Lake Ballinger, Mountlake Terrace Multi-Family Homes & Duplexes for Sale

Explore Similar Apartments Within 2 Miles of Lake Ballinger, WA

/40
$2,200,000
- 6 Beds
- 4 Baths
- 2,877 Sq Ft
116 4th Ave N, Edmonds, WA 98020

Own a piece of history in the heart of downtown Edmonds! This 1902 Victorian home offers modern updates & historic charm paired with a renovated 1930s carriage house (DADU). Rare BD2 zoning, providing unmatched flexibility for STRs, retail, office or hospitality. Great visibility & curb appeal, perfectly positioned to enjoy seasonal farmers markets, car shows, & parades. Modern updates, coupled

Amy Alpeza Windermere Real Estate/East

116 4th Ave N, Edmonds, WA 98020
/22
$3,775,000
- 10,000 Sq Ft
408 - 414 3rd Ave S, Edmonds, WA 98020

Coming to market for the first time in over 40 + years, this rare investment opportunity is located just two blocks from Downtown Edmonds - a highly coveted, prestigious and tightly held community. Marine View Apartments provide both new and experienced investors the chance to acquire a property in an unparalleled location. New owner(s) will benefit from the desirable proximity to Seattle while

Alan Wileman Pacific Crest

408 - 414 3rd Ave S, Edmonds, WA 98020
/29
$4,550,000
- 20 Beds
- 20 Baths
- 12,775 Sq Ft
19425 76th Ave W, Lynnwood, WA 98036

This well-maintained 16-unit property offers investors immediate operational upside by implementing a utility bill-back system while benefiting from an attractive assumable loan at a 3.41% interest rate, fixed until January 2031. The building consists of twelve spacious 1BD/1BTH units and four 2BD/1.5BTH units, with 14 of the 16 units recently updated to feature new kitchen countertops, stainless

Michael Urquhart Paragon Real Estate Advisors

19425 76th Ave W, Lynnwood, WA 98036
/14
$1,299,500
- 8 Beds
- 4 Baths
- 3,648 Sq Ft
5030 212th St SW, Mountlake Terrace, WA 98043

Beautifully maintained 4-Plex in "The Village," offering a prime location just minutes from I-5, I-405, and shopping! New roof in 2024! Interior updates include kitchen cabinet, countertops and flooring. Each spacious 2BR/1BA unit features an in-unit washer and dryer. Long-term tenants provide stable income with potential future rent increases. The property includes 4 assigned parking spaces and

Joyce Liu Da Li International Realty LLC

5030 212th St SW, Mountlake Terrace, WA 98043

Washington Mountlake Terrace Lake Ballinger

Why Live in Lake Ballinger

Lake Ballinger in Mountlake Terrace, Washington, offers a blend of recreational opportunities and suburban living. Situated on the city's west side, it provides easy access to Seattle, Bothell, Everett, and Bellevue via major freeways. The neighborhood features a residential area to the north and the expansive 55-acre Ballinger Park to the south. The park includes a large lake for kayaking, fishing, and swimming, sports fields, a playground, and a creek restoration project to enhance local wildlife habitats. Residents can also enjoy the Interurban Trail, which extends 24 miles to Everett, and the public Nile Shrine Golf Course. Housing options range from single-family homes and apartments to condos, particularly around Lakeview Drive and 74th Ave. Dining is centered along 56th Avenue and 244th Street, with family-owned eateries and two breweries. Popular spots include Espresso Break, Time Out: Greek and American Restaurant, Baguus Little Asia, and Hemlock State Brewery. Grocery shopping is available at Ballinger Thriftway, with more options expected as the town center redevelops. Community events like Terrace Summer Nights, the 3rd of July celebration, and the Tour De Terrace festival foster strong local engagement. The Edmonds School District serves the area, with highly rated schools such as Brier Terrace Middle and Mountlake Terrace High, which offers a STEM Magnet program. Commuters benefit from proximity to Interstate 5 for a 14-mile drive to Seattle, and future light rail access will enhance connectivity. The neighborhood's crime rate is lower than the national average, adding to its appeal.

Learn more about living in Lake Ballinger

Home Trends in Lake Ballinger, WA

On average, homes in Lake Ballinger, Mountlake Terrace sell after 127 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Ballinger, Mountlake Terrace over the last 12 months is $211,990.

Housing Trends

Median Sale Price

$211,990

Median Single Family Sale Price

$211,990

Average Price Per Sq Ft

$153

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

9.60

Median List Price

$387,500

Median Change From 1st List Price

How to Buy a Home How to Finance a Home How to Sell a Home

Lake Ballinger Types of Homes for Sale

More About Living in Lake Ballinger

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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 by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID