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717 Franklin Street

Port Townsend, WA 98368
  • $820,000
  • STATUS: Active
  • ID#: 2454346
UPDATED: 55 min ago
$820,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,266
    SQFT
  • $362
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1891
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Bell Tower Brokers.
Mortgage Calculator is provided by BoomTown.

Description

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-readyor ideal as owner pied--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.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Icon Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-04T20:15:25.78. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-04T20:15:25.78. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.iconrealestategroup.com/homes/169880588
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717 Franklin Street Port Townsend, WA 98368

  • Price: $820,000
  • Status: Active
  • On Site: Days
  • Updated: 55 min ago
  • ID#: 2454346
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,266
SQFT
$362
$/SQFT
1891
Built
Neighborhood:
Uptown
County:
Jefferson
Area:
Port Townsend
Elementary School:
Salish Coast Element
Middle School:
Blue Heron Mid
High School:
Port Townsend High
School District:
Port Townsend #50
Property Description
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-readyor ideal as owner pied--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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Paved Lot Size Dimensions 40x67 Open Parking Spaces 4 Open Parking YN Yes Parking Total 4 Parking Uncovered Spaces 4 Roof CompositionFlat Structure Type Quadruplex Style Code 54 - 4-Plex View BayMountain(s) View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 2266 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring LaminateVinyl PlankCarpet Heating Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Basement Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Pillar/Post/PierPoured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalVA Loan Net Operating Income 47673 New Construction YN No Possession Closing Possible Use Multi-Family Power Company Jeff Co PUD Power Production Type Electric Property Sub Type Multi Family Security Features Partially Fenced Senior Community YN No Sewer Sewer Connected Sewer Company City of PT Site Features Fenced-PartiallyHigh Speed Internet Special Listing Conditions None Tax Annual Amount 6527 Tax Year 2025 Units In Building Total 4 Water Company Cithy of PT Water Source Private Zoning Description Multi-Family Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Icon Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-04T20:15:25.78. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-04T20:15:25.78. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Icon Group
11223 SE 248th Street
Kent WA, 98030
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Bell Tower Brokers.
Mortgage Calculator is provided by BoomTown.