1602 King Street, Shelton, WA 98584

Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: lisa le, marius ion
Office: compass
MLS#:2339344
Source:NWMLS
1602 King Street,Shelton, WA 98584
$450,000
  • - Beds
  • - Baths
  • 1,848 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$450,000
  • Price per sq. ft.:$243.51

About this home

Presenting a fully occupied 1,848 SF DUPLEX on a generous 14,810 SF lot, currently operating as transitional housing with strong potential for future conversion into market-rate rentals. This property generates an impressive $21,429 in annual NOI. This property features two 2-bed, 1-bath units, each with a comfortable living room, dining area, and spacious galley kitchen. Additional amenities include private patios, fully fenced yards, in-unit laundry, one-car garages for each unit, and ample parking for residents and guests. Conveniently located near restaurants, grocery stores, and major highways, this property offers strong rental potential and represents a solid investment opportunity for both experienced and first-time investors.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1975
  • Listing ID #:2339344
  • Updated:November 26, 2025 at 11:59 AM

Rooms and interior

  • Living area:1,848 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1975
  • Building area:1,848 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$243.51
  • Tax amount:$4,290 (2024)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 26, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

New listings near 1602 King Street