Listed by eXp Realty
$2,150,000

721 Trail Rd Sedro Woolley, WA 98284

Estimated payment $12,870/month

Total Views 9,217
10 Beds
15 Baths
6,658 Sq Ft
$323 Price per Sq Ft

Highlights

  • No HOA
  • Patio
  • High Speed Internet
  • Forced Air Heating and Cooling System
  • Vinyl Plank Flooring
  • Property is in very good condition

About This Home

Rare 5-unit townhome complex in growing Sedro Woolley. Built 2016, impeccably maintained. Entry opens to a living room flowing into a modern kitchen with custom cabinets and quartz countertops. Each unit features two bedrooms with attached baths. Additionally, a spacious laundry room, guest bath, and garage. Value-Add: Built to code for zero-lot-line units with separated utilities, primed for city approval to sell units individually. Strong tenant demand ensures consistent occupancy in this high-growth market. Don’t miss this low-maintenance, cash-flowing asset with equity potential.

Listing Agent

Ashton Dellinger

eXp Realty License #21002180 Listed on: 04/12/2025

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2358864

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,937

Year Built

  • Built in 2016

Lot Details

  • 0.33 Acre Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 6,658 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 15 Bathrooms

Parking

  • 22 Parking Spaces
  • 5 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sedro Woolley Subdivision

Listing and Financial Details

  • Assessor Parcel Number P119760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,937

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2016
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 6658
  • Special Features: None
  • Cumulative Days on Market: 150

Interior Features

  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 5
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 22
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Cooling: 90%+ High Efficiency, Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Heating Yn: Yes
  • WaterSewerGarbage: 6000

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sedro Woolley

Lot Info

  • Parcel Number: P119760
  • Lot Size Acres: 0.3334
  • Lot Size Sq Ft: 14524
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 12.71
  • LeasedItems: None
  • TotalMonthlyIncome: 14100

Multi Family

  • Gross Scheduled Income: 169200
  • Net Operating Income: 132867
  • Number Of Units Total: 5
  • Insurance Expense: 3853
  • Leasable Area: 6658
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 14937

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

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 For Sale $2,150,000 -- $323 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2358864

Northwest Multiple Listing Service (NWMLS)

APN: P119760