1125 N 13th Street Unit #B, Shelton, WA 98584

$530,000
3,900
SqFt

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Listing courtesy of Alder Creek Real Estate LLC. Selling Office: Keller Williams Realty PS.

Sold Price
$530,000
List Price
$499,000
Status
SOLD
MLS#
2388795
Closing Date
Jun 23, 2025
Days on Market
1
Style
54 - 4-Plex
Finished SqFt
3,900
Area Total SqFt
3900
Annual Tax Ammount
4000
Lot Size (sq ft)
16,553
Sewer
Sewer Connected

Property Description

Rare opportunity to own a multi-family (FOUR-plex) on a well appointed parcel with long time tenants. This unit is perfect for the investor or contractor looking for a project at the right price OR live in one dwelling and rent the rest for great passive income. Convenient location places you within walking distance to schools, hospitals and shopping. Each unit offers 975 square feet of living space, 2 bedroom/1 bath with a dedicated garage, laundry hook-ups, and plenty of outdoor parking. CASH offers only and sold AS-IS! Call for an appointment today.

Additional Information

List Date
2025-06-22 00:00:00
Community
Shelton
Net Operating Income
$37,549
Gross Adjusted Income
$60,000
Gross Scheduled Income
$60,000
Total Monthly Income
$5,000
Insurance Expenses
$1,351
Water/Sewer/Garbage Expenses
$9,600
Gross Rent Multiplier
8.3
Total Expenses
$22,651
Cap Rate
7.5
Total Number of Units
4
Unit Name
1125
Potential Terms
Cash Out
Year Built
1974
View
Territorial
Roof
Composition, Flat, See Remarks
Site Features
Patio
Electric Expenses
100
Other Expenses
7500
Energy Source
Electric
School District
Shelton
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,000
Gross Scheduled Income
$60,000
Gross Adjusted Income
$60,000
Tax Year
2025
Insurance Expense
$1,351
W/S/G Expenses
$9,600
Total Expenses
$22,651
Net Operating Income
$37,549
Gross Rent Multiplier
8.3
Cap Rate
7.5
Based on information submitted to the MLS GRID as of . 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.
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