All homes

$1,115,000

514 124th Place #1-4

Everett, WA 98204

Active
Territorial view

Beds

Baths

Sq Ft

Lot

0.22 ac

Year built

1978

Type

Residential Income

Days listed

13

MLS #

2577015

About this home

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 street.Minutes to Interstate 5, the Mariner Park and Ride, and the Boeing Everett campus at Paine Field. Rent roll, leases and expense detail available on request.

Exterior features

StuccoWood

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Baseboard
Cooling
None
Flooring
Vinyl, Vinyl Plank
View
Territorial
Lot
Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$8,757 (2026)

Estimate your monthly payment

$6,368/mo

Principal & interest
$5,638
Property taxes
$730
Loan amount $892,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Everett, WA 98204

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Real Broker LLC— Mina Mina Farag.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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