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$995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago

Listed by Tom O'Brien | Pacific Residential Brokers | (253) 507-5442

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Well-Maintained Algona 4-Plex with Rental Upside Excellent investment opportunity in a convenient Algona location! This well-maintained 4-plex features four 2-bedroom, 1-bath units, each approximately 750 square feet, situated on a generous 12,700-square-foot lot with ample parking. Each unit includes a dishwasher and washer/dryer hookups. Conveniently located near Highway 167, shopping, dining, and area amenities. Current rents are below market, providing an opportunity to increase rental income and enhance investment returns.

Full Property Details for 429 1st Ave N

General

  • Price: $995,000
  • Taxes: $7,720 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2595521
  • Updated: 10/16/2026
  • Added to Site: 3 day(s) ago

Interior

  • Flooring: Ceramic Tile, Engineered Hardwood, Laminate, Carpet

Additional Information

  • Amenities: Cable TV, Fenced-Partially, High Speed Internet, Outbuildings
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 6

Location

  • Area: 310 - Auburn
  • County: King
  • Subdivision: Algona
  • Driving Directions: WA 167 S towards Kent/Auburn to 15th St SW Exit to West Valley HWY S then left on 1st Ave N to property on the left.

School Information

  • High School District: Auburn

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood Products
  • Foundation: Poured Concrete, Slab
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 3,008
  • Year Built: 1981
  • Property Condition: Average

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.292
  • Lot Size (Sq. Ft.): 12,720
  • Lot Size Source: Assessor
  • Lot Features: Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $7,720
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3356405680
  • Block: 110
  • Lot Number: 9-12

Listed by Tom O'Brien | Pacific Residential Brokers | (253) 507-5442

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NMLS#: 1598647

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Schools serving 429 1st Ave N

School District:Auburn School District
NameGradesDistance
Alpac Elementary School
310 Milwaukee Boulevard North, Pacific, WA 98047
PK-50.6 mi
Olympic Middle School, Auburn, WA
839 21st Street Southeast, Auburn, WA 98002
6-81.6 mi
Auburn Riverside High School
501 Oravetz Road Southeast, Auburn, WA 98092
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 429 1st Ave N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2026
Listed
$995,000
342.22%
MLS
11/21/2001
Sold
$225,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 429 1st Ave N

Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,721
9%
$629,000
3%
2024
$7,055
-1%
$613,000
—
2024
$7,130
6%
$611,000
—
2022
$6,741
-1%
$611,000
10%
2021
$6,822
—
$556,000
9%
2021
$6,822
18%
$509,000
20%
2020
$5,760
29%
$423,000
15%
2019
$4,450
-18%
$368,000
3%
2018
$5,449
-10%
$359,000
-12%
2017
$6,088
24%
$407,000
20%
2016
$4,903
25%
$338,000
33%
2015
$3,912
-14%
$255,000
-10%
2014
$4,551
—
$283,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Tom O'Brien | Pacific Residential Brokers | (253) 507-5442

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429 1st Avenue N, Algona, WA 98001 (MLS# 2595521) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 429 1st Avenue N is currently listed for $995,000 and was received on October 16, 2026. Want to learn more about 429 1st Avenue N? Do you have questions about finding other Multi-Family real estate for sale in Algona? You can browse all Algona real estate or contact a Coldwell Banker agent to request more information.

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