804 124th ST SW, Everett, WA 98204
804 124th ST SW, Everett, WA 98204
804 124th ST SW, Everett, WA 98204
804 124th ST SW, Everett, WA 98204
804 124th ST SW, Everett, WA 98204
804 124th ST SW, Everett, WA 98204
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Gordy Lindstrom

Gordy Lindstrom

+1(425) 772-5845
Listed by:CENTURY 21 Real Estate Center • Harjinder Singh
$ 980,800
Est. payment | /mo

8 Beds

8 Baths

3,840 SqFt

Save
$ 980,800
Est. payment | /mo
Save

8 Beds

8 Baths

3,840 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status First Look

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $255

Subdivision Everett

MLS Listing ID 2592847

Style 54 - 4-Plex

Bedrooms 8

HOA Fees $360/mo

Year Built 1979

Annual Tax Amount $9,207

Lot Size 0.300 Acres

Property Sub-Type Multi Family

Property Description

ATTENTION INVESTORS: Prime 4-Plex Below Assessed Value with High-Yield Upside! A rare, turn-key investment opportunity in South Everett! Offered below tax-assessed value with an attractive cap rate in today's market, this 4-plex delivers immediate cash flow with current rents below market—offering massive upside potential to increase income, or house-hack, build equity, and live rent-free in a freshly renovated unit. Conveniently located near I-5, Hwy 99, Paine Field, Boeing, dining, retail, and upcoming light rail extensions for strong demand and future appreciation. Situated on an expansive 13,000+ sq. ft. lot, the property features four spacious mirror-image units (2 beds, 1.5 baths, under 1,000 sq. ft. each) with in-unit laundry and 2 dedicated parking spaces per unit (8 total). Major capital improvements are complete, including a roof replaced within the last 5 years. Unit A is vacant and ready to show—boasting a brand-new kitchen, modernized bathrooms, new flooring, and fresh interior paint. Unit D has recent partial updates with rent upside, while Units B and C had clean updates a few years ago. Units B, C, and D are tenant-occupied—please do not disturb tenants. Operational management is streamlined with an HOA covering grounds maintenance and garbage pickup, keeping overhead low and holdings hassle-free. Bring your offer today before this below-assessed-value cash cow is gone!

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Deck

View Y/N No

Roof Type Composition

Building

Sewer Available

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Mukilteo

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOLS & PROPERTIES
Gordy Lindstrom

?My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ?

+1(425) 772-5845

gordy@pdhomegroup.com

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804 124th ST SW