$1,075,000

Estimated payment $5,903/month

12 Beds
8 Baths
4,600 Sq Ft
$234 Price per Sq Ft

About This Home

Newly built fourplex, fully occupied and income-producing from day one! Each unit offers 3 bedrooms, 1.5 baths, and over 1,000 sq. ft. of living space with an open kitchen and family room. All bedrooms are upstairs. Current rents range from $1,950–$2,100/month, with some Section 8 tenants. Seller financing available with 20–30% down. Perfect for investors seeking strong returns.

Listing Agent

Dacia Alexander

eXp Realty, LLC Brokerage Phone: 253-221-2411 License #201237025 Listed on: 08/08/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $198

Year Built

  • Built in 2022 | Remodeled

Lot Details

  • 4,791 Sq Ft Lot

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • 4,600 Sq Ft Home
  • 2-Story Property
  • Fire Sprinkler System

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Schools

  • Kessler Elementary School
  • Monticello Middle School
  • Ra Long High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04246

Community Details

Overview

  • 4 Units
  • 215 Multifamily Subdivision

Building Details

  • Operating Expense $89,558
  • Gross Income $363,528
  • Net Operating Income $272,317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$198

Year Built

Built in 2022 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2022
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: None
  • Total Bedrooms: 12
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodComposite
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: FireSprinklerSystem
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Kessler
  • High School: RA Long
  • Middle Or Junior School: Monticello

Lot Info

  • Zoning: R-4
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 04246

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 198.44

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 2.96
  • Annual Gross Income: 363528.0
  • Property Net Operating Income: 272317.0
  • Annual Operating Expense: 89558.0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $1,075,000 -2.3% $234 / Sq Ft
03/13/2025 03/13/25 Sold $1,100,000 -73.8% $60 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
10/16/2024 10/16/24 For Sale $4,200,000 -- $228 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 248318705

Regional Multiple Listing Service (RMLS)