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$820,000

  • For Sale
  • Active
  • Multi-Family

Listed by Abbie Little | Bell Tower Brokers | (360) 344-2143

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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-á-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.

Full Property Details for 717 Franklin St

General

  • Price: $820,000
  • Taxes: $6,527 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2454346
  • Updated: 11/13/2025
  • Added to Site: 67 day(s) ago

Interior

  • Flooring: Laminate, Vinyl Plank, Carpet

Additional Information

  • Amenities: Fenced-Partially, High Speed Internet
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 4

Location

  • Area: 480 - Port Townsend
  • County: Jefferson
  • Subdivision: Uptown
  • Driving Directions: Lawrence street south on Quincy right on Franklin.

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

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Private

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood
  • Foundation: Pillar/Post/Pier, Poured Concrete
  • Roof: Composition, Flat
  • Stories in Building: 2
  • Square Feet: 2,266
  • Year Built: 1891

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Bay, Mountain(s)
  • Lot Size (Acres): 0.0615
  • Lot Size (Sq. Ft.): 2,680
  • Lot Size Source: County Assessor
  • Lot Dimensions: 40 x 67
  • Lot Features: Paved
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $6,527
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 989709003

Listed by Abbie Little | Bell Tower Brokers | (360) 344-2143

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Schools serving 717 Franklin St

School District:Port Townsend School District
NameGradesDistance
Salish Coast Elementary
1637 Grant Street, Port Townsend, WA 98368
PK-51.7 mi
Blue Heron Middle School
3939 San Juan Avenue, Port Townsend, WA 98368
6-81.3 mi
Port Townsend High School
1500 Van Ness Street, Port Townsend, WA 98368
9-120.6 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 717 Franklin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/12/2025
Listed
$820,000
39.81%
MLS
12/24/2020
Sold
$586,500
—
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 717 Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,527
7%
$748,560
10%
2023
$6,095
6%
$679,114
1%
2023
$5,739
—
$674,114
15%
2023
$5,739
6%
$584,843
8%
2021
$5,434
6%
$540,447
9%
2020
$5,116
11%
$496,051
2%
2019
$4,602
-6%
$484,521
8%
2018
$4,880
12%
$449,137
5%
2017
$4,369
17%
$429,504
12%
2016
$3,744
5%
$382,761
5%
2015
$3,580
2%
$363,128
5%
2014
$3,515
—
$345,836
—
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 Abbie Little | Bell Tower Brokers | (360) 344-2143

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717 Franklin Street, Port Townsend, WA 98368 (MLS# 2454346) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 717 Franklin Street is currently listed for $820,000 and was received on November 12, 2025. Want to learn more about 717 Franklin Street? Do you have questions about finding other Multi-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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