Property Details
1125 N 13th (Lot D) Street #Lot D
Shelton, WA 98584
$740,000
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Property Overview
Rare Opportunity in Shelton! Charming Stucco 4-Plex with Exceptional Potential. Discover a truly unique investment priced $50K under appraisal. This well-maintained stucco 4-plex combines curb appeal, income-generating potential, and a prime location making it a standout choice for investors or owner-occupants. Each of the four 2-bedroom, 1-bath units features: Spacious, functional floorplans, Reliable electric baseboard heating, Access to built-in garages for added tenant appeal. With approximately 3,900 sq ft of total living space on a generous 10,454 sq ft lot, this low-rise multifamily building offers flexibility, stability, and room for long-term growth. A second unit in this complex is also available MLS #2454615
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Mason
Neighborhood
Mountain View
Listed
Nov 14, 2025
Structure Type
Quadruplex
Parcel Number
320186400004
Tax & HOA
Annual Property Tax
$4,100 (2025)
Est. Monthly Tax
$342/mo
Financial Summary
Cap Rate
6.12%
Net Operating Income
$45,359
Gross Scheduled Income
$58,800
Gross Rent Multiplier
12.58
Total Expenses
$13,441
Building & Use
Building Sq Ft
3,900
Leasable Area
3,900 sqft
Total Units
4
Zoning
Residential
Possible Use
Residential
Lot Size
10,454 sqft
Year Built
1975
Exterior & Lot
Lot Size
0.24 sqft
Year Built
1975
Garage
4 spaces
Exterior Materials
Stucco
Sewer
Available
Water Source
Public
Lot Features
Corner Lot, Cul-De-Sac
Exterior Features
Stucco
Community & Access
Directions
101 to Olympic Hwy North. Take Olympic HWY North. Turn left onto E "E" Street. Units are on the right.
Location
City
Shelton
County
Mason
Coordinates
47.22155, -123.11408
Additional Information
Tax Year
2025
Annual Taxes
$4,100
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 10:37 AM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
