Listed by Next Horizon Realty
$1,296,000
$100K PRICE DROP

Estimated payment $7,563/month

Total Views 6,289
9 Beds
8 Baths
5,589 Sq Ft
$232 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Cul-De-Sac
  • Carpet

About This Home

Extra Large 5589sf Four Plex with a single, long term tenant. Annual income of $84,000 and tenant pays all utilities. 5.3% cap. Three units with two bedrooms and one unit with three bedrooms. Each unit has two baths. Shared laundry room on site. Tenant maintains the laundry and handles most simple repairs. Easy to own and easy to manage.

Listing Agent

Steve Morrow

Next Horizon Realty License #24660 Listed on: 06/11/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2390007

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,193

Year Built

  • Built in 1979

Lot Details

  • 10,454 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof

Interior Spaces

  • 5,589 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Parking

  • 10 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Mariner High School

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Mariner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00660300000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,193

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 5589
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat, Shake
  • Lot Features: Corner Lot, Cul-De-Sac
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Snohomish
  • WaterCompany: Snohomish
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Not Applicable
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Mukilteo
  • High School: Mariner High

Lot Info

  • Parcel Number: 00660300000100
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: tax
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16.6
  • LeasedItems: None
  • TotalMonthlyIncome: 7000

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9193

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $9,193 $1,187,700 $492,300 $695,400
2024 $9,193 $1,046,900 $431,300 $615,600
2023 $7,480 $875,700 $327,700 $548,000
2022 $8,105 $812,000 $277,700 $534,300
2020 $7,174 $698,000 $252,300 $445,700
2019 $6,635 $645,000 $178,000 $467,000
2018 $7,220 $616,000 $172,700 $443,300
2017 $6,145 $531,000 $157,000 $374,000
2016 $5,886 $504,000 $149,500 $354,500
2015 $5,727 $448,000 $145,000 $303,000
2013 $5,341 $390,000 $145,000 $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2025 11/18/25 For Sale $1,296,000 0.0% $232 / Sq Ft
10/28/2025 10/28/25 Pending -- -- --
07/17/2025 07/17/25 Price Changed $1,296,000 -7.2% $232 / Sq Ft
06/11/2025 06/11/25 For Sale $1,396,000 +71.3% $250 / Sq Ft
04/16/2019 04/16/19 Sold $815,000 -5.8% $146 / Sq Ft View Prior Sale
03/11/2019 03/11/19 Pending -- -- --
12/14/2018 12/14/18 For Sale $865,000 +32.1% $155 / Sq Ft
05/05/2017 05/05/17 Sold $655,000 -3.0% $117 / Sq Ft View Prior Sale
04/25/2017 04/25/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $675,000 -- $121 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Fidelity National Ttl Group
Quit Claim Deed -- None Available
Warranty Deed $815,000 Chicago Title
Warranty Deed $655,000 Chicago Title
Quit Claim Deed -- --
Quit Claim Deed -- Chicago Title Insurance Co
Quit Claim Deed -- Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $617,000 New Conventional
Previous Owner $621,250 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2390007

Northwest Multiple Listing Service (NWMLS)

APN: 006603-000-001-00