1,125 Sq. Ft.
$417 / Sq. Ft.
1,125
Sq. Ft.
$417
per Sq. Ft.

Description

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...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.

Listing Agents

  1. Paul Cranston Rice

    Paul Cranston Rice

    Listing Agent

    Compass

    paul.rice@compass.com

    P: (206)-595-5441

  2. Louisa Cranston Rice

    Louisa Cranston Rice

    Alternative Listing Agent

    Compass

Property Details for 2125 4th Street

Community Name
Castle Hill
School District
Port Townsend #50
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
02-06-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 02/07/2026 05:04 AM

Property Details for 2125 4th Street

StatusActive
MLS #2472579
Days on Market2
Cumulative Days on Market2
Taxes$2,129 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1928
Lot Size0.20 AC / 8,712 SF
CountyJefferson County
Buyer's Agent Compensation2%

Location

Listing Courtesy of Compass
Add your commute

Building Information for 2125 4th Street

Stories-Year Built1928Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$2,463 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,286

Property Taxes

$177

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2125 4th Street

Summary
Location and General Information
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Site Features: Outbuildings, Shop
  • Area: 480 - Port Townsend
  • Elementary School: Salish Coast Elementary
  • Middle Or Junior School: Blue Heron Mid
  • High School: Port Townsend High
  • Directions: Follow Sims Way to Thomas St. Follow to right on 4th. Follow to home on the left.
  • Bus Route Number: 4, 7, 8
  • Property Sub Type: RESI
  • Bus Line Nearby: true
  • View: No
  • Waterfront: No
  • Entry Location: Main
  • Direction Faces: North
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Attached Garage: No
  • Carport: No
  • Parking Type: Off Street
  • Open Parking: No
  • Parking Features: Off Street
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Full Baths Lower: 0
  • Full Baths Main: 2
  • Full Baths Upper: 0
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 2
  • ADU Baths: 1
Bedroom Information
  • Bedrooms Main: 2
  • Bedrooms Upper: 0
  • Bedrooms Lower: 0
  • Master Bedroom Level: Main
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Hardwood
  • Basement: None
  • Features: Ceiling Fan(s), Water Heater
  • Water Heater Location: Utility Room
  • Room and Floor: Bonus Room-Main, Entry Hall-Main, Family Room-Main, Kitchen With Eating Space-Main, Primary Bedroom-Main, Studio-Main, Utility Room-Main, Bathroom Full-Main, Bedroom-Main
  • Appliances: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Cooling: Yes
  • Cooling: Ductless
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Ductless
  • FIRPTA: No
  • Water Heater Type: Electric
  • Room List: Bonus Room, Entry Hall, Family Room, Kitchen With Eating Space, Primary Bedroom, Studio, Utility Room, Bathroom Full, Bedroom
  • Number Of Showers: 2
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Metal
  • Appliances That Stay: Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Property
Utilities
  • Water Source: Public
  • Power Company: Jefferson County PUD
  • Sewer Company: City of Port Townsend
  • Water Company: City of Port Townsend
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Foundation: Pillar/Post/Pier, Poured Concrete
  • Level: One
  • Lot Topography: Level
  • First Right Of Refusal: false
  • MLS Square Footage Source: MLS
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 35
Lot Information
  • Lot Details: Paved, Secluded
  • Lot Size Source: MLS
  • Parcel Number Free Text: 974700301
  • Calculated Square Footage: 1455
  • Structure Type: House
  • Square Footage Finished: 1125
  • Square Footage Unfinished: 0
  • Vegetation: Fruit Trees, Garden Space
  • Building Area Total: 1125.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Rental
Rent Information
  • Occupant Type: Tenant
  • Land Lease: No

Property History for 2125 4th Street

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Listed (Active)

NWMLS #2472579

$469,000—
Nov 30, 2022

Sold

NWMLS #1983803

$347,000—
Sep 15, 2022

Pending

NWMLS #1983803

—
Aug 16, 2022

Listed (Active)

NWMLS #1983803

$347,000—
Jan 10, 2018

Sold

NWMLS #1162193

$268,000—
Dec 16, 2017

Pending

NWMLS #1162193

—
Jul 17, 2017

Listed (Active)

NWMLS #1162193

$299,000—
Apr 10, 2016

Sold

NWMLS #872819

$194,500—
Feb 20, 2016

Pending

NWMLS #872819

—
Jan 12, 2016

Listed (Active)

NWMLS #872819

$175,000—
Apr 19, 2013

Sold

NWMLS #412327

$122,500—
Apr 7, 2013

Pending

NWMLS #412327

—
Oct 5, 2012

Listed (Active)

NWMLS #412327

$129,500—
May 25, 2000

Sold

NWMLS #80108703

$90,500—
Mar 24, 2000

Listed (Active)

NWMLS #80108703

$90,500—
DateEvent & SourcePrice
02/06/2026

Listed (Active)

NWMLS #2472579

$469,000
11/30/2022

Sold

NWMLS #1983803

$347,000
09/15/2022

Pending

NWMLS #1983803

—
08/16/2022

Listed (Active)

NWMLS #1983803

$347,000
01/10/2018

Sold

NWMLS #1162193

$268,000
12/16/2017

Pending

NWMLS #1162193

—
07/17/2017

Listed (Active)

NWMLS #1162193

$299,000
04/10/2016

Sold

NWMLS #872819

$194,500
02/20/2016

Pending

NWMLS #872819

—
01/12/2016

Listed (Active)

NWMLS #872819

$175,000
04/19/2013

Sold

NWMLS #412327

$122,500
04/07/2013

Pending

NWMLS #412327

—
10/05/2012

Listed (Active)

NWMLS #412327

$129,500
05/25/2000

Sold

NWMLS #80108703

$90,500
03/24/2000

Listed (Active)

NWMLS #80108703

$90,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2125 4th Street

Taxable ValueLand$105,000Additions$141,518Total$246,518
Tax Record2025$2,156 ($180 / month)
Home Facts
Beds1Baths1Total Finished SqFt761 SqFtAbove Ground SqFt761 SqFtStories1Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built1928ZoningC-IICountyJEFFERSONAPN974700301Fireplace TypeHas Fireplace

Schools near 2125 4th Street

This home is within Port Townsend School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Salish Coast Elementary
PublicPK to 5

Blue Heron Middle School
Public6 to 8

Port Townsend High School
Public9 to 12

Ocean K-12
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2125 4th Street is a single family home for sale in Port Townsend, WA 98368. This property was listed for sale on February 6, 2026 by Compass, it's currently listed at $469,000. It has been on the market for a total of 2 days and was last sold on November 30, 2022. This listing's school district is Port Townsend School District. Nearby schools include Salish Coast Elementary, Blue Heron Middle School and Port Townsend High School. 2125 4th Street is a 2-bed, 2-bath, 1,125 sqft single family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass

Based on information submitted to the MLS GRID as of 02/07/2026 05:04 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.