717 Franklin Street, Port Townsend, WA 98368 (MLS # 2454346)
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Listing provided courtesy of Northwest MLS; Bell Tower Brokers
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Prime investment property in Port Townsend's sought-after Uptown district, walkable to shops, dining, parks, and downtown attractions, and conveniently located near the bus line. This well-maintained four-plex includes four 1bd/1ba units with interior access. Two lower units have excellent long-term tenants; two updated upper units are vacant and lease-ready"”or ideal as owner pied-Ã -terre options. Recent improvements include a new roof, exterior paint, updated upper units, new stair carpet, landscaping, and spray-foam insulation. While STRs aren't allowed, the front unit has performed well as a furnished medium-term rental. Strong rental demand and a high-appreciation location make this a stable, turnkey asset.
| LAST UPDATED | 11/12/2025 | TRACT | Uptown |
|---|---|---|---|
| YEAR BUILT | 1891 | COMMUNITY | Uptown |
| COUNTY | Jefferson | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Salish Coast Elementary |
|---|---|
| Jr. High School | Blue Heron Mid |
| High School | Port Townsend High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 480 - Port Townsend |
| BASEMENT | Yes |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| LOT | 2679 sq ft |
| LOT DESCRIPTION | Paved |
| LOT DIMENSIONS | 40x67 |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 54 - 4-Plex |
| SUBDIVISION | Uptown |
| TAXES | 6527 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, Mountain(s) |
| WATER | Private |
| ZONING | Multi-Family |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/13/25 7:52 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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