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Lot F 1125 13th St 4 Unit Apartment Building $720,000 ($180,000/Unit) 7.17% Cap Rate Shelton, WA 98584
Investment Highlights
- Convenient Shelton Location
- Long Term Potential
- Rental Income
Executive Summary
Unique stucco 4-plex offering a rare combination of curb appeal, income potential, and a convenient Shelton location. Each of the four units features a spacious 2-bedroom, 1-bath layout with access to built-in garages, providing valuable parking and storage. With approximately 3,900 square feet of total living space, this multifamily property presents an excellent opportunity for investors seeking rental income and long-term potential. A distinctive property with solid upside in a desirable location—don’t miss the opportunity to add this unique 4-unit property to your portfolio. Note: A second unit is also available in this complex.
Property Facts
| Price | $720,000 | Building Class | C |
| Price Per Unit | $180,000 | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 3,900 SF |
| Cap Rate | 7.17% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1977 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | Multi Family, Residential - Multi-Family, Residential | ||
| Price | $720,000 |
| Price Per Unit | $180,000 |
| Sale Type | Investment |
| Cap Rate | 7.17% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 3,900 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1/1,000 SF |
| Zoning | Multi Family, Residential - Multi-Family, Residential |
Amenities
- Smoke Detector
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Carpet
- Dining Room
Site Amenities
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 865 |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 32018-64-00006 | Improvements Assessment | $317,825 |
| Land Assessment | $43,275 | Total Assessment | $361,100 |
Property Taxes
Parcel Number
32018-64-00006
Land Assessment
$43,275
Improvements Assessment
$317,825
Total Assessment
$361,100
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Lot F | 1125 13th St