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

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    Historic Mixed-Use Building For Sale
    Updated: May 15, 2025
    Historic Mixed-Use Building For Sale

    1020 Water Street, Port Townsend, WA 98368

    $1,500,000
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    22-Unit Multifamily Property For Sale
    22-Unit Multifamily Property For Sale

    1902 Casino Rd, Everett, WA 98204

    $3,600,000
    13,840 sqft

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

    View details
    Multifamily Property with 14 Units
    Multifamily Property with 14 Units

    2614 Rucker Ave, Everett, WA 98201

    $3,095,000
    8,820 sqft

    Multifamily property featuring 14 units in Everett, Washington.

    View details
    Mixed-Use Opportunity in Growing Area
    Mixed-Use Opportunity in Growing Area

    615 Cedar Ave, Marysville, WA 98270

    $1,100,000
    8,261 sqft

    Mixed-use property with multi-family potential in a growing area.

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    Stabilized Multifamily Asset in Marysville
    Stabilized Multifamily Asset in Marysville

    1094 Columbia Ave, Marysville, WA 98270

    $5,750,000

    Well-maintained multifamily property with high occupancy in central Marysville location.

    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.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

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

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

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    Commercial Land with Freeway Exposure
    Commercial Land with Freeway Exposure

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    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)

    228 Logan St, Port Townsend, WA 98368-2258

    $765,000
    Estimated value
    9,836 sqft 0.69 AC lot
    View details
    1814 Garfield St
    APARTMENT HOUSE (5+ UNITS)

    1814 Garfield St, Port Townsend, WA 98368-7951

    Value Estimation by Request
    3,408 sqft 0.13 AC lot
    View details
    737 Franklin St, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    737 Franklin St, Port Townsend, WA 98368-5840

    Unit 1
    Value Estimation by Request
    2,796 sqft 0.25 AC lot
    View details
    2500 9th St
    APARTMENT HOUSE (5+ UNITS)

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

    Value Estimation by Request
    0.81 AC lot
    View details
    409 Walker St
    APARTMENT HOUSE (5+ UNITS)

    409 Walker St, Port Townsend, WA 98368-6906

    Value Estimation by Request
    2,392 sqft 0.18 AC lot
    View details
    824 Grant St
    APARTMENT HOUSE (5+ UNITS)

    824 Grant St, Port Townsend, WA 98368-2477

    Value Estimation by Request
    14,147 sqft 0.46 AC lot
    View details
    1509 9th St
    APARTMENT HOUSE (5+ UNITS)

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

    $4,575,000
    Estimated value
    14,800 sqft 0.92 AC lot
    View details
    717 Franklin St, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    717 Franklin St, Port Townsend, WA 98368-5838

    Unit 1
    $590,000
    Estimated value
    2,266 sqft 0.06 AC lot
    View details
    1033 Pierce St
    APARTMENT HOUSE (5+ UNITS)

    1033 Pierce St, Port Townsend, WA 98368-6461

    Value Estimation by Request
    2,597 sqft 0.12 AC lot
    View details
    730 Willow St
    APARTMENT HOUSE (5+ UNITS)

    730 Willow St, Port Townsend, WA 98368-5242

    Value Estimation by Request
    3,200 sqft 0.23 AC lot
    View details
    1201 Hancock St
    APARTMENT HOUSE (5+ UNITS)

    1201 Hancock St, Port Townsend, WA 98368-8513

    Value Estimation by Request
    4.09 AC lot
    View details
    819 Washington St
    APARTMENT HOUSE (5+ UNITS)

    819 Washington St, Port Townsend, WA 98368-5719

    Value Estimation by Request
    3,543 sqft 0.03 AC lot
    View details
    633 Van Buren St
    APARTMENT HOUSE (5+ UNITS)

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

    Value Estimation by Request
    7,824 sqft 0.60 AC lot
    View details
    1635 Fir St
    APARTMENT HOUSE (5+ UNITS)

    1635 Fir St, Port Townsend, WA 98368-3836

    Value Estimation by Request
    4,372 sqft 0.23 AC lot
    View details
    703 Van Buren St
    APARTMENT HOUSE (5+ UNITS)

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

    Value Estimation by Request
    2,004 sqft 0.26 AC lot
    View details
    491 Discovery Rd
    APARTMENT HOUSE (5+ UNITS)

    491 Discovery Rd, Port Townsend, WA 98368-6133

    $855,000
    Estimated value
    26,840 sqft 3.04 AC lot
    View details
    724 Tyler St
    APARTMENT HOUSE (5+ UNITS)

    724 Tyler St, Port Townsend, WA 98368-6567

    Value Estimation by Request
    3,456 sqft 0.13 AC lot
    View details
    1010 Cedar St
    APARTMENT HOUSE (5+ UNITS)

    1010 Cedar St, Port Townsend, WA 98368-4000

    Value Estimation by Request
    3,324 sqft 0.24 AC lot
    View details
    1605 10th St
    APARTMENT HOUSE (5+ UNITS)

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

    Value Estimation by Request
    9,720 sqft 0.46 AC lot
    View details
    1235 Landes St
    APARTMENT HOUSE (5+ UNITS)

    1235 Landes St, Port Townsend, WA 98368-8331

    $745,000
    Estimated value
    34,000 sqft 2.35 AC lot
    View details
    620 Hancock St
    APARTMENT HOUSE (5+ UNITS)

    620 Hancock St, Port Townsend, WA 98368-2452

    $565,000
    Estimated value
    18,528 sqft 1.07 AC lot
    View details
    112 Castellano Way
    APARTMENT HOUSE (5+ UNITS)

    112 Castellano Way, Port Townsend, WA 98368-5005

    $610,000
    Estimated value
    16,087 sqft 2.37 AC lot
    View details
    228 Thomas St
    APARTMENT HOUSE (5+ UNITS)

    228 Thomas St, Port Townsend, WA 98368-2268

    Value Estimation by Request
    0.42 AC lot
    View details

    Port Townsend, WA Apartment Buildings Market Trends and Statistics

    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 average 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 SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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