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$399,000
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Property Description
TURNKEY MONEY MAKING DUPLEX...GREAT CAP RATE. Updated 840 square foot units with 2 bedrooms and 1 bath on each side. Recent updates include FULLY updated kitchens and baths. Newer roof and windows too! 1433 is vacant and has fresh interior paint and new carpet. Each unit has one covered carport space plus easy street parking too. Wooded backyard is serene and natural...great place to relax and fire up the bbq. They don't come much easier than this one for either the savvy investor or first time buyer Great opportunity for owner occupant too! Easy commute to Olympia from this location. Get in on the passive income now with a worry free duplex.
Full Property Details
Full Property Details for 1433 E Dearborn Ave
General
- Sold For: $399,000
- Taxes: $2,661 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2420850
- Added to Site: 154 day(s) ago
Interior
- Flooring: Vinyl, Carpet
Additional Information
- Amenities: Cable TV, Patio
Parking
- Carport Spaces: 2
- Uncovered Spaces: 3
Location
- Area: 175 - Shelton
- County: Mason
- Subdivision: Mountain View
- Driving Directions: WAZE APP IS LOVELY
School Information
- High School District: Shelton
- Elementary School: Mountain View Elementary
- Middle School: Shelton Mid
- High School: Shelton High
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Unit(s)
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Duplex
- Exterior Const.: Wood, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 1
- Square Feet: 1,684
- Year Built: 1975
- Property Condition: Good
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size Source: COUNTY RECORD
- Lot Features: Corner Lot, Paved
- Zoning: Residential
Financial Considerations
- Tax Amount: $2,661
- Tax Year: 2025
- Terms: Cash Out, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 320205304917
Listed by Peter Henry | Networks Real Estate LLC | (360) 528-5000
Sold by Yana Klymok | Skyline Properties, Inc.
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Schools
Schools serving 1433 E Dearborn Ave
School District:Shelton School District
| Name | Grades | Distance |
|---|---|---|
Bordeaux Elementary School 350 East University Avenue, Shelton, WA 98584 | K-5 | 0.8 mi |
Olympic Middle School, Shelton, WA 800 East K Street, Shelton, WA 98584 | 6-7 | 2.5 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 1433 E Dearborn Ave
Date
Details
Price
Change
Source
12/30/2025
Sold
$399,000
-2.56%
MLS
10/18/2025
Price Reduced
$409,500
-1.33%
MLS
9/04/2025
Price Reduced
$415,000
-1.19%
MLS
8/15/2025
Listed
$420,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1433 E Dearborn Avenue, Shelton, WA 98584 (MLS# 2420850) is a Multi-Family property that was sold at $399,000 on December 30, 2025. Want to learn more about 1433 E Dearborn Avenue? Do you have questions about finding other Multi-Family real estate for sale in Shelton? You can browse all Shelton real estate or contact a Coldwell Banker agent to request more information.

