509 W B St Shelton, WA 98584
Estimated payment $2,032/month
About This Lot
Rare development and investment opportunity in the heart of Mason county! This parcel is 6.22 acres and zoned for six duplexes totaling 12 future units. Whether you want to just do the development phase and sell the project from there or take it from infrastructure to rental portfolio - you can't go wrong. Ideal location near shopping, schools & amenities all while being on a quiet street. Preliminary plat approval was issued 5/15/23 and is valid for 5 years - 2028. Developer will need to construct civil improvements and have them approved/accepted by the city to get the final plat issued. Selling for less than $65k/duplex making this a killer investment!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2453645
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,276
Lot Details
- 6.22 Acre Lot
- Sloped Lot
- Zoning described as Multi-Family
Additional Features
- Territorial Views
- Sewer in Street
Community Details
- No Home Owners Association
- Mountain View Subdivision
Listing and Financial Details
- Assessor Parcel Number 420241590064
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,044 | $116,705 | $116,705 | -- |
| 2023 | $1,044 | $98,235 | $98,235 | $0 |
| 2022 | $1,159 | $92,675 | $92,675 | $0 |
| 2021 | $1,366 | $92,675 | $92,675 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $375,000 | +29.3% | -- | |
| 05/15/2020 05/15/20 | Sold | $290,000 | 0.0% | $232 / Sq Ft | View Prior Sale |
| 03/18/2020 03/18/20 | Pending | -- | -- | -- | |
| 03/10/2020 03/10/20 | For Sale | $289,900 | -- | $232 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $230,000 | Aegis Land Title Group | |
| Warranty Deed | $69,719 | Mason County Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Seller Take Back | |
| Previous Owner | $52,500 | Closed End Mortgage |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2453645
APN: 42024-15-90064
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Ask me questions while you tour the home.