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Mountlake Terrace, WA Multifamily Home for Sale

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    $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

Why Live in Mountlake Terrace

Mountlake Terrace, WA, is a metropolitan suburb north of Seattle with a population of around 22,000. This smaller city offers a blend of urban and outdoor living, featuring nine parks within its 4-mile radius, trails, and a waterfront area. The city is conveniently located near major employers in Bothell and Everett, and is close to Seattle, making it an attractive location for residents. Housing options include single-family homes ranging from mid-century ranch styles to new traditional designs, particularly in areas like Lake Ballinger and Town Center. Condos and apartments are also available in neighborhoods such as Cascade View and Gateway. Mountlake Terrace boasts nearly 270 acres of recreational space, including Ballinger Lake with its fishing pier and Nile Shrine Golf Course. Terrace Creek Park, known locally as "Candy Cane Park," hosts movie nights and live music during the Terrace Summer Nights series. For shopping, Ballinger Village offers retail options, while state Highway 99 features major grocers and big box stores. The Edmonds School District serves the area, with highly rated schools such as Brier Elementary, Brier Terrace Middle School, and Mountlake Terrace High School. The city is accessible via Sound Transit light rail, Interstate 5, and Community Transit buses, connecting residents to Seattle and SeaTac Airport. Safety is a consideration, with violent crime figures decreasing since 2021, although vehicle thefts and burglaries have seen an uptick.

Home Trends in Mountlake Terrace, WA

Housing Trends

Median Sale Price
$667,500
Median Single Family Sale Price
$790,000
Median Townhouse Sale Price
$667,500
Median 2 Bedroom Sale Price
$515,000
Average Price Per Sq Ft
$437
Number of Homes for Sale
3
Last 12 months Home Sales
45
Months of Supply
0.80
Median List Price
$675,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-11%
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