Prime investment property in Port Townsend’s sought-after Uptown district, walkable to shops, dining, parks, and downtown attractions, and conveniently located near the bus line. This well-maintained four-plex includes four 1bd/1ba units with interior access. Two lower units have excellent long-term tenants; two updated upper units are vacant and lease-ready—or ideal as owner pied-à-terre options. Recent improvements include a new roof, exterior paint, updated upper units, new stair carpet, landscaping, and spray-foam insulation. While STRs aren’t allowed, the front unit has performed well as a furnished medium-term rental. Strong rental demand and a high-appreciation location make this a stable, turnkey asset.
Active
Listed by:
Abigail Little,
Bell Tower Brokers
$820,000
717 Franklin Street, Port Townsend, WA 98368
4beds
4baths
2,266sqft
Est.:
Quadruplex
Built in 1891
-- sqft lot
$796,400 Zestimate®
$362/sqft
$-- HOA
What's special
New stair carpetSpray-foam insulationExcellent long-term tenantsExterior paintNew roofInterior access
- 28 days |
- 1,641 |
- 51 |
Zillow last checked: 8 hours ago
Listing updated: November 14, 2025 at 01:58pm
Listed by:
Abigail Little,
Bell Tower Brokers
Source: NWMLS,MLS#: 2454346
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,266
- Total interior livable area: 2,266 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Bay, Mountain(s)
- Has water view: Yes
- Water view: Bay
Lot
- Size: 2,678.94 Square Feet
- Dimensions: 40 x 67
- Features: Paved, Fenced-Partially, High Speed Internet
Details
- Parcel number: 989709003
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition,Flat
Condition
- Year built: 1891
Utilities & green energy
- Electric: Company: Jeff Co PUD
- Sewer: Sewer Connected, Company: City of PT
- Water: Private, Company: Cithy of PT
- Utilities for property: Astound
Community & HOA
Community
- Subdivision: Uptown
Location
- Region: Pt Townsend
Financial & listing details
- Price per square foot: $362/sqft
- Annual tax amount: $6,527
- Date on market: 11/11/2025
- Cumulative days on market: 30 days
- Listing terms: Cash Out,Conventional,VA Loan
Estimated market value
$796,400
$757,000 - $836,000
$1,993/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Listed for sale | $820,000+39.8%$362/sqft |
Source:  NWMLS #2454346 Report a problem | ||
| 1/7/2021 | Sold | $586,500-3.1%$259/sqft |
Source: NWMLS #1639019 Report a problem | ||
| 11/11/2020 | Pending sale | $605,000$267/sqft |
Source: Windermere Real Estate Port Townsend #1639019 Report a problem | ||
| 10/14/2020 | Price change | $605,000-1.6%$267/sqft |
Source: Windermere Real Estate Port Townsend #1639019 Report a problem | ||
| 8/25/2020 | Listed for sale | $615,000$271/sqft |
Source: Windermere Real Estate Port Townsend #1639019 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$4,757/mo
Principal & interest
$3971
Property taxes
$499
Home insurance
$287
Climate risks
Neighborhood: 98368
Nearby schools
GreatSchools rating
- 5/10Salish Coast ElementaryGrades: PK-5Distance: 1.7 mi
- 5/10Blue Heron Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Port Townsend High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Salish Coast Elementary
- Middle: Blue Heron Mid
- High: Port Townsend High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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