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150 NE State Route 300 Belfair, WA $ 539,000
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150 NE State Route 300
$ 539,000
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150 NE State Route 300

Belfair, WA, 98528
$ 539,000
Baths0.0 Sq 3,504

Monthly Estimate*

$ 3,363

Listed by Paramount Real Estate Group
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Studio

Multi-Family Home for sale in Belfair, WA

for $539,000. This 3,504 square foot home was built in 1970 on a lot size of 0.33.

Fantastic investment opportunity in the heart of Belfair! This well-located 4-plex offers four spacious 2-bed, 1-bath units, is connected to sewer, and features a brand-new roof installed in Summer 2025. The property needs some TLC, making it ideal for investors looking to add value and increase long-term returns. Units offer functional layouts and solid rental potential in a high-demand market. Centrally located near schools, shopping, Highway 3, and local amenities. A rare chance to acquire multifamily housing in Belfair with strong upside.

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Multi-Family Active

Price

$ 539,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,641

Style

4-Plex

Lot Size

0.33

Year Built

1970

Town/City

Belfair

County/Region

Mason

MLS | Web ID

2458130
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Subject to Tenant Rights
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1970
View Territorial
Property Subtype Multi Family
Tax Year 2025
Assoc Fee Paid Per Not Applicable
County Mason
Net Operating Income 33159
Insurance Expense 4000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Belfair
Special Listing Conditions None
Status Active
Directions WA 3 to State Route 300 entrance is at 140 State Route 300 (Evergreen Roofing) immediately behind Sandy's Mart/Shell Station across from QFC-Follow past building on right up slight hill to building.
High School North Mason Snr High
City Belfair
Senior Community Y/N N
High School District North Mason #403
Open Parking Spaces 4
Number Of Units Total 4
MLS Area 171 - Belfair/Hood Canal
Lot Size Units Square Feet
Lot Size Square Feet 14375
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional Owner Financing
Elementary School Buyer To Verify
Tax Annual Amount 3641.47
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Hawkins Mid
Property Condition Fixer
Public Remarks Fantastic investment opportunity in the heart of Belfair! This well-located 4-plex offers four spacious 2-bed 1-bath units is connected to sewer and features a brand-new roof installed in Summer 2025
Leasable Area 3504
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company Mason County PUD
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 6
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Dead End Street Open Space Paved
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 3504
Lot Size Acres 0.33
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially
Parking Uncovered Spaces 4
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Interior
Flooring Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 2
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 NWM2458130
Street Number 1 150
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* Excluded Features
List By
Janet Lovett

Listing Agent

Paramount Real Estate Group

Broker

Affordability Calculator

$3,666
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,363
Monthly Property Taxes
$303
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
3100638 Elementary School
256608 Middle School
North Mason Snr High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/1/2025$539,000 Listed Price

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150 NE State Route 300, Belfair, WA, 98528 is a Multi-Family Home for sale at $539,000 with 3,504 sqft and a lot size of 0.33. 150 NE State Route 300 is a studio with 0.0 baths and was built in 1970. The property's zip code is 98528 which is in Belfair, WA

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