Shelton, WA Multifamily Homes & Duplexes for Sale

/22
$600,000
- 8 Beds
- 8 Baths
- 3,808 Sq Ft
601 Firwood Ct, Shelton, WA 98584

Firwood Gardens Townhome Community in Shelton! Great investment property and seller is selling 4 townhouses together and are all in the same building. Show Townhome Unit #605 is vacant with new carpet, new interior paint and new laminate flooring. Other 3 units will be shown on accepted offer. Please do not bother tenants. Easy 25-minute commute to Olympia. Close to stores, restaurants and city

Kent Stottlemyre Van Dorm Realty, Inc

601 Firwood Ct, Shelton, WA 98584
Explore Shelton
/6
$425,000
- 4 Beds
- 2 Baths
- 1,736 Sq Ft
332 S 3rd St, Shelton, WA 98584

INVESTOR ALERT...HOW ABOUT A TURN KEY 2019 BUILT DUPLEX IN THE HEART OF DOWNTOWN SHELTON WITH A CAP RATE OF 7.6%...TRY FINDING THAT ANYWHERE IN MASON COUNTY. Each side features 868 SF with 2 bedrooms and 1 bath. Large open living areas with kitchens and bathrooms NOT FROM 1975 and washer/dryer hookups to boot. Beat the heat with the ductless mini-split A/C. Enjoy the downtown living where you

Peter Henry Networks Real Estate LLC

332 S 3rd St, Shelton, WA 98584
/29
$415,000
- 4 Beds
- 2 Baths
- 1,684 Sq Ft
1433 E Dearborn Ave, Shelton, WA 98584

TURNKEY MONEY MAKING DUPLEX...GREAT CAP RATE. Updated 840 square foot units with 2 bedrooms and 1 bath on each side. Recent updates include FULLY updated kitchens and baths. Newer roof and windows too! 1433 is vacant and has fresh interior paint and new carpet. Each unit has one covered carport space plus easy street parking too. Wooded backyard is serene and natural...great place to relax and

Peter Henry Networks Real Estate LLC

1433 E Dearborn Ave, Shelton, WA 98584
/40
$695,000
- 6 Beds
- 3 Baths
- 3,225 Sq Ft
505 S 8th St, Shelton, WA 98584

Back to the Future with modern amenities and upgrades throughout. Traditional covered front porch welcomes you to the Great Room and cozy fireplace. Kitchen w/plenty of storage connects to covered back porch. Mstr Bdrm/bathroom/sitting room on main floor. Main bath is vintage black & white tiles. Main closet has modern space saving feature. Upstairs are 3 bdrms and 3/4 bath. Plenty of "eave"

Jerry Obendorf Keller Williams South Sound

505 S 8th St, Shelton, WA 98584
/15
$450,000
- 4 Beds
- 2 Baths
- 1,848 Sq Ft
1604 King St, Shelton, WA 98584

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

Lisa Le COMPASS

1604 King St, Shelton, WA 98584

Washington Mason County Shelton

Why Live in Shelton

Shelton, Washington, is a small town situated along Highway 101, known for its historical roots in lumber mills and oyster farming. Located 20 miles from Olympia and about 50 miles from Tacoma, Shelton offers homes with more acreage at lower prices compared to these larger cities. The town is surrounded by dense pine forests and waterways, including Oakland Bay and nearby lakes like Isabella Lake, providing ample opportunities for boating, fishing, and hiking. Olympia National Park, 25 miles away, features over 250 miles of hiking trails. Shelton's housing market is diverse, with early 20th-century Craftsman cottages near Oakland Bay, midcentury ranch-style homes in Mountain View, and a 55-plus mobile home park known as The Christmas Village. Downtown Shelton, centered on Railroad Avenue, hosts cafes, pubs, antique stores, and specialty shops, along with attractions like Shelton Cinemas and the Mason County Historical Society Museum. The town's largest event, OysterFest, draws visitors each October for oyster shucking championships, live music, and local food and drink vendors. Commuting is facilitated by Highway 101 and Mason Transit Authority buses, with Seattle-Tacoma International Airport 70 miles away for commercial flights. Shelton experiences mild weather with high precipitation in spring and winter, and while there is some risk of flooding, the city has measures in place to manage stormwater. Earthquakes are mild to moderate. Planned improvements to the downtown district include sidewalk repairs and tree replacements.

Learn more about living in Shelton

Home Trends in Shelton, WA

On average, homes in Shelton, WA sell after 61 days on the market compared to the national average of 52 days. The median sale price for homes in Shelton, WA over the last 12 months is $444,000, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$444,000

Median Single Family Sale Price

$444,000

Average Price Per Sq Ft

$314

Number of Homes for Sale

Last 12 months Home Sales

119

Months of Supply

1.60

Median List Price

$437,950

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Shelton, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $415,000 to $695,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Shelton is $437,950, while the average sale price is $500,411, offering insights into the local housing market. On average, multi-family homes spend 61 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Shelton, WA.

Shelton Types of Homes for Sale

Shelton Real Estate Listings

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More About Living in Shelton

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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.
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