116 4th Avenue S, Algona, Washington 98001

WA, Algona
$899,950
  • 2,570 Sqft
  • Residential Income Property Type
  • 2022 Year Built
  • Canceled Status
Property Description

Cash-flow from day one with this rare investment opportunity. Built in 2022, this property is low-maintenance for years to come. This home offers three distinct spaces: a main house, a fully furnished studio unit, and a versatile shop. The main house spans 2,200 square feet and features 4 bedrooms, 2.5 bathrooms and a 2-car garage. The separate studio unit is complete with its own entrance, kitchen, bathroom and laundry. Heated high-ceiling RV garage/shop spans 728 square feet, currently rented for storage. Whether you choose to rent the whole property, live in one space and rent the others, or enjoy the entire property yourself, the possibilities are endless. Solid rental history — take advantage of the best opportunity on the market!

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2427976
  • Price: $899,950
  • Square Footage: 2,570 Sqft
  • Year Built: 2022
  • Lot Area: 0.19 Acre
  • Status: Canceled
  • Office Name: John L. Scott, Inc
  • Agent Name: Denis Karnafel
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Ductless, Wall Unit(s)
  • Cooling System Ductless
  • Parking RV Parking
  • Exterior Features Cement Planked, Wood Products
  • Flooring Ceramic Tile, Vinyl Plank
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County King
  • City Algona
  • Zipcode 98001
  • Street: 4th
  • Street Number: 116
  • Street Suffix: Avenue
  • Longitude: W123° 44' 40.5''
  • Latitude: N47° 16' 29.7''
  • Directions: GPS
  • Mls Area Major: 310 - Auburn
  • Street Dir Suffix: S
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Auburn
  • Middle School: Buyer To Verify
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • On Market Date: 2025-09-02
  • Number Of Units Total: 3
  • Lot Features: Paved, Sidewalk
  • Foundation Details: Slab
  • Construction Materials: Cement Plank, Wood
Financial
  • Tax Annual Amount: 6855
Listing Information
  • List Agent Mls Id: 118036
  • List Office Mls Id: 3647
  • Listing Term: Cash Out,Conventional,FHA,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2025-12-18T20:54:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-12-18T20:52:52Z
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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