1433 E DEARBORN Avenue, Shelton, WA 98584
- $399,000
- 1,684
- SqFt
Listing courtesy of Networks Real Estate LLC. Selling Office: Skyline Properties, Inc..
- Sold Price
- $399,000
- List Price
- $409,500
- Status
- SOLD
- MLS#
- 2420850
- Closing Date
- Dec 30, 2025
- Days on Market
- 108
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,684
- Area Total SqFt
- 1684
- Annual Tax Ammount
- 2661
- Lot Size (sq ft)
- 9,583
- Sewer
- Sewer Connected
Property Description
TURNKEY MONEY MAKING DUPLEX...GREAT CAP RATE. Updated 840 square foot units with 2 bedrooms and 1 bath on each side. Recent updates include FULLY updated kitchens and baths. Newer roof and windows too! 1433 is vacant and has fresh interior paint and new carpet. Each unit has one covered carport space plus easy street parking too. Wooded backyard is serene and natural...great place to relax and fire up the bbq. They don't come much easier than this one for either the savvy investor or first time buyer Great opportunity for owner occupant too! Easy commute to Olympia from this location. Get in on the passive income now with a worry free duplex.
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Additional Information
- List Date
- 2025-09-13 00:00:00
- Community
- Mountain View
- Net Operating Income
- $37,248
- Gross Adjusted Income
- $37,248
- Gross Scheduled Income
- $41,568
- Total Monthly Income
- $3,242
- Insurance Expenses
- $1,659
- Gross Rent Multiplier
- 10
- Total Expenses
- $4,320
- Cap Rate
- 8.6
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 1433
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1975
- Roof
- Composition
- Site Features
- Cable TV, Patio
- Energy Source
- Electric
- School District
- Shelton
- Elementary School
- Mountain View Elementary
- Middle School
- Shelton Mid
- High School
- Shelton High
- Total Monthly Income
- $3,242
- Gross Scheduled Income
- $41,568
- Vacancy Rate
- 5
- Gross Adjusted Income
- $37,248
- Tax Year
- 2025
- Insurance Expense
- $1,659
- Total Expenses
- $4,320
- Net Operating Income
- $37,248
- Gross Rent Multiplier
- 10
- Cap Rate
- 8.6
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.