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Stucco 4-Plex for Sale! (Lot D) 1125 N 13th St 8 Unit Apartment Building $1,460,000 ($182,500/Unit) 3.10% Cap Rate Shelton, WA 98584
Investment Highlights
- Curb Appeal
- Exceptional Potential
- Investment
Executive Summary
Rare Opportunity in Shelton! Two charming Stucco 4-Plex's with Exceptional Potential. Discover a truly unique investment priced $50K under appraisal. This well-maintained stucco 4-plex combines curb appeal, income-generating potential, and a prime location making it a standout choice for investors or owner-occupants. Each of the four 2-bedroom, 1-bath units features: Spacious, functional floorplans, Reliable electric baseboard heating, Access to built-in garages for added tenant appeal. With approximately 3,900 sq ft of total living space on a generous 10,454 sq ft lot, this low-rise multifamily building offers flexibility, stability, and room for long-term growth.
Property Facts
| Price | $1,460,000 | Building Class | C |
| Price Per Unit | $182,500 | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 3,900 SF |
| Cap Rate | 3.10% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Multi-Family Residential - Multi-Family Residential | ||
| Price | $1,460,000 |
| Price Per Unit | $182,500 |
| Sale Type | Investment |
| Cap Rate | 3.10% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 3,900 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 1/1,000 SF |
| Zoning | Multi-Family Residential - Multi-Family Residential |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
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Property Taxes
| Parcel Number | 32018-64-00003 | Improvements Assessment | $335,570 |
| Land Assessment | $41,810 | Total Assessment | $377,380 |
Property Taxes
Parcel Number
32018-64-00003
Land Assessment
$41,810
Improvements Assessment
$335,570
Total Assessment
$377,380
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Richard Beckman Realty Group
Stucco 4-Plex for Sale! (Lot D) | 1125 N 13th St
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