2311 Washington Avenue, Mukilteo, WA 98275
- $1,275,000
- 3,560
- SqFt
Listing courtesy of Coldwell Banker Danforth. Selling Office: Coldwell Banker Danforth.
- Sold Price
- $1,275,000
- List Price
- $1,275,000
- Status
- SOLD
- MLS#
- 2471804
- Closing Date
- Mar 20, 2026
- Days on Market
- 3
- Style
- 54 - 4-Plex
- Building Condition
- Average
- Finished SqFt
- 3,560
- Area Total SqFt
- 3560
- Annual Tax Ammount
- 7060
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 15,246
- Sewer
- Sewer Connected
Property Description
Mukilteo—City by the Sea. A rare view 4-plex overlooking Puget Sound with true WOW-factor vistas. Ferries, sunsets, islands—an ever-changing panorama from this premier location. Strong rental history, unbeatable location, and exceptional condo-conversion potential. Moments to Boeing, ferries, and the shoreline. Opportunities like this are almost never offered—this one is special. Listing information is Pro-Forma rent/income
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Additional Information
- List Date
- 2026-03-17 00:00:00
- Community
- Mukilteo Blvd
- Net Operating Income
- $95,500
- Gross Adjusted Income
- $112,860
- Gross Scheduled Income
- $114,000
- Total Monthly Income
- $9,500
- Insurance Expenses
- $2,500
- Water/Sewer/Garbage Expenses
- $6,000
- Gross Rent Multiplier
- 11.1
- Total Expenses
- $17,360
- Cap Rate
- 7.49
- Vacancy Rate
- 1
- Total Number of Units
- 4
- Unit Name
- 2311
- Potential Terms
- Conventional, FHA, VA Loan
- Year Built
- 1959
- Roof
- Flat
- Site Features
- Cable TV, Deck, Patio
- Electric Expenses
- 1200
- Other Expenses
- 600
- Energy Source
- Electric
- School District
- Mukilteo
- Elementary School
- Mukilteo Elem
- Middle School
- Olympic View Mid
- High School
- Kamiak High
- Total Monthly Income
- $9,500
- Gross Scheduled Income
- $114,000
- Vacancy Rate
- 1
- Gross Adjusted Income
- $112,860
- Tax Year
- 2025
- Insurance Expense
- $2,500
- W/S/G Expenses
- $6,000
- Total Expenses
- $17,360
- Net Operating Income
- $95,500
- Gross Rent Multiplier
- 11.1
- Cap Rate
- 7.49
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.