Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Uptown Realty
Property view

142 Arcadia Terrace, 
Port Townsend, WA 98368

$5,900,000


Bed


Bath


24,000

Sq Ft


Multi-Family

Sold

Listed by

Steve Fischer

Brendan Greenheck

Bought with Northmarq Commercial, LLC

Northmarq Commercial, LLC.

MLS#

2173044

Source:

NWMLS

Sorry, we are unable to map this address

About This Home

142 Arcadia Terrace

Northmarq is proud to present the Salish Gardens for sale. Renovated two bed/one bath units with garage and in unit laundry. 6.63% Cap Rate in Place. It is comprised of 12 duplex buildings, each with their own tax parcel number. The units boast a partially fenced back yard with a greenbelt backdrop, cement patio, and attached spacious garage. The freshly renovated, spacious interiors include new kitchen cabinets, quartz CT, stainless steel appliances, side by side WDs in a laundry room, flooring, doors, mill work, lighting, and more. Salish Gardens is located in an area with a stabilized vacancy rate that is below the submarket pre-pandemic average, and has seen significant rent growth along with a surge in investor interest.

Home Facts

Multi-Family

Built in 1997

Price Summary

6,250,000

$260 per Sq. Ft.

MLS #:

2173044

Sold:

May 17, 2024


Rooms & Interior

Interior

Living Area:

24,000 Sq. Ft.


Structure

Structure

Building Area:

24,000 Sq. Ft.

Year Built:

1997


Lot

Lot Size (Sq. Ft):

185,130


Finances & Disclosures

Finances

Price:

$6,250,000

Price per Sq. Ft:

$260 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 28, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.