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$400,000
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Property Description
Presenting a fully occupied 1,848 SF DUPLEX on a generous 14,810 SF lot, currently operating as transitional housing with strong potential for future conversion into market-rate rentals. This property generates an impressive $21,429 in annual NOI. This property features two 2-bed, 1-bath units, each with a comfortable living room, dining area, and spacious galley kitchen. Additional amenities include private patios, fully fenced yards, in-unit laundry, one-car garages for each unit, and ample parking for residents and guests. Conveniently located near restaurants, grocery stores, and major highways, this property offers strong rental potential and represents a solid investment opportunity for both experienced and first-time investors.
Full Property Details
Full Property Details for 1602 1604 King St
General
- Sold For: $400,000
- Taxes: $4,290 (2024)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2487541
- Added to Site: 83 day(s) ago
Interior
- Flooring: Vinyl, Carpet
Additional Information
- Amenities: Fenced-Fully, RV Parking
- Security/Safety: Fully Fenced
Parking
- Garage Spaces: 2
- Uncovered Spaces: 4
- Parking Features: RV Parking
Location
- Area: 175 - Shelton
- County: Mason
- Subdivision: Mountain View
- Driving Directions: From Olympic Hwy, turn left on E D St and onto King St - property will be on the left.
School Information
- High School District: Shelton
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Duplex
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 1
- Square Feet: 1,848
- Year Built: 1975
- Property Condition: Fair
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.2148
- Lot Size (Sq. Ft.): 9,356
- Lot Size Source: Public Records
- Lot Features: Corner Lot, Paved
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $4,290
- Tax Year: 2024
- Terms: Cash, Conventional, Rehab Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 320185718001
Listed by Lisa Le | Compass | (425) 242-6440 and Marius ion | Compass | (425) 242-6440
Sold by Ryan Reynolds | WEICHERT, Realtors Reynolds RE
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Schools
Schools serving 1602 1604 King St
School District:Shelton School District
| Name | Grades | Distance |
|---|---|---|
Mountain View Elementary School, Shelton, WA 534 East K Street, Shelton, WA 98584 | K-5 | 0.6 mi |
Olympic Middle School, Shelton, WA 800 East K Street, Shelton, WA 98584 | 6-7 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1602 1604 King St
Date
Details
Price
Change
Source
3/30/2026
Sold
$400,000
-5.88%
MLS
3/05/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1602 1604 King Street, Shelton, WA 98584 (MLS# 2487541) is a Multi-Family property that was sold at $400,000 on March 30, 2026. Want to learn more about 1602 1604 King Street? 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.

