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

$895,000
3,900
SqFt

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Listing courtesy of Keller Williams Realty PS.

List Price
$895,000
Status
ACTIVE
MLS#
2500711
Price Change
▼ $10,000 1783631087
Days on Market
110
Style
54 - 4-Plex
Building Condition
Updated/Remodeled
Finished SqFt
3,900
Area Total SqFt
3900
Annual Tax Ammount
4400
Lot Size (sq ft)
16,553
Sewer
Sewer Connected

Property Description

PRIME TIME! Turn key 4-plex in the heart of Shelton, minutes from amenities and the hospital. Fully occupied and renovated—this is as close to new construction as it gets! Every unit has been completely remodeled with luxury LVP flooring, quartz countertops, hardwood cabinetry, brand-new appliances, and modern finishes throughout. Interiors feature fresh paint, abundant LED can lighting, new heaters, new doors, and fully updated bathrooms with new fixtures. Major exterior upgrades include a brand-new 30-year roof (2026), new seamless aluminum gutters and downspouts, new exterior paint, and energy-efficient double-pane vinyl windows. Each unit offers in-unit laundry along with a private oversized one-car attached garage—premium features that attract and retain quality tenants. A true long-term investment—all the hard work is done. Low-maintenance asset ready for immediate cash flow!

Additional Information

List Date
2026-04-07 15:58:11
Community
Shelton
Net Operating Income
$47,824
Gross Adjusted Income
$72,000
Gross Scheduled Income
$72,000
Total Monthly Income
$6,000
Insurance Expenses
$5,976
Water/Sewer/Garbage Expenses
$13,800
Gross Rent Multiplier
13.19
Total Expenses
$24,176
Cap Rate
5.03
Total Number of Units
4
Unit Name
1125
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1974
Roof
Composition
Site Features
Patio
Energy Source
Electric
School District
Pioneer #402
Elementary School
Pioneer Primary Sch
Middle School
Pioneer Intermed/Mid
High School
Shelton High
Total Monthly Income
$6,000
Gross Scheduled Income
$72,000
Gross Adjusted Income
$72,000
Tax Year
2025
Insurance Expense
$5,976
W/S/G Expenses
$13,800
Total Expenses
$24,176
Net Operating Income
$47,824
Gross Rent Multiplier
13.19
Cap Rate
5.03
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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