116 4th Ave S Algona, WA 98001
Estimated payment $5,328/month
Highlights
- Hot Property
- No HOA
- Property is in very good condition
- RV Access or Parking
- Ceramic Tile Flooring
- Partially Fenced Property
About This Home
Cash-flow from day one with this rare investment opportunity. Built in 2022, this property is low-maintenance for years to come. This home offers three distinct spaces: a main house, a fully furnished studio unit, and a versatile shop. The main house spans 2,200 square feet and features 4 bedrooms, 2.5 bathrooms and a 2-car garage. The separate studio unit is complete with its own entrance, kitchen, bathroom and laundry. Heated high-ceiling RV garage/shop spans 728 square feet, currently rented for storage. Whether you choose to rent the whole property, live in one space and rent the others, or enjoy the entire property yourself, the possibilities are endless. Solid rental history — take advantage of the best opportunity on the market!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2427976
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,855
Year Built
- Built in 2022
Lot Details
- 8,110 Sq Ft Lot
- Partially Fenced Property
- Property is in very good condition
Home Design
- Triplex
- Slab Foundation
- Composition Roof
- Cement Board or Planked
- Wood Composite
Interior Spaces
- 2,570 Sq Ft Home
- 2-Story Property
Flooring
- Ceramic Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Parking
- 10 Parking Spaces
- 5 Covered Spaces
- Open Parking
- RV Access or Parking
Utilities
- Ductless Heating Or Cooling System
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
- Algona Subdivision
Listing and Financial Details
- Assessor Parcel Number 8856001449
Map
Home Values in the Area
Average Home Value in this 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 |
|---|---|---|---|---|
| 2024 | $6,897 | $604,000 | $135,000 | $469,000 |
| 2023 | $5,080 | $425,000 | $108,000 | $317,000 |
| 2022 | $4,740 | $455,000 | $103,000 | $352,000 |
| 2021 | $1,059 | $367,000 | $88,000 | $279,000 |
| 2020 | $4,740 | $82,000 | $82,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $899,950 | -- | $350 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | Commonwealth Land Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $552,000 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2427976
APN: 885600-1449
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
- 412 2nd Ave S
- 122 3rd Ave NW
- 438 2nd Ave S
- 438 Washington Blvd Unit 3
- 215 3rd Ave N
- 316 3rd Ave N
- 129 Elise Ct
- 36720 55th Ave S
- 36820 55th Ave S
- 35542 57th Ave S
- 133 Homer Ave SE
- 217 Tacoma Blvd S
- 515 4th Ave N
- 5109 S 364th St
- 110 3rd Ave SW
- 35421 55th (Lots 17 & 18 ) Ave S
- 36825 52nd Ave S
- 607 Algona Blvd N
- 35420 55th Ave S
- 421 Green Acres Place
- 345 Pacific Ave N
- 134 3rd Ave SE
- 508 3rd Ave
- 732 4th Ave NE
- 506 4th Ave SE Unit C
- 3810 D Place SE Unit 2
- 703 47th St SE
- 2455 F St SE
- 402 21st St SE
- 905 29th St SE Unit B
- 1032 37th St SE
- 1936 F St SE
- 1409 30th St SE
- 35322 25th Place S
- 207 Meridian Ave E
- 210 27th Ave
- 1919 Howard Rd
- 2020 S 360th St
- 17 S Division St
- 1210 M St SE