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$469,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,125 Sq. Ft.
  • Updated 2 days ago

Listed by Paul Cranston Rice | Compass | (206) 330-0314 and Louisa Cranston Rice | Compass | (206) 330-0314

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Great investor opportunity in Port Townsend! Two tax parcels zoned C-2, offering residential, commercial, and business options for the savvy buyer. This property offers two residences: main house with 2 bd/1 ba and 761 sq ft, and studio ADU with 320 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. 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 month-to-month tenants. Financials available for review! Don't miss this amazing income-generating property full of potential.

Full Property Details for 2125 4th St

General

  • Price: $469,000
  • Taxes: $2,129 (2024)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2472579
  • Updated: 2/6/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Water Heater
  • Appliances: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Additional Information

  • Amenities: Outbuildings, Shop

Parking

  • Parking Features: Off Street

Location

  • Area: 480 - Port Townsend
  • County: Jefferson
  • Subdivision: Castle Hill
  • Driving Directions: Follow Sims Way to Thomas St. Follow to right on 4th. Follow to home on the left.
  • Direction Faces: North

School Information

  • High School District: Port Townsend #50
  • Elementary School: Salish Coast Elementary
  • Middle School: Blue Heron Mid
  • High School: Port Townsend High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless
  • Heating Type: Baseboard, Ductless
  • Water Heater: Electric

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Metal/Vinyl
  • Basement Desc.: None
  • Foundation: Pillar/Post/Pier, Poured Concrete
  • Roof: Metal
  • Entry Location: Main
  • Square Feet: 1,125
  • Finished Total: 1,125 Sq. Ft.
  • Year Built: 1928

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Size Source: MLS
  • Topography: Level
  • Lot Features: Paved, Secluded
  • Trees/Vegetation: Fruit Trees, Garden Space

Financial Considerations

  • Tax Amount: $2,129
  • Tax Year: 2024
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 974700301

Listed by Paul Cranston Rice | Compass | (206) 330-0314 and Louisa Cranston Rice | Compass | (206) 330-0314

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Schools serving 2125 4th St

School District:Port Townsend School District
NameGradesDistance
Salish Coast Elementary
1637 Grant Street, Port Townsend, WA 98368
PK-50.8 mi
Blue Heron Middle School
3939 San Juan Avenue, Port Townsend, WA 98368
6-82.1 mi
Port Townsend High School
1500 Van Ness Street, Port Townsend, WA 98368
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2125 4th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Listed
$469,000
35.16%
MLS
11/16/2022
Sold
$347,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2125 4th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,156
1%
$246,518
4%
2023
$2,129
-3%
$236,518
-8%
2023
$2,196
—
$257,249
11%
2023
$2,196
11%
$232,009
18%
2021
$1,978
-3%
$196,153
—
2020
$2,029
-8%
$196,153
-15%
2019
$2,194
42%
$230,772
62%
2018
$1,547
16%
$142,075
9%
2017
$1,332
11%
$130,668
6%
2016
$1,204
3%
$122,754
3%
2015
$1,171
2%
$118,797
5%
2014
$1,150
—
$113,140
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Paul Cranston Rice | Compass | (206) 330-0314 and Louisa Cranston Rice | Compass | (206) 330-0314

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2125 4th Street, Port Townsend, WA 98368 (MLS# 2472579) is a Single Family property with 2 bedrooms and 2 full bathrooms. 2125 4th Street is currently listed for $469,000 and was received on February 06, 2026. Want to learn more about 2125 4th Street? Do you have questions about finding other Single Family real estate for sale in Port Townsend? You can browse all Port Townsend real estate or contact a Coldwell Banker agent to request more information.

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