MLS: #NWM2577015, Listed By: Mina Mina Farag, Real Broker LLC, Source:NWMLS - Northwest Multiple Listing Service
514 124th Place #1-4
Everett, WA 98204
0
Bed
0
Bath
3,568Sqft
0.22Acre(Lot)
Fully leased 1978 four plex. Four identical 2 bedroom, 1 bath units at 892 square feet each, all on 12 month term leases with staggered expirations into 2027.Eleven parking spaces on a 9,583 square foot lot, four of them covered carports with storage, which is close to three spaces per unit. On site coin laundry adds $200 a month on top of rent. Units are separately metered and tenants pay their own electricity and garbage.Two paths to higher income for the next owner. One unit rents $250 a month under the two identical units beside it. Water and sewer are still owner paid while comparable buildings in this pocket already bill it back.Wood frame on poured concrete and slab, two stories, 3,568 square feet. Baseboard and wall heat. Deck, patio, partially fenced, mountain view. Dead end stree
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: CompositionRoofing Information
Composition -
Flooring Information
Flooring: Vinyl, Vinyl Plank Construction Materials: Stucco, Wood -
Heating & Cooling
Heating: Baseboard Has Heating: Yes Cooling: None WaterSource: Public
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Building Information
Year Built: 1978 -
Exterior Features
Stucco, Wood Construction Materials: Stucco, Wood Foundation Details: Poured Concrete
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Lot Information
Lot Description: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk Lot Square Feet: 9583 Lot Acres: 0.22Property Information
Property Type: Residential Income Sub Type: Multi Family Structure Type: Quadruplex
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Listing Price Information
Original List Price:$1115000
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Tax Information
Annual Tax: $8757 Tax Year: 2026 Parcel Number: 00660300001000
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Parking Information
Total Parking: 11
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School Information
Elementary School: Buyer To Verify Junior High School: Buyer To Verify Senior High School: Buyer To Verify -
Utility Information
Sewer: Sewer Connected Water Source: Public -
Location Information
Subdivision: Mukilteo City: Everett Direction: GPS - From I-5 head west on 128th St. SW, turn right on to 4th Ave. W, at the second light turn left on 124th St. SW, left at 5th Ave. W and finally right onto 124th Pl. SW. Building on the left.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 9312 4th Avenue #A B, Everett, WA, 98204 | $905,000 | -- | -- | 2,550 | 0.26 Acre |
| 9618 Holly Drive, Everett, WA, 98204 | $1,500,000 | -- | -- | 4,446 | 0.70 Acre |
| 1902 -1904 W Casino Road, Everett, WA, 98204 | $3,600,000 | -- | -- | 13,840 | 0.69 Acre |
Similar Multifamily To 514 124th Place #1-4
Nearby For Sale
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ByOwner last updated this listing 09/03/2026 @ 18:20
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