+35.2%$430/sqft |
Source: NWMLS as distributed by MLS GRID #2472579 Report a problem | ||
| 2/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/9/2024 | Listed for rent | $1,895$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2022 | Sold | $347,000$318/sqft |
Source: NWMLS as distributed by MLS GRID #1983803 Report a problem | ||
| 9/15/2022 | Pending sale | $347,000$318/sqft |
Source: NWMLS as distributed by MLS GRID #1983803 Report a problem | ||
| 8/16/2022 | Listed for sale | $347,000+29.5%$318/sqft |
Source: NWMLS as distributed by MLS GRID #1983803 Report a problem | ||
| 1/10/2018 | Sold | $268,000-2.9%$246/sqft |
Source: NWMLS as distributed by MLS GRID #1162193 Report a problem | ||
| 12/17/2017 | Pending sale | $276,000$253/sqft |
Source: Windermere Real Estate Port Townsend #1162193 Report a problem | ||
| 12/3/2017 | Listed for sale | $276,000$253/sqft |
Source: Windermere Real Estate Port Townsend #1162193 Report a problem | ||
| 11/22/2017 | Pending sale | $276,000$253/sqft |
Source: Windermere Real Estate Port Townsend #1162193 Report a problem | ||
| 8/24/2017 | Listed for sale | $276,000$253/sqft |
Source: Windermere Real Estate Port Townsend #1162193 Report a problem | ||
| 8/10/2017 | Pending sale | $276,000$253/sqft |
Source: Windermere Real Estate Port Townsend #1162193 Report a problem | ||
| 8/9/2017 | Price change | $276,000-3.5%$253/sqft |
Source: Windermere Real Estate Port Townsend #1162193 Report a problem | ||
| 7/25/2017 | Price change | $286,000-4.3%$262/sqft |
Source: Windermere Real Estate Port Townsend #1162193 Report a problem | ||
| 7/17/2017 | Listed for sale | $299,000+53.7%$274/sqft |
Source: Windermere Real Estate Port Townsend #1162193 Report a problem | ||
| 4/10/2016 | Sold | $194,500-2.7%$178/sqft |
Source: NWMLS as distributed by MLS GRID #872819 Report a problem | ||
| 4/1/2016 | Pending sale | $199,900$183/sqft |
Source: RE/MAX FIRST, Inc. #872819 Report a problem | ||
| 3/4/2016 | Price change | $199,900+17.9%$183/sqft |
Source: RE/MAX FIRST INC #872819 Report a problem | ||
| 2/22/2016 | Pending sale | $169,500$155/sqft |
Source: RE/MAX FIRST INC #872819 Report a problem | ||
| 2/20/2016 | Price change | $169,500-3.1%$155/sqft |
Source: RE/MAX FIRST INC #872819 Report a problem | ||
| 1/14/2016 | Listed for sale | $175,000+42.9%$160/sqft |
Source: RE/MAX FIRST INC #872819 Report a problem | ||
| 4/19/2013 | Sold | $122,500$112/sqft |
Source: NWMLS as distributed by MLS GRID #412327 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 6/10Salish Coast ElementaryGrades: PK-5Distance: 0.8 mi
- 4/10Blue Heron Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10Port Townsend High SchoolGrades: 9-12Distance: 1.8 mi
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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- Washington
- Jefferson County
- Port Townsend
- 98368
- 2125 4th Street
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