Listed by Paramount Real Estate Group
$539,000
PENDING

150 NE State Route 300 Belfair, WA 98528

Estimated payment $3,136/month

Total Views 498
8 Beds
4 Baths
3,504 Sq Ft
$154 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Territorial View
  • Open Space
  • 4-minute walk to Tahuya State Forest 4x4 Park

About This Home

Fantastic investment opportunity in the heart of Belfair! This well-located 4-plex offers four spacious 2-bed, 1-bath units, is connected to sewer, and features a brand-new roof installed in Summer 2025. The property needs some TLC, making it ideal for investors looking to add value and increase long-term returns. Units offer functional layouts and solid rental potential in a high-demand market. Centrally located near schools, shopping, Highway 3, and local amenities. A rare chance to acquire multifamily housing in Belfair with strong upside.

Listing Agent

Janet Lovett

Paramount Real Estate Group License #24138 Listed on: 11/30/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2458130

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 1970

Lot Details

  • 0.33 Acre Lot
  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,504 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Hawkins Mid Middle School
  • North Mason Snr High School

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Belfair Subdivision

Listing and Financial Details

  • Assessor Parcel Number 123294190102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,641

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1970
  • MLS Status: Pending Inspection
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 3504
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Open Space, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Mason County PUD
  • WaterCompany: Mason County PUD
  • CableConnected: Buyer to Verify
  • InternetConnected: Buyer to Verify

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Not Applicable
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: North Mason #403
  • High School: North Mason Snr High
  • Middle Or Junior School: Hawkins Mid

Lot Info

  • Parcel Number: 123294190102
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3400

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3641.47

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2025 12/07/25 Pending -- -- --
11/30/2025 11/30/25 For Sale $539,000 -- $154 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2458130

Northwest Multiple Listing Service (NWMLS)

APN: 12329-41-90102