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    Port Townsend, WA
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    Port Townsend, WA Apartment Buildings for Sale

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    Coupeville, WA Port Hadlock, WA Chimacum, WA
    Historic Mixed-Use Building For Sale
    $1,500,000
    Historic Mixed-Use Building For Sale

    1020 Water Street, Port Townsend, WA 98368

    Downtown Port Townsend mixed-use building with retail and residential units.
    • Historic building: Originally the State Bank of Washington.
    • Mixed‑use property: Retail space on the ground floor and residential apartments on the upper floors.
    • Central downtown location: Situated in the heart of the Business District.
    • Penthouse apartment: Well‑appointed with a grand fireplace and easy‑to‑use kitchen.
    • Updated infrastructure: Extensively remodeled 10 years ago with updated electrical, plumbing, and windows.
    Updated: May 15, 2025
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    Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 1 Active listings in Port Townsend, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 31 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Everett Multifamily Investment Opportunity
    $2,450,000
    11,856 SF
    Everett Multifamily Investment Opportunity

    Value-add multifamily property with renovation upside in desirable Everett location.

    2424 Rucker Ave, Everett, WA 98201

    View details
    Oak Harbor Multifamily Investment Opportunity
    $1,450,000
    4,704 SF
    Oak Harbor Multifamily Investment Opportunity

    8-unit apartment building in Oak Harbor with bay views.

    1475 9th Ave, Oak Harbor, WA 98277

    View details
    22-Unit Multifamily Property For Sale
    $4,284,000
    13,840 SF
    22-Unit Multifamily Property For Sale

    22-unit multifamily property featuring a new roof and parking.

    1902 Casino Rd, Everett, WA 98204

    View details
    Oak Harbor Mixed-Use Building
    $699,999
    Oak Harbor Mixed-Use Building

    Mixed-use building with bar, restaurant, and residential income potential.

    880 SE Pioneer Way, Oak Harbor, WA 98277

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Entitled Multifamily Development Opportunity
    $3,250,000
    0.83 Acres
    Entitled Multifamily Development Opportunity

    Permitted 50-unit multifamily development with retail space for sale.

    403 N River St lot: 403, 417, & 419, Hailey, ID 83333

    View details
    Pahrump Land Investment Opportunity
    Contact for pricing
    0.31 Acres
    Pahrump Land Investment Opportunity

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    2001 Casino Street, Pahrump, NV 89048

    View details
    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres
    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534

    View details
    Prime Commercial Land Opportunity
    $2,250,000
    89,438.00 Acres
    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384

    View details

    Off-Market Properties in Port Townsend, WA

    Consider similar Off-Market properties in Port Townsend, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    228 Logan St
    APARTMENT HOUSE (5+ UNITS)
    9,836 SF Lot: 0.69 Acres
    Estimated value
    $765,000

    228 Logan St, Port Townsend, WA 98368-2258

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    1814 Garfield St
    APARTMENT HOUSE (5+ UNITS)
    3,408 SF Lot: 0.13 Acres
    Value Estimation by Request

    1814 Garfield St, Port Townsend, WA 98368-7951

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    737 Franklin St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    2,796 SF Lot: 0.25 Acres
    Value Estimation by Request
    Unit 1

    737 Franklin St, Port Townsend, WA 98368-5840

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    2500 9th St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.81 Acres
    Value Estimation by Request

    2500 9th St, Port Townsend, WA 98368-2365

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    409 Walker St
    APARTMENT HOUSE (5+ UNITS)
    2,392 SF Lot: 0.18 Acres
    Value Estimation by Request

    409 Walker St, Port Townsend, WA 98368-6906

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    824 Grant St
    APARTMENT HOUSE (5+ UNITS)
    14,147 SF Lot: 0.46 Acres
    Value Estimation by Request

    824 Grant St, Port Townsend, WA 98368-2477

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    1509 9th St
    APARTMENT HOUSE (5+ UNITS)
    14,800 SF Lot: 0.92 Acres
    Estimated value
    $4,575,000

    1509 9th St, Port Townsend, WA 98368-2353

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    717 Franklin St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    2,266 SF Lot: 0.06 Acres
    Estimated value
    $590,000
    Unit 1

    717 Franklin St, Port Townsend, WA 98368-5838

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    1033 Pierce St
    APARTMENT HOUSE (5+ UNITS)
    2,597 SF Lot: 0.12 Acres
    Value Estimation by Request

    1033 Pierce St, Port Townsend, WA 98368-6461

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    730 Willow St
    APARTMENT HOUSE (5+ UNITS)
    3,200 SF Lot: 0.23 Acres
    Value Estimation by Request

    730 Willow St, Port Townsend, WA 98368-5242

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    1201 Hancock St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 4.09 Acres
    Value Estimation by Request

    1201 Hancock St, Port Townsend, WA 98368-8513

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    819 Washington St
    APARTMENT HOUSE (5+ UNITS)
    3,543 SF Lot: 0.03 Acres
    Value Estimation by Request

    819 Washington St, Port Townsend, WA 98368-5719

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    633 Van Buren St
    APARTMENT HOUSE (5+ UNITS)
    7,824 SF Lot: 0.60 Acres
    Value Estimation by Request

    633 Van Buren St, Port Townsend, WA 98368-8048

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    1635 Fir St
    APARTMENT HOUSE (5+ UNITS)
    4,372 SF Lot: 0.23 Acres
    Value Estimation by Request

    1635 Fir St, Port Townsend, WA 98368-3836

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    703 Van Buren St
    APARTMENT HOUSE (5+ UNITS)
    2,004 SF Lot: 0.26 Acres
    Value Estimation by Request

    703 Van Buren St, Port Townsend, WA 98368-8054

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    491 Discovery Rd
    APARTMENT HOUSE (5+ UNITS)
    26,840 SF Lot: 3.04 Acres
    Estimated value
    $855,000

    491 Discovery Rd, Port Townsend, WA 98368-6133

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    724 Tyler St
    APARTMENT HOUSE (5+ UNITS)
    3,456 SF Lot: 0.13 Acres
    Value Estimation by Request

    724 Tyler St, Port Townsend, WA 98368-6567

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    1010 Cedar St
    APARTMENT HOUSE (5+ UNITS)
    3,324 SF Lot: 0.24 Acres
    Value Estimation by Request

    1010 Cedar St, Port Townsend, WA 98368-4000

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    1605 10th St
    APARTMENT HOUSE (5+ UNITS)
    9,720 SF Lot: 0.46 Acres
    Value Estimation by Request

    1605 10th St, Port Townsend, WA 98368-2357

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    1235 Landes St
    APARTMENT HOUSE (5+ UNITS)
    34,000 SF Lot: 2.35 Acres
    Estimated value
    $745,000

    1235 Landes St, Port Townsend, WA 98368-8331

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    620 Hancock St
    APARTMENT HOUSE (5+ UNITS)
    18,528 SF Lot: 1.07 Acres
    Estimated value
    $565,000

    620 Hancock St, Port Townsend, WA 98368-2452

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    112 Castellano Way
    APARTMENT HOUSE (5+ UNITS)
    16,087 SF Lot: 2.37 Acres
    Estimated value
    $610,000

    112 Castellano Way, Port Townsend, WA 98368-5005

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    228 Thomas St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.42 Acres
    Value Estimation by Request

    228 Thomas St, Port Townsend, WA 98368-2268

    View details

    Port Townsend, WA Apartment Buildings Investment Opportunities Market Analysis

    Explore 32 apartment buildings for sale in Port Townsend, WA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for two-family homes in Port Townsend, WA start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 17K
    Population Growth (5Y) +9.8%
    Median Household Income $67,061
    College Educated 73.0%

    High-Yield Neighborhoods for Investment

    Identify Port Townsend submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    98368 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.86%
    Property Tax per SF $7.05 per sq ft
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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