12421 5th Avenue W, Everett, WA 98204
- $1,110,000
- 5,589
- SqFt
Listing courtesy of Next Horizon Realty. Selling Office: Bushnell Real Estate Solutions.
- Sold Price
- $1,110,000
- List Price
- $1,246,000
- Status
- SOLD
- MLS#
- 2390007
- Closing Date
- May 07, 2026
- Days on Market
- 260
- Style
- 54 - 4-Plex
- Building Condition
- Average
- Finished SqFt
- 5,589
- Area Total SqFt
- 5589
- Annual Tax Ammount
- 9193
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 10,454
- Sewer
- Sewer Connected
Property Description
Extra Large 5589sf Four Plex with a single, long term tenant. Annual income of $84,000 and tenant pays all utilities. 5.3% cap. Three units with two bedrooms and one unit with three bedrooms. Each unit has two baths. Shared laundry room on site. Tenant maintains the laundry and handles most simple repairs. Easy to own and easy to manage.
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Additional Information
- List Date
- 2025-08-20 00:00:00
- Community
- Mariner
- Net Operating Income
- $73,307
- Gross Adjusted Income
- $84,000
- Gross Scheduled Income
- $84,000
- Total Monthly Income
- $7,000
- Insurance Expenses
- $1,500
- Gross Rent Multiplier
- 16.6
- Total Expenses
- $10,693
- Cap Rate
- 5.3
- Total Number of Units
- 4
- Unit Name
- 12421
- Potential Terms
- Conventional
- Year Built
- 1979
- Roof
- Flat, Shake
- Site Features
- Deck
- Energy Source
- Electric
- School District
- Mukilteo
- High School
- Mariner High
- Total Monthly Income
- $7,000
- Gross Scheduled Income
- $84,000
- Gross Adjusted Income
- $84,000
- Tax Year
- 2024
- Insurance Expense
- $1,500
- Total Expenses
- $10,693
- Net Operating Income
- $73,307
- Gross Rent Multiplier
- 16.6
- Cap Rate
- 5.3
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.