Listed by Real Property Associates, Inc., Bought with RE/MAX Northwest
NOT LISTED FOR SALE

514 124th Place SW Unit 1-4 Everett, WA 98204

Paine Field-Lake Stickney Neighborhood

Estimated Value: $888,000 - $1,127,577

8 Beds
4 Baths
3,568 Sq Ft
$276/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2025

Last sale price $895,000 $251 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,396 / mo

2 Days on Market

Highlights

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

About This Home

As of October 2025

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.

Last Agent to Sell the Property

Heidi Bardue

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

Last Buyer's Agent

Jesse Sheldon

RE/MAX Northwest License #106456

RE/MAX Northwest

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

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Slab Foundation
  • Poured Concrete
  • Shake Roof
  • 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

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

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1978
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Quadruplex
  • CalculatedSquareFootage: 3568
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

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

Garage/Parking

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

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

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
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8827

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 965.67
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Sold $895,000 0.0% $251 / Sq Ft
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)

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    Heidi Bardue

    Real Property Associates, Inc.

    (425) 954-7661

    3 in this area

    26 Total Sales

    Heidi Bardue
    Section Image
  • Jesse Sheldon

    Buyer's Agent in 2025

    Jesse Sheldon

    RE/MAX

    (425) 393-7908

    1 in this area

    139 Total Sales

    Jesse Sheldon
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2422765

Northwest Multiple Listing Service (NWMLS)

APN: 006603-000-010-00

Washington Snohomish County Everett 98204 Paine Field-Lake Stickney

514 124th Place SW Unit 1-4, Everett, WA

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.

Northwest Multiple Listing Service (NWMLS) 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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID

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