717 Franklin St Port Townsend, WA 98368
Estimated payment $4,866/month
Highlights
- Bay View
- Vinyl Plank Flooring
- High Speed Internet
- No HOA
- Baseboard Heating
- 1-minute walk to Rothschild House Historic Site
About This Home
Prime investment property in Port Townsend’s sought-after Uptown district, walkable to shops, dining, parks, and downtown attractions, and conveniently located near the bus line. This well-maintained four-plex includes four 1bd/1ba units with interior access. Two lower units have excellent long-term tenants; two updated upper units are vacant and lease-ready—or ideal as owner pied-à-terre options. Recent improvements include a new roof, exterior paint, updated upper units, new stair carpet, landscaping, and spray-foam insulation. While STRs aren’t allowed, the front unit has performed well as a furnished medium-term rental. Strong rental demand and a high-appreciation location make this a stable, turnkey asset.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2454346
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,527
Year Built
- Built in 1891
Lot Details
- 2,680 Sq Ft Lot
- Lot Dimensions are 40x67
- Partially Fenced Property
Property Views
- Bay
- Mountain
Home Design
- Quadruplex
- Flat Roof Shape
- Pillar, Post or Pier Foundation
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,266 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
- Vinyl Plank
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Open Parking
Schools
- Salish Coast Elementary School
- Blue Heron Mid Middle School
- Port Townsend High School
Utilities
- Baseboard Heating
- Private Water Source
- High Speed Internet
Community Details
- No Home Owners Association
- Uptown Subdivision
Listing and Financial Details
- Assessor Parcel Number 989709003
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $6,095 | $748,560 | $272,800 | $475,760 |
| 2023 | $6,095 | $679,114 | $243,000 | $436,114 |
| 2022 | $5,672 | $674,114 | $238,000 | $436,114 |
| 2021 | $5,434 | $584,843 | $220,200 | $364,643 |
| 2020 | $5,116 | $540,447 | $201,850 | $338,597 |
| 2019 | $4,603 | $496,051 | $183,500 | $312,551 |
| 2018 | $4,880 | $484,521 | $180,200 | $304,321 |
| 2017 | $4,369 | $449,137 | $164,450 | $284,687 |
| 2016 | $3,744 | $429,504 | $164,450 | $265,054 |
| 2015 | $3,580 | $382,761 | $156,975 | $225,786 |
| 2014 | -- | $363,128 | $156,975 | $206,153 |
| 2013 | -- | $345,835 | $149,500 | $196,335 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/12/2025 11/12/25 | For Sale | $820,000 | +39.8% | $362 / Sq Ft | |
| 01/07/2021 01/07/21 | Sold | $586,500 | -3.1% | $259 / Sq Ft | View Prior Sale |
| 11/10/2020 11/10/20 | Pending | -- | -- | -- | |
| 10/14/2020 10/14/20 | Price Changed | $605,000 | -1.6% | $267 / Sq Ft | |
| 07/31/2020 07/31/20 | For Sale | $615,000 | -- | $271 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $586,500 | Jefferson Title | |
| Warranty Deed | $586,500 | Jefferson Title Co Inc | |
| Interfamily Deed Transfer | -- | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $265,000 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2454346
APN: 989709003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
- 533 Quincy St
- 842 Washington St Unit 204
- 842 Washington St Unit 203
- 537 Jackson St
- 800 Polk St Unit 204C
- 509 Garfield St
- 410 Lincoln St
- 7 XXX Water St
- 1055 Monroe St
- 1407 Jefferson St
- 301 E St
- 1602 Lincoln St
- 1738 Washington St
- 1815 Lawrence St
- 1707 Jackson St
- 999 Reed St
- 1930 Lawrence St Unit A31
- 9999 Maple Parcel A & B St
- 9999 Maple Parcel A St
- 2021 Clay St
- 2500 9th St
- 191 Airport Rd
- 51 Colwell St
- 31 Colwell St
- 10894 Rhody Dr
- 9 NW Front St
- 5 Front St NW
- 250 North St Unit A
- 250 North St
- 180 Parker Rd
- 392 Buck Loop Rd
- 275 SE Pioneer Way Unit 100
- 275 SE Pioneer Way Unit 204
- 270 SE Pioneer Way
- 380 SE Barrington Dr
- 1121 SE Dock St
- 300 E Whidbey Ave
- 520 E Whidbey Ave Unit 205
- 2279 Elger Park Rd
- 2288 Wagner Rd