Shelton, WA 98584 332 S 3rd Street
$424,000
12 more
Presented By: Networks Real Estate LLC and NWMLS
- MLS# 2423698
- 08/20/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 1,736
Home Details
INVESTOR ALERT…HOW ABOUT A TURN KEY 2019 BUILT DUPLEX IN THE HEART OF DOWNTOWN SHELTON WITH A CAP RATE OF 7.85%…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. Washer/dryer hookups to boot. Beat the heat with the ductless mini-split A/C. Enjoy the downtown living where you can walk anywhere from your dead end paved street. Rents below market at $1652 per side with room for growth and tenants pay all the utilities so ALL YOU DO IS COLLECT THE RENTS. Tons of driveway parking. Why “remodel” an old one when you can start making $$ right from the get go. Priced to move! Call your savvy investors NOW! These don’t come around!
Presented By: Networks Real Estate LLC and NWMLS
Interior Features for 332 S 3rd Street
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 332 S 3rd Street
Building Area UnitsSquare Feet
Cap Rate7.85
Carport Spaces
Carport Y/NNo
CityShelton
CoolingDuctless
CountyMason
DirectionsGPS will get you right to the door!
Electric Expense
Elementary SchoolBordeaux Elem
Fuel Expense
HOANo
HOA Fee$
HeatingDuctless, Wall Unit(s)
High SchoolShelton High
High School DistrictShelton
Insurance Expense2500
Leasable Area1736
Listing TermsCash Out, Conventional, FHA, VA Loan
Lot Size Square Feet6098
Lot Size UnitsSquare Feet
MLS Area175 – Shelton
Middle/Junior High SchoolShelton Mid
ModificationTimestamp2025-09-26T17:28:11.989Z
NWM_ShowMapLinkY
Net Operating Income33368
New ConstructionNo
Number Of Units Total2
Open Parking Spaces4
PossessionClosing
Possible UseResidential
Property ConditionGood
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksINVESTOR ALERT…HOW ABOUT A TURN KEY 2019 BUILT DUPLEX IN THE HEART OF DOWNTOWN SHELTON WITH A CAP RATE OF 7.85%…TRY FINDING THAT ANYWHERE IN MASON COUNTY. Each side features 868 SF with 2 bedroom
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameDowntown
Tax Annual Amount3780
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanyCITY OF SHELTON
Water Sewer Garbage0
Year Built2019
Zoning DescriptionResidential
Exterior for 332 S 3rd Street
Building Area Total1736
Covered Spaces
Exterior AmenitiesCement/Concrete, Wood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesDead End Street, Paved
Lot Size Acres0.14
Parking Uncovered Spaces4
Site FeaturesCable TV, Deck
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Bordeaux Elem
High School
Shelton High
Middle School
Shelton Mid
Josh QA1
REALTOR ® SRES ®