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1433 E DEARBORN Avenue Shelton, WA $ 409,500
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1433 E DEARBORN Avenue
$ 409,500
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1433 E DEARBORN Avenue

Shelton, WA, 98584
$ 409,500
Baths0.0 Sq 1,684

Monthly Estimate*

$ 2,555

Listed by Networks Real Estate LLC
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Studio

Multi-Family Home for sale in Shelton, WA

for $409,500. This 1,684 square foot home was built in 1975 on a lot size of 0.22.

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 fire up the bbq. They don't come much easier than this one for either the savvy investor or first time buyer Great opportunity for owner occupant too! Easy commute to Olympia from this location. Get in on the passive income now with a worry free duplex.

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Multi-Family Pending

Price

$ 409,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,661

Style

Duplex

Lot Size

0.22

Year Built

1975

Town/City

Shelton

County/Region

Mason

MLS | Web ID

2420850
Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1975
Property Subtype Multi Family
Tax Year 2025
County Mason
Net Operating Income 37248
Insurance Expense 1659
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Mountain View
Possible Use Residential
Special Listing Conditions None
Status Pending
Directions WAZE APP IS LOVELY
High School Shelton High
City Shelton
Senior Community Y/N N
High School District Shelton
Zoning Description Residential
Open Parking Spaces 3
Number Of Units Total 2
MLS Area 175 - Shelton
Lot Size Units Square Feet
Lot Size Square Feet 9583
Carport Spaces 2
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Mountain View Elementary
Tax Annual Amount 2661
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Shelton Mid
Property Condition Good
Public Remarks 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 to
Leasable Area 1684
Structure Type Duplex
Building Area Units Square Feet
Standard Status Pending
Water Company CITY OF SHELTON
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 8.6
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Corner Lot Paved
Water Source Public
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 1684
Lot Size Acres 0.22
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Patio
Parking Uncovered Spaces 3
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2420850
Street Number 1 1433
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* Excluded Features
List By
Peter Henry

Listing Agent

Networks Real Estate Llc

Broker

Affordability Calculator

$2,776
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,555
Monthly Property Taxes
$222
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100419 Elementary School
3230174 Middle School
Shelton High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/2/2025$409,500 -1.33% Price Down
9/4/2025$415,000 -1.19% Price Down
8/15/2025$420,000 Listed Price

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1433 E DEARBORN Avenue, Shelton, WA, 98584 is a Multi-Family Home for sale at $409,500 with 1,684 sqft and a lot size of 0.22. 1433 E DEARBORN Avenue is a studio with 0.0 baths and was built in 1975. The property's zip code is 98584 which is in Shelton, WA

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