Downtown Homes with 54 - 4-Plex Style

Welcome to Downtown Port Townsend, Washington—a vibrant neighborhood that perfectly marries historic charm with modern living. Nestled on the picturesque Olympic Peninsula, Downtown Port Townsend is renowned for its stunning Victorian architecture, bustling waterfront, and a thriving arts scene. Residents enjoy a unique blend of small-town warmth and big-city amenities, making it an ideal place for families, professionals, and retirees alike.

One of the most appealing features of this neighborhood is the availability of 4-plex style homes. These multi-family residences provide an excellent opportunity for those looking to invest in real estate or find a cozy place to call home. With four distinct units, these properties offer versatility and potential for rental income, making them a smart choice for savvy investors. Each unit typically features spacious layouts, modern amenities, and the charm that characterizes Port Townsend’s architectural style.

Living in Downtown means you're just steps away from a plethora of local shops, cafes, and restaurants, where you can savor fresh seafood or enjoy a cup of locally roasted coffee. The vibrant arts community hosts numerous galleries, theaters, and festivals throughout the year, ensuring there’s always something exciting happening. Outdoor enthusiasts will appreciate the nearby parks and waterfront activities, including kayaking, sailing, and hiking along the breathtaking coastline.

In Downtown Port Townsend, you’re not just buying a home; you’re investing in a lifestyle rich with culture, community, and natural beauty. Come explore the possibilities of 4-plex living in this enchanting neighborhood!

Newest Downtown Homes with 54 - 4-Plex Style

$1,499,000

2558436 MLS ⋅ ACTIVE Status

Rare opportunity, newer 2001 4-plex investment in a prime Everett location! Option to live in one unit while your tenants pay your mortgage. This well-maintained multifamily property offers an impressive 5,117 square feet of living space. The upper-level features two spacious 3-bedroom units, each offering an exceptional 1,492 square feet of living space. The ground level includes two well-designed 2-bedroom units, each with 1,066.5 square feet. Tenants also enjoy access to a large 851-square-foot, 4-car garage located at the rear of the property. Each unit has been recently refreshed with new interior paint, carpet, blinds, countertops, and hardwired smoke and carbon monoxide detectors, making this a truly turnkey investment. Conveniently located just minutes from I-5, the new YMCA, shopping, dining, and the vibrant Everett Waterfront, this property offers excellent accessibility and strong tenant appeal. With low-maintenance construction, all appliances included, and the potential for approximately a 6.4% cap rate, this is an outstanding long-term investment opportunity. Listing agent is also a property manager and can assist with future placements and management for a lower negotiated fee. Buyer to verify all information to their satisfaction.

3426 Oakes Avenue, Everett

Listing courtesy of Gilpin Realty, Inc..

$1,250,000

2484138 MLS ⋅ ACTIVE Status

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.6! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.

621 Houser Way S, Renton

Listing courtesy of Best Choice Realty LLC.

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