Listed by Larson Real Estate
$1,550,000
$45K PRICE DROP

Estimated payment $9,576/month

Total Views 6,026
8 Beds
8 Baths
4,203 Sq Ft
$369 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Property is in very good condition
  • Corner Lot
  • Baseboard Heating

About This Home

Seize this incredible turn key investment opportunity with this well-maintained 4-plex town home style property with a strong rental history and room for increasing income. Situated in a high-demand area, this fully occupied 4-plex is ideal whether you’re looking to expand your portfolio or live in one unit while renting the others.Has an excellent return on investment. 4 spacious units 2 bedroom 1.5 bath 1050 square feet each all updated interior units have laminate flooring, new lighting, freshly painted, Vaulted ceilings with sky lights, covered deck, washer dryer in the unit and many other updates. Each unit comes with two off street parking spaces. Close to schools, shopping, restaurants, public transportation and major highways.

Listing Agent

Ilir Budo

Larson Real Estate License #118101

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2334138

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,287

Year Built

  • Built in 1979

Lot Details

  • 5,663 Sq Ft Lot
  • Street terminates at a dead end
  • Corner Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Concrete Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,203 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Pinehurst Div A Condos
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00544801202400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,287

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
  • Building Name: pinehurst DIV A
  • New Construction: No
  • CalculatedSquareFootage: 4203
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 72

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Dead End Street
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Concrete Ribbon
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: snohomish PUD
  • SewerCompany: city of everett
  • WaterCompany: city of Everett
  • CableConnected: Comcast/zipply
  • InternetConnected: zippy/xfinity
  • WaterSewerGarbage: 4000

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Everett
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00544801202400
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 18.57
  • LeasedItems: None
  • TotalMonthlyIncome: 8710

Multi Family

  • Gross Scheduled Income: 104520
  • Net Operating Income: 85913
  • Number Of Units Total: 4
  • Insurance Expense: 2000
  • Leasable Area: 4203
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 11287

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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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 $11,287 $1,280,300 $293,800 $986,500
2024 $11,287 $1,313,100 $282,800 $1,030,300
2023 $8,875 $1,079,500 $262,800 $816,700
2022 $8,834 $964,000 $206,800 $757,200
2020 $10,212 $909,000 $175,200 $733,800
2019 $8,601 $770,500 $142,600 $627,900
2018 $8,159 $670,000 $92,500 $577,500
2017 $6,725 $550,000 $92,500 $457,500
2016 $5,177 $445,000 $92,500 $352,500
2015 $5,188 $420,000 $90,500 $329,500
2013 $5,039 $360,000 $82,200 $277,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $1,550,000 -2.8% $369 / Sq Ft
02/19/2025 02/19/25 For Sale $1,595,000 +13.9% $379 / Sq Ft
07/15/2022 07/15/22 Sold $1,400,000 0.0% $333 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $1,400,000 -- $333 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Interfamily Deed Transfer -- Cw Title
Interfamily Deed Transfer -- None Available
Warranty Deed $390,000 Pnwt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $840,000 New Conventional
Previous Owner $259,000 New Conventional
Previous Owner $200,000 Fannie Mae Freddie Mac
Previous Owner $152,000 Unknown
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2334138

Northwest Multiple Listing Service (NWMLS)

APN: 005448-012-024-00