107 Carrolls Ave Carrolls, WA 98609
Estimated payment $2,633/month
Highlights
- Deck
- Partially Fenced Property
- Carpet
- No HOA
- Wood Siding
About This Home
Discover a unique investment opportunity with this rural 4-plex located in the heart of Carrolls. This well-maintained property offers a diverse unit mix, including two 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one spacious 2-bedroom/1.75-bath unit, all thoughtfully arranged across two levels. With long-term tenants in place, the property already provides stable income, and there’s significant upside potential through value-add improvements and adjusting rents to current market rates. Currently offered at a 7.3% cap rate, the property is served by Carrolls water and septic systems. Whether you're looking to expand your portfolio or secure a steady income-producing asset, this 4-plex is a compelling opportunity.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2381073
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,218
Year Built
- Built in 1926
Lot Details
- 5,663 Sq Ft Lot
- Street terminates at a dead end
- Partially Fenced Property
- Property is in average condition
Home Design
- Quadruplex
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 2,760 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Schools
- Carrolls Elementary School
Additional Features
- Deck
- Septic Tank
Community Details
- No Home Owners Association
- Carrolls Subdivision
Listing and Financial Details
- Assessor Parcel Number 60081
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $435,000 | +56.5% | $158 / Sq Ft |
| 08/24/2020 08/24/20 | Sold | $278,000 | +11.2% | $101 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
| 06/03/2020 06/03/20 | For Sale | $250,000 | -- | $91 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2381073
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Based on information submitted to the MLS GRID
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