$215,000 · SHELTON, WA 98584
Works for flippers · Works for landlords

Available

$215,000Asking price

3 bd · 2 ba · 1,360 sq ft · built 1940

SHELTON, WA 98584

No contract on file

via InvestorLift Classic

16 views · listed 5 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $360,000
Asking price: −$215,000
RepairsMiddle of the seller’s $50,000 – $60,000. Ours: $36,500 – $65,500: −$55,000
Loan, holding, closing20% down, 12% interest, 2 points, 82 days: −$25,327
Profit18.0% of ARV · flippers want 10%+: $64,673
Works

Works for a flipper up to $241,000.

COOPERS REAL ESTATE SOLUTIONS

Christian Phipps

No reviews yet

Comps

Sales

Rents

ARV $360,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $344,000.

The sales behind this value are shown to members.

ARV $360,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

COOPERS REAL ESTATE SOLUTIONS

Christian Phipps

No reviews yet

Seller Description

Off-market opportunity in Shelton, Mason County. This 3 bed / 2 bath home is about 1,360 sq ft on a 0.16-acre lot with a detached garage.

The numbers:

Asking price: $215K
Est. rehab: $50K
Est. ARV: $360K

The big-ticket items are already in good shape:

Roof approximately 5 years old
Updated plumbing
New mini-split
Kitchen approximately 10 years old

With the major systems done, this one is set up for a cosmetic-to-moderate rehab, not a full gut. The detached garage adds storage and buyer appeal on resale. It works as a flip or a long-term hold.

Closing December 1, 2026. Seller has up to 30 days after closing to vacate, secured by a $15K escrow holdback. We’re moving quickly on this one. Reach out to schedule a walkthrough.

Contact Christian for more information: (360) 265-2210