$700,000
SOLD APR 17, 2025
-- Bed
-- Bath
3,600 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

18 Days on Market

Highlights

  • Home Security System
  • Laundry Facilities
  • Level Lot
  • Baseboard Heating
  • High Speed Internet
  • 2-minute walk to Victoria Freeman Park

About This Home

As of April 2025

4 unit multi family investment opportunity built in 1970 totalling 3,600 sq/ft of living space. Each 900 sq/ft unit has been updated, 2 bd rms, 1 bth, granite kitchen countertops, laminate flooring, storm doors, plumbing & electrical upgrades. The building includes storage units, coin operated laundry, newer 20 year membrane roof, hardi plank siding, enlarged patios, concrete carport walkways, ring security cameras, 4 stall carport & more.

Last Agent to Sell the Property

Matt Peters

Matt Peters Real Estate License #26795 Listed on: 02/13/2025

Last Buyer's Agent

Terry Long

Washington First Properties License #112275

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • Lot Dimensions are 50 x 120
  • Level Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Built-Up Roof
  • Cement Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Home Security System

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Cascade Middle School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 08640

Community Details

Building Details

  • Operating Expense $13,034
  • Gross Income $64,794
  • Net Operating Income $50,436

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,194

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1970
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 700000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached,IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,CementSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level, PublicRoad
  • Road Surface Type: Paved
  • Roof: BuiltUp, Flat

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: SecuritySystem
  • Cooling: Other
  • Cooling Y N: No
  • Heating: Baseboard, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Middle Or Junior School: Cascade

Lot Info

  • Zoning: MF
  • Lot Size: 50 x 120
  • Parcel #: 08640

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4194.38

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.8
  • Annual Gross Income: 64794.0
  • Property Net Operating Income: 50436.0
  • Annual Operating Expense: 13034.0
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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 List to Sale Price per Sq Ft Prior Sale
04/17/2025 04/17/25 Sold $700,000 0.0% $194 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $700,000 +35.4% $194 / Sq Ft
12/13/2019 12/13/19 Sold $517,000 -1.5% $144 / Sq Ft View Prior Sale
11/03/2019 11/03/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $525,000 0.0% $146 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $525,000 -- $146 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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
2024 $4,388 $506,920 $68,400 $438,520
2023 $4,194 $486,040 $68,400 $417,640
2022 $4,079 $469,980 $68,400 $401,580
2021 $3,774 $410,400 $68,400 $342,000
2020 $2,999 $342,000 $68,400 $273,600
2019 $2,328 $285,120 $43,200 $241,920
2018 $2,832 $216,000 $43,200 $172,800
2017 $2,321 $216,000 $43,200 $172,800
2016 $2,270 $180,000 $36,000 $144,000
2015 $2,463 $180,000 $36,000 $144,000
2013 -- $180,000 $36,000 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 705094650

Regional Multiple Listing Service (RMLS)