Port Townsend, WA Residential Income Properties for Sale

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Updated: Mar 30

Updated Home in Uptown

1738 Washington St, Port Townsend, WA 98368

$123,333

12,300 sqft

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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 a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 57 Potential Opportunities for your consideration. Besides 2 Active listings in Port Townsend, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 47 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.

Octagonal Fourplex with Private Balconies

6194 6200 NE Pine Street, Suquamish, WA 98392

$875,000

Four three-story residences provide townhouse-style layouts with individual balconies.

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Mixed-Use Restaurant and Lodging Property

111 W Bell St, Sequim, WA 98382

$2,950,000

Combines a multi-level restaurant with guest suites, living quarters, and a private cottage accommodation.

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Train Car Short-Term Rental Property

24 Old Coyote Way, Sequim, WA 98382

$2,055,900

Established guest lodging operation with remodeled cabooses, dining, recreation, laundry, and landscaped grounds.

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Manufactured On Land

19102 Division Avenue NE, Suquamish, WA 98392

$158,000

Residential land & home lots

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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.

Sequim Waterview Lot For Sale

570 North St, Sequim, WA 98382

$195,000

2.11 AC lot

2.11-acre waterview lot in gated community with beach access.

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Residential Land Parcel with Views

NKA Highway 101 lot: 1, Sequim, WA 98382

$365,000

6.65 AC lot

Flat, usable pastureland in a residential zone with privacy from mature trees and mountain-view exposure.

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Gated Waterfront Land Parcel

Sofie Ridge Lane, Sequim, WA 98382

$209,000

2.60 AC lot

Residential waterfront land in a gated community with community water and drainfield and privacy among mature trees.

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Residential Building Lot

577 Simdars Rd, Sequim, WA 98382

$235,000

5.04 AC lot

Build a custom home on a residential-zoned lot with proximity to Sequim and access to nearby recreation.

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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.

APARTMENT HOUSE (5+ UNITS)

228 Logan St, Port Townsend, WA 98368-2258

Estimated value:

$945,000

9,836 sqft 0.69 AC lot

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MOBILE HOME PARK, TRAILER PARK

1757 Landes St, Port Townsend, WA 98368-8319

Estimated value:

$255,000

0.08 AC lot

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MOBILE HOME PARK, TRAILER PARK

1705 Landes St, Port Townsend, WA 98368-8319

Estimated value:

$260,000

0.08 AC lot

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MOBILE HOME PARK, TRAILER PARK

1733 Landes St, Port Townsend, WA 98368-8319

Estimated value:

$260,000

0.08 AC lot

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MOBILE HOME PARK, TRAILER PARK

1749 Landes St, Port Townsend, WA 98368-8319

Estimated value:

$260,000

0.08 AC lot

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MOBILE HOME PARK, TRAILER PARK

1773 Landes St, Port Townsend, WA 98368-8319

Estimated value:

$260,000

0.08 AC lot

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MOBILE HOME PARK, TRAILER PARK

1785 Landes St, Port Townsend, WA 98368-8319

Estimated value:

$255,000

0.08 AC lot

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MOBILE HOME PARK, TRAILER PARK

1946 Eddy St, Port Townsend, WA 98368-5941

Estimated value:

$285,000

964 sqft 0.11 AC lot

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APARTMENT HOUSE (5+ UNITS)

1814 Garfield St, Port Townsend, WA 98368-7951

Estimated value:

$280,000

3,408 sqft 0.13 AC lot

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APARTMENT HOUSE (5+ UNITS)

737 Franklin St, Port Townsend, WA 98368-5840

Unit 1

Estimated value:

$285,000

2,796 sqft 0.25 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

$320,000

0.81 AC lot

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APARTMENT HOUSE (5+ UNITS)

409 Walker St, Port Townsend, WA 98368-6906

Estimated value:

$265,000

2,392 sqft 0.18 AC lot

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APARTMENT HOUSE (5+ UNITS)

824 Grant St, Port Townsend, WA 98368-2477

Estimated value:

$385,000

14,147 sqft 0.46 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

$4,680,000

14,800 sqft 0.92 AC lot

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APARTMENT HOUSE (5+ UNITS)

717 Franklin St, Port Townsend, WA 98368-5838

Unit 1

Estimated value:

$610,000

2,266 sqft 0.06 AC lot

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MOBILE HOME PARK, TRAILER PARK

190 Lowr Adelma Bch Rd, Port Townsend, WA 98368-9645

Estimated value:

$720,000

672 sqft 0.58 AC lot

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APARTMENT HOUSE (5+ UNITS)

1033 Pierce St, Port Townsend, WA 98368-6461

Estimated value:

$255,000

2,597 sqft 0.12 AC lot

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APARTMENT HOUSE (5+ UNITS)

730 Willow St, Port Townsend, WA 98368-5242

Estimated value:

$265,000

3,200 sqft 0.23 AC lot

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MOBILE HOME PARK, TRAILER PARK

4831 Discovery Rd, Port Townsend, WA 98368-9022

Estimated value:

$305,000

983 sqft 4.17 AC lot

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APARTMENT HOUSE (5+ UNITS)

1201 Hancock St, Port Townsend, WA 98368-8513

Estimated value:

$325,000

4.09 AC lot

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APARTMENT HOUSE (5+ UNITS)

819 Washington St, Port Townsend, WA 98368-5719

Estimated value:

$225,000

3,543 sqft 0.03 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

$420,000

7,824 sqft 0.60 AC lot

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Port Townsend, WA Residential Income Properties Market Trends and Statistics

Explore 49 residential income properties for sale in Port Townsend, WA on our real estate platform. These investment opportunities span a total of 12,300 square feet of properties for sale, with an estimated market value of $1,623,333.

Sale prices for residential income properties in Port Townsend, WA start at $123,333, averaging $811,666, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$811.7K

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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Port Townsend, WA Residential Income Properties for Sale

1738 Washington St, Port Townsend, WA 98368

1020 Water Street, Port Townsend, WA 98368

Opportunities in Nearby Cities

6194 6200 NE Pine Street, Suquamish, WA 98392

111 W Bell St, Sequim, WA 98382

24 Old Coyote Way, Sequim, WA 98382

19102 Division Avenue NE, Suquamish, WA 98392

Potential Development Sites for Consideration

570 North St, Sequim, WA 98382

NKA Highway 101 lot: 1, Sequim, WA 98382

Sofie Ridge Lane, Sequim, WA 98382

577 Simdars Rd, Sequim, WA 98382

Off-Market Properties in Port Townsend, WA

228 Logan St, Port Townsend, WA 98368-2258

1757 Landes St, Port Townsend, WA 98368-8319

1705 Landes St, Port Townsend, WA 98368-8319

1733 Landes St, Port Townsend, WA 98368-8319

1749 Landes St, Port Townsend, WA 98368-8319

1773 Landes St, Port Townsend, WA 98368-8319

1785 Landes St, Port Townsend, WA 98368-8319

1946 Eddy St, Port Townsend, WA 98368-5941

1814 Garfield St, Port Townsend, WA 98368-7951

737 Franklin St, Port Townsend, WA 98368-5840

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

409 Walker St, Port Townsend, WA 98368-6906

824 Grant St, Port Townsend, WA 98368-2477

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

717 Franklin St, Port Townsend, WA 98368-5838

190 Lowr Adelma Bch Rd, Port Townsend, WA 98368-9645

1033 Pierce St, Port Townsend, WA 98368-6461

730 Willow St, Port Townsend, WA 98368-5242

4831 Discovery Rd, Port Townsend, WA 98368-9022

1201 Hancock St, Port Townsend, WA 98368-8513

819 Washington St, Port Townsend, WA 98368-5719

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

Port Townsend, WA Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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