5302 212th Street Sw, Mountlake Terrace, Washington 98043

WA, Mountlake Terrace
$839,000
  • 3,087 Sqft
  • Residential Income Property Type
  • 1980 Year Built
  • Expired Status
Property Description

Many options with this investment opportunity. Legal duplex on multifamily zoned lot that offers untapped potential for future expansion by adding multiple additional units. The upper unit is 1,008 square feet and has been tastefully updated, while the lower unit boasts two stories of living space at 2,079 square feet, along with a newly renovated 320sqft garage. With a combined rental income of $4,180, you can choose to occupy one unit and lease the other. Pre-approved for future development of three townhomes or the option for two single-family residences or tiny homes. Each option assume duplex stays. 5+ townhouses would be possible if the duplex was removed. See the brand new 18-unit townhouse development next door for inspiration.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2403685
  • Price: $839,000
  • Square Footage: 3,087 Sqft
  • Year Built: 1980
  • Lot Area: 0.31 Acre
  • Status: Expired
  • Office Name: Coldwell Banker Danforth
  • Agent Name: Ben C. Snyder
  • Property Sub Type: Multi Family
  • Roof: Composition, Flat
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood
  • Flooring Ceramic Tile, Carpet, Vinyl Plank
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Snohomish
  • City Mountlake Terrace
  • Zipcode 98043
  • Street: 212th
  • Street Number: 5302
  • Street Suffix: Street
  • Longitude: W123° 41' 43.1''
  • Latitude: N47° 48' 22.4''
  • Directions: Follow GPS
  • Mls Area Major: 730 - Southwest Snohomish
  • Street Dir Suffix: SW
Neighborhood
  • High School District: Edmonds
Additional Information
  • Stories Total: 2
  • On Market Date: 2025-07-10
  • Number Of Units Total: 2
  • Lot Features: Paved, Curbs, Sidewalk, Open Space
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 6031
Listing Information
  • List Agent Mls Id: 66172
  • List Office Mls Id: 1021
  • Listing Term: Cash Out,Conventional,FHA,VA Loan
  • Mls Status: Expired
  • Modification Timestamp: 2025-08-31T07:17:16Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-08-31T07:15:34Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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