332 S 3rd Street Shelton, WA $ 419,000
332 S 3rd Street
$ 419,000
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332 S 3rd Street

Shelton, WA, 98584
$ 419,000
Baths0.0 Sq 1,736

Monthly Estimate*

$ 2,614

Listed by Networks Real Estate LLC
332 S 3rd Street, Shelton, WA 98584 - Image 1
332 S 3rd Street, Shelton, WA 98584 - Image 2
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332 S 3rd Street, Shelton, WA 98584 - Image 8
332 S 3rd Street, Shelton, WA 98584 - Image 9
332 S 3rd Street, Shelton, WA 98584 - Image 10
332 S 3rd Street, Shelton, WA 98584 - Image 11
332 S 3rd Street, Shelton, WA 98584 - Image 12
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332 S 3rd Street, Shelton, WA 98584 - Image 17
Studio

Multi-Family Home for sale in Shelton, WA

for $419,000. This 1,736 square foot home was built in 2019 on a lot size of 0.14.

INVESTOR ALERT...HOW ABOUT A TURN KEY 2019 BUILT DUPLEX IN THE HEART OF DOWNTOWN SHELTON WITH A CAP RATE OF 7.9%...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!

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Multi-Family Active

Price

$ 419,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,780

Style

Duplex

Lot Size

0.14

Year Built

2019

Town/City

Shelton

County/Region

Mason

MLS | Web ID

2423698

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless Wall Unit(s)
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Year Built 2019
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Mason
Net Operating Income 33368
Insurance Expense 2500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Downtown
Possible Use Residential
Special Listing Conditions None
Status Active
Directions GPS will get you right to the door!
High School Shelton High
City Shelton
Senior Community Y/N N
High School District Shelton
Zoning Description Residential
Open Parking Spaces 4
Number Of Units Total 2
MLS Area 175 - Shelton
Lot Size Units Square Feet
Lot Size Square Feet 6098
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Bordeaux Elem
Tax Annual Amount 3780
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Shelton Mid
Property Condition Good
Public Remarks INVESTOR ALERT...HOW ABOUT A TURN KEY 2019 BUILT DUPLEX IN THE HEART OF DOWNTOWN SHELTON WITH A CAP RATE OF 7.9%...TRY FINDING THAT ANYWHERE IN MASON COUNTY. Each side features 868 SF with 2 bedrooms
Leasable Area 1736
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company CITY OF SHELTON
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 7.9
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Exterior
Exterior Amenities Cement/Concrete Wood Wood Products
Lot Features Dead End Street Paved
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 1736
Lot Size Acres 0.14
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck
Parking Uncovered Spaces 4
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Y
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 NWM2423698
Street Number 1 332
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* Excluded Features
List By
Peter Henry

Listing Agent

Networks Real Estate Llc

Broker

Affordability Calculator

$2,929
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,614
Monthly Property Taxes
$315
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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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
258172 Elementary School
3230174 Middle School
Shelton High High School
Pricing History
DatePricePrice ChangeDescription
10/2/2025$419,000 -1.18% Price Down
9/26/2025$424,000 -0.24% Price Down
9/4/2025$425,000 -2.30% Price Down
8/22/2025$435,000 Listed Price

Map


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332 S 3rd Street, Shelton, WA, 98584 is a Multi-Family Home for sale at $419,000 with 1,736 sqft and a lot size of 0.14. 332 S 3rd Street is a studio with 0.0 baths and was built in 2019. The property's zip code is 98584 which is in Shelton, WA