1602 King Street, Shelton, WA 98584

Local realty services provided by:Imagine Realty ERA Powered
Listed by:lisa le
Office:compass
MLS#:2339344
Source:NWMLS
1602 King Street,Shelton, WA 98584
$450,000
  • - Beds
  • - Baths
  • 1,848 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$450,000
  • Price per sq. ft.:$243.51

About this home

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.

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Home facts

  • Year built:1975
  • Listing ID #:2339344
  • Updated:September 26, 2025 at 12:16 AM

Rooms and interior

  • Living area:1,848 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1975
  • Building area:1,848 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$243.51
  • Tax amount:$4,290 (2024)
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