Listed by Real Property Associates
$895,000
PENDING

Estimated payment $5,486/month

Total Views 182
8 Beds
4 Baths
3,568 Sq Ft
$251 Price per Sq Ft

Highlights

  • Mountain View
  • No HOA
  • Patio
  • Deck
  • Cul-De-Sac
  • Vinyl Plank Flooring

About This Home

This well-maintained multifamily investment opportunity is located minutes from I-5, Park-n-Ride, and Boeing. Walking distance to shopping and restaurants. Built in 1978, Unit 1 & 4 have been fully renovated, Unit 2 interior paint & flooring, Unit 4 has long term tenant. Each unit has 2 bed, 1 bath. Each unit comes with covered parking and storage in carport. All units are on 12 month term leases. All rents are close to market value & rent increases each year.

Listing Agent

Heidi Bardue

Real Property Associates License #2699 Listed on: 08/18/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2422765

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,827

Year Built

  • Built in 1978

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Slab Foundation
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 3,568 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Flooring

  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 11 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mariner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00660300001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,827

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1978
  • MLS Status: Pending
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 3568
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 2

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat, Shake
  • View: Mountain(s)
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 11
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: Alderwood Water Dist
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 5243.8

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: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00660300001000
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: SCR
  • MLSSquareFootageSource: SCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.8
  • LeasedItems: None
  • TotalMonthlyIncome: 6850

Multi Family

  • Gross Scheduled Income: 82200
  • Net Operating Income: 64164
  • Number Of Units Total: 4
  • Electric Expense: 965.67
  • Insurance Expense: 3000
  • Leasable Area: 3568
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8827

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 $8,414 $994,900 $468,700 $526,200
2024 $8,414 $954,200 $409,600 $544,600
2023 $6,863 $799,500 $312,900 $486,600
2022 $7,181 $714,000 $265,000 $449,000
2020 $6,638 $642,000 $240,400 $401,600
2019 $5,921 $570,000 $178,000 $392,000
2018 $5,757 $482,000 $172,700 $309,300
2017 $4,879 $412,000 $157,000 $255,000
2016 $4,709 $394,000 $149,500 $244,500
2015 $4,664 $357,000 $145,000 $212,000
2013 $4,297 $306,000 $145,000 $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Pending -- -- --
08/18/2025 08/18/25 For Sale $895,000 -- $251 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 Chicago Title
Warranty Deed $310,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2422765

Northwest Multiple Listing Service (NWMLS)

APN: 006603-000-010-00