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717 Franklin Street, 
Port Townsend, WA 98368

$799,000

—

Bed

—

Bath

2,266

Sq Ft

Multi-Family

Active

Listed by

Abbie Little

Bell Tower Brokers

Last updated:

January 18, 2026, 08:58 PM

MLS#

2454346

Source:

NWMLS

About This Home

717 Franklin Street

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-à-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.

Home Facts

Multi-Family

Built in 1891

Price Summary

799,000

$352 per Sq. Ft.

MLS #:

2454346

Last Updated:

January 18, 2026, 08:58 PM

Rooms & Interior

Interior

Living Area:

2,266 Sq. Ft.

Structure

Structure

Building Area:

2,266 Sq. Ft.

Year Built:

1891

Lot

Lot Size (Sq. Ft):

2,680

Finances & Disclosures

Finances

Price:

$799,000

Price per Sq. Ft:

$352 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 January 22, 2026. 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 © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.