USAWAPort TownsendPort Townsend99 Xx Rainier Street
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$400,000

For Sale

A month ago

99 XX Rainier Street, Port Townsend, WA

MLS® 2528497

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes $838
Days Active 35
Lot Size 1.17 acres
Approx. Age 
MLS® Number 2528497

Property Address: 99 XX Rainier Street, Port Townsend, WA, 98368

Average square foot calculated using Size range provided by listing agent.

Description

Discover a rare and unique investment opportunity in the City of Port Townsend. This R-IV Multi-Family parcel is positioned at the corner of Rainier Street and Discovery Road. Much of the critical infrastructure is already established, including utilities in the street, brand-new sidewalks along Discovery Road, and integrated walking trails on Rainier Street that enhance the site’s future curb appeal and walkability. This property benefits from R-IV high-density zoning and the City of Port Townsend’s Multi-Family Tax Exemption (MFTE) programs. These incentives provide a clear path to maximizing ROI in a high-demand housing market. The R-IV zoning allows for 10–24 dwellings per structure, with a total density range of 15 to 48 units per 40, 000 square feet (~1 acre). Whether you envision a residential complex or a maximum-density apartment project, this site offers the rare combination of established infrastructure, tax advantages, and a premier location. Secure one of Port Townsend's high-density parcels in this vibrant community and bring your vision to life.
MLS® Number2528497
Laundry Level
Central VacNo
FireplaceNo
Acreage1.17
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 22, 2026List Date
$400,000List Price
  • Commute

Commute

Starting Address
Destination Address
99 XX Rainier Street, Port Townsend, WA

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