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About the Listing 4704 - 67171
Strong rental income today, exciting potential for tomorrow! This centrally located Shelton fourplex is a great investment opportunity or an ideal house hack—live in one unit and let rent from the others help cover your mortgage payment. Each well-kept unit features 2 bedrooms and 1 bath, with one currently vacant, creating an opportunity for owner-occupied financing. Great long-term tenants occupy the other three units, and vacancies have historically been easy to fill. Renovated just a few years ago with a new roof, windows, and siding, the building also generates washer and dryer income. Nearly 3,000 square feet of unused storage space offers exceptional potential for added revenue, and a property management company is available for ongoing management. Established income, major updates, and room to build value!
Listing Highlights for 321 S Third St
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard,Forced Air,Wall Furnace
- Fireplaces: 0
- Floor: Vinyl,Carpet
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Dead End Street,Paved
- Garage Capacity: N/A
- Parking Spaces: 8
- Roof: Composition
- Others: Cement Planked,Wood,Updated/Remodeled
- Sewer: Sewer Connected
- Parking Features: Covered
Financial Details
- Tax Amount: $4,895
- Taxes w/Assessments: N/A
- Tax/Property ID: 320195402901
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
321 S Third St Shelton, WA 98584
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