Listed by Ridge Realty
$1,095,000

1015 Madison Ave Darrington, WA 98241

Estimated payment $6,031/month

8 Beds
6 Baths
3,044 Sq Ft
$360 Price per Sq Ft

Highlights

  • Mountain View
  • No HOA
  • High Speed Internet
  • Corner Lot
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

Fully renovated six-unit apartment building offering a low-maintenance, turnkey investment. The property has been revitalized with major capital improvements completed, including new plumbing, roof, siding, and updated interiors throughout—minimizing near-term expenses and ownership risk. Interior upgrades include LVP flooring, updated kitchens, and bathrooms with tile floors and full tile surrounds. The six-unit layout provides a quiet, low-density living environment with shared on-site laundry. Located in the heart of Darrington, the property offers walkable access to shops, schools, and everyday amenities, plus close proximity to outdoor recreation. Ideal for investors seeking stable income and long-term durability.

Listing Agent

Tyler Skelton

Ridge Realty License #101296 Listed on: 01/13/2026

Co-Listing Agent

Aaron Spring

Ridge Realty License #101953

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2467534

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 0.43 Acre Lot
  • Street terminates at a dead end
  • Corner Lot
  • 32092300100400

Property Views

  • Mountain
  • Territorial

Home Design

  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Built-Up Roof
  • Cement Board or Planked

Interior Spaces

  • 3,044 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 20 Parking Spaces
  • Open Parking

Schools

  • Darrington Elementary School
  • Darrington Mid Middle School
  • Darrington Snr High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Morans Plat Condos
  • Darrington Subdivision

Listing and Financial Details

  • Legal Lot and Block LOT 18 & ALL OF LOTS 19-24 / BLK 003
  • Assessor Parcel Number 00518400301800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,659

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1958
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: MORANS PLAT
  • New Construction: No
  • CalculatedSquareFootage: 3044
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Built-Up
  • View: Mountain(s), Territorial
  • Lot Features: Corner Lot, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Pillar/Post/Pier, Poured Concrete
  • Property Condition: Updated/Remodeled
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 20

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: SNOPUD
  • SewerCompany: NA
  • WaterCompany: Town of Darrington
  • CableConnected: Ziply
  • InternetConnected: Ziply

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Darrington
  • High School: Darrington Snr High
  • Middle Or Junior School: Darrington Mid

Lot Info

  • Parcel Number: 00518400301800
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18730
  • Additional Parcels Description: 32092300100400
  • Zoning Description: Commercial,Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • LotNumber: LOT 18 & ALL OF LOTS 19-24

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 9.35
  • LeasedItems: Washer/Dryer,Water Tank
  • TotalMonthlyIncome: 9750

Tax Info

  • Year: 2026
  • Tax Annual Amount: 3658.84

Multi Family

  • Number Of Units Total: 6
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Darrington Elem

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,779 $510,200 $191,800 $318,400
2024 $3,779 $510,200 $176,800 $333,400
2023 $3,246 $440,100 $181,800 $258,300
2022 $2,689 $315,500 $102,100 $213,400
2020 $1,818 $187,400 $92,900 $94,500
2019 $1,621 $160,300 $53,100 $107,200
2018 $2,223 $172,600 $45,500 $127,100
2017 $2,185 $172,600 $45,500 $127,100
2016 $2,361 $172,600 $45,500 $127,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2026 01/13/26 For Sale $1,095,000 -- $360 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2467534

Northwest Multiple Listing Service (NWMLS)