Great opportunity in Port Townsend! Two tax parcels zoned C-2, offering residential, commercial, and business options for a savvy buyer. The 4th street lot has two separate residences: a main house with 2 bd/1 ba and 761 sq ft, and a studio ADU with 320 sq ft. Both residences 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. The empty rear lot is a canvas for your creativity and vision, or an investment to hang on to as Castle Hill continues to develop. Units currently occupied by tenants, financials available to review!
Active
Listed by:
Paul Cranston Rice,
COMPASS,
Louisa Cranston Rice,
COMPASS
Price cut: $30K (4/10)
$469,000
2125 4th Street, Port Townsend, WA 98368
2beds
1,455sqft
Est.:
Single Family Residence
Built in 1928
8,712 Square Feet Lot
$461,100 Zestimate®
$322/sqft
$-- HOA
What's special
Studio aduMain houseMini splitNew plumbingHardwood floorsTwo separate residencesBathroom remodels
- 111 days
- on Zillow |
- 1,935 |
- 70 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 23, 2025 at 08:14am
Listed by:
Paul Cranston Rice,
COMPASS,
Louisa Cranston Rice,
COMPASS
Source: NWMLS,MLS#: 2332754

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bonus room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Other
- Level: Main
Utility room
- Level: Main
Heating
- Baseboard, Ductless, Electric
Cooling
- Ductless
Appliances
- Included: Dryer(s), Refrigerator(s), Stove(s)/Range(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: 1,125
- Total interior livable area: 1,455 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Ceramic Tile, 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
- 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: $322/sqft
- Tax assessed value: $236,518
- Annual tax amount: $2,129
- Date on market: 2/16/2025
- Listing terms: Cash Out,Conventional
- Inclusions: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Cumulative days on market: 113 days
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