Great investor opportunity in Port Townsend! This property has two residences: MAIN HOUSE with 2 bedrooms, 1 bath and 761 sq ft; and STUDIO ADU with 1 bath and 330 sq ft. Combined square footage for is 1091 sq ft. Both 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. Property includes two tax parcels zoned C-2, offering residential and commercial options for the savvy buyer. The empty rear lot is a canvas for your creativity and vision, or an investment to hang onto as Castle Hill continues to develop. Both units have been consistently rented. Currently occupied by solid tenants who will be month-to-month as of August 2026. Financials available for review! Don't miss this amazing income-generating property full of potential.
Listing Provided Courtesy of Paul Cranston Rice, COMPASS
General Information
NWM2472579
Single Family Residence
7
DOM
2
8712 SqFt
1
761
1928
Jefferson
Salish Coast El
Blue Heron Mid
Port Townsend H
Residential
Single Family Residence
Listing Provided Courtesy of Paul Cranston Rice, COMPASS
Krishna Realty data last checked: Feb 21, 2026 20:24 | Listing last modified Feb 13, 2026 21:56,
Source:
Great investor opportunity in Port Townsend! This property has two residences: MAIN HOUSE with 2 bedrooms, 1 bath and 761 sq ft; and STUDIO ADU with 1 bath and 330 sq ft. Combined square footage for is 1091 sq ft. Both 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. Property includes two tax parcels zoned C-2, offering residential and commercial options for the savvy buyer. The empty rear lot is a canvas for your creativity and vision, or an investment to hang onto as Castle Hill continues to develop. Both units have been consistently rented. Currently occupied by solid tenants who will be month-to-month as of August 2026. Financials available for review! Don't miss this amazing income-generating property full of potential.