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  • Listed by: 

    Adam Baldwin,

    RE/MAX Gateway,

    Kelli Lang,

    RE/MAX Gateway

    $1,169,000

    707 Madrona Way, Coupeville, WA 98239

    6beds
    4baths
    2,603sqft
    : 
    Triplex
    Built in 1950
    -- sqft lot
    $1,114,800 Zestimate®
    $449/sqft
    $-- HOA

    What's special

    Charming downtown waterfront
    Nestled above picturesque Penn Cove, with the charming downtown waterfront just a quick lovely stroll away, this property offers a rare opportunity. Currently fully rented, it's ideal for investors seeking steady income or homeowners looking to offset costs by renting out additional units. Recent upgrades such as new roofs, gutters, siding, and updated plumbing and electrical systems ensure peace of mind. Views from all three units plus private back patios on the duplex. Each unit maintains separate water and electric meters for convenience and efficiency. Discover a blend of coastal beauty and practicality in this versatile investment opportunity.
    50 days
    on Zillow
    |
    764
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 01:43pm

    Listed by:

    Adam Baldwin,

    RE/MAX Gateway,

    Kelli Lang,

    RE/MAX Gateway

    Source: NWMLS,MLS#: 2341369MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 707 Madrona Way.

    Next available tour time:Today at 6pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Baseboard, Wall Furnace
    Cooling
    • None
    Features
    • Flooring: Vinyl, Vinyl Plank, Carpet, Wall to Wall Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,603
    • Total interior livable area: 2,603 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Open
    • Covered spaces: 1
    • Uncovered spaces: 1
    Features
    • Has view: Yes
    • View description: Bay, Mountain(s), Partial, Sound
    • Has water view: Yes
    • Water view: Bay,Sound
    Lot
    • Size: 0.59 Acres
    • Features: Open Lot, Paved, High Speed Internet, Outbuildings, Shop
    Details
    • Parcel number: R132333101640
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Cement Planked, Cement Plank
    • Foundation: Poured Concrete
    • Roof: See Remarks
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: Town of Coupeville
    • Water: Public, Company: Town of Coupeville

    Community & HOA

    Community
    • Subdivision: Coupeville
    Location
    • Region: Coupeville

    Financial & listing details

    • Price per square foot: $449/sqft
    • Tax assessed value: $540,011
    • Annual tax amount: $4,445
    • Date on market: 7/10/2024
    • Listing terms: Cash Out,Conventional,Owner Will Carry,VA Loan
    • Cumulative days on market: 290 days
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