$725,000
Est. $4,016/moPrice increased $130,000 from the original $595,000 asking price
5 bd•2 ba•4,148 sq ft
703 W Railroad, Shelton, WA 98584
• Listed Jun 30, 2026•112 days active · 112 cumulative
Listing Broker: AgencyOne; Nikki Boad; 425-772-7500; nikkiboad0505@gmail.com
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Listing Broker: AgencyOne; Nikki Boad; 425-772-7500; nikkiboad0505@gmail.com
About this home
Rare mixed-use investment opportunity in the heart of downtown Shelton! This versatile property offers incredible flexibility for investors, owner-users, or entrepreneurs looking to establish a presence in a thriving downtown location. The upper level is currently occupied by long-term tenants who would love to stay, providing immediate rental income, but they are willing to vacate if a buyer prefers to occupy the space.The street-level commercial space offers endless possibilities, including retail, office, restaurant, studio, or service-based business. With excellent visibility, abundant street parking, and a prime downtown location, this property is well-positioned for a wide range of uses. MLS information does not fully reflect the property's restroom amenities. The building includes multiple toilets and several communal sinks.
Listed by Nikki Boad • AgencyOne
Listing updated: September 20, 2026 at 01:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2547575
Around this home
How much should you offer?
703 W Railroad, Shelton, WA 98584
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Fireplace
- 2 fireplaces (wood burning)
- None, Roughed In basement
Kitchen
- Dishwasher
Bedrooms
- 5 bedrooms total
- 5 upstairs
Bathrooms
- 1 full bathroom
- 2 half bathrooms
- 2 bathrooms total (NWMLS count)
- 2 on the main level
Layout
- 2 Story
- 4,148 sq ft finished
Flooring
- Hardwood
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDiggerShelton School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level
Systems
- Energy source
- Electric,Natural Gas
- Power production
- Electric, Natural Gas
- Power company
- PUD3
- Water company
- City of Shelton
- Sewer company
- City of Shelton
- Gas company
- Cascade Natural Gas
- Garbage service
- Mason County Garbage
- Irrigation water rights
- No
Rooms & extras
- Showers
- 3
- Fireplaces upstairs
- 1
- Fireplaces lower level
- 1
New construction
- Square footage source
- Realist
- Lot size source
- Realist
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 703 W Railroad
NWMLS via MLS Grid · Mason County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 20, 2026Price raisedNWMLS via MLS Grid · #2547575$725,000$175/sq ft
- Jun 30, 2026ListedNWMLS via MLS Grid · #2547575$595,000$143/sq ft
- May 22, 2023SoldNWMLS via MLS Grid · #1984974$475,000$115/sq ft
- Feb 24, 2023PendingNWMLS via MLS Grid · #1984974$499,999$121/sq ft
- Feb 24, 2023Price reducedNWMLS via MLS Grid · #1984974$499,999$121/sq ft
- Aug 19, 2022ListedNWMLS via MLS Grid · #1984974$649,000$156/sq ft
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$4,503 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: AgencyOne; Nikki Boad; 425-772-7500; nikkiboad0505@gmail.com
Market pulse
Shelton is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 76 days.
Recent sales nearby
Within 1 mile · last 6 months$320,000 Sold
2 weeks ago
5 bd•1.75 ba•~1,658 sq ft•Single Family
634 Dearborn Avenue, Shelton, WA 98584
10%
Under list
110
Days on market
1.0 mi
Distance
$275,000 Sold
2 weeks ago
3 bd•1.75 ba•~1,196 sq ft•Single Family
416 N 8th Street, Shelton, WA 98584
8%
Under list
84
Days on market
0.2 mi
Distance
$45,000 Sold
4 weeks ago
•Single Family
218 Park Street, Shelton, WA 98584
10%
Under list
723
Days on market
0.4 mi
Distance
$45,000 Sold
4 weeks ago
•Single Family
202 Park Street, Shelton, WA 98584
10%
Under list
723
Days on market
0.4 mi
Distance
$260,000 Sold
7 weeks ago
4 bd•1.75 ba•~1,738 sq ft•Single Family
421 Ellinor Avenue, Shelton, WA 98584
2%
Under list
219
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 20, 2026 at 4:21 PM PT (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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