Port Townsend Homes with 42 - Multi-Family Style

Port Townsend Homes with 42 - Multi-Family Style

Welcome to the charming city of Port Townsend, located in Jefferson County, Washington, USA. Known for its stunning natural beauty, rich history, and vibrant arts scene, Port Townsend is a hidden gem of the Pacific Northwest.

For those looking for investment opportunities, Port Townsend offers a range of multi-family homes perfect for those interested in real estate. With a selection of 42 multi-family style properties available, investors have the chance to capitalize on the growing demand for rental properties in this picturesque city.

Whether you're looking to expand your real estate portfolio or searching for a new home in a tight-knit community, Port Townsend has something for everyone. From historic Victorian homes to modern waterfront condos, the real estate market in Port Townsend caters to a variety of tastes and preferences.

Imagine owning a piece of Port Townsend's unique history while enjoying all the modern amenities this vibrant city has to offer. Don't miss out on the opportunity to own a piece of this thriving community and invest in the future of Port Townsend. Explore the multi-family homes available and discover the perfect property to call your own in this enchanting city by the sea.

Newest Port Townsend Homes with 42 - Multi-Family Style

$1,600,000
2532885 MLS ⋅ ACTIVE Status
Prime Development location in Port Townsend! Five plus Acres in 5 - tax parcels Zoned R-3. Full frontage right in the middle of the recent Discovery Rd. improvement district, with water / sewer stubbed onto the property, curbs, sidewalk, 2-way bike lanes, EV access, and full access curb cuts built. This is a quality property that is poised and ready for a housing development with most of the hard stuff completed. The seller had prepared numerous conceptual drawing for development, and completed many engineering tasks along with several meetings at the city.

2302 Discovery Road, Port Townsend

Listing courtesy of RE/MAX FIRST Inc Port Townsend.

$400,000
2528497 MLS ⋅ ACTIVE Status
Discover a rare and unique investment opportunity in the City of Port Townsend. This R-IV Multi-Family parcel is positioned at the corner of Rainier Street and Discovery Road. Much of the critical infrastructure is already established, including utilities in the street, brand-new sidewalks along Discovery Road, and integrated walking trails on Rainier Street that enhance the site’s future curb appeal and walkability. This property benefits from R-IV high-density zoning and the City of Port Townsend’s Multi-Family Tax Exemption (MFTE) programs. These incentives provide a clear path to maximizing ROI in a high-demand housing market. The R-IV zoning allows for 10–24 dwellings per structure, with a total density range of 15 to 48 units per 40,000 square feet (~1 acre). Whether you envision a residential complex or a maximum-density apartment project, this site offers the rare combination of established infrastructure, tax advantages, and a premier location. Secure one of Port Townsend's high-density parcels in this vibrant community and bring your vision to life.

99 XX Rainier Street, Port Townsend

Listing courtesy of Windermere R.E. Port Townsend.

$115,000
2443779 MLS ⋅ ACTIVE Status
This is a unique 10,000 sqft. lot with mature forest throughout. Zoned R-III (Multifamily), could be a perfect place to have multiple structures. Lots of privacy. Please confirm with City road access requirements and any other development requirements for the property.

1 xxxx Thomas Street, Port Townsend

Listing courtesy of Bell Tower Brokers.

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