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$1,110,000
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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.
Full Property Details
Full Property Details for 12421 5th Ave W
General
- Sold For: $1,110,000
- Taxes: $9,193 (2024)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2390007
- Added to Site: 350 day(s) ago
Interior
- Flooring: Laminate, Carpet
Additional Information
- Amenities: Deck
Parking
- Uncovered Spaces: 10
Location
- Area: 740 - Everett/Mukilteo
- County: Snohomish
- Subdivision: Mariner
- Driving Directions: 128th Street Exit from I-405. Head west one long block to Right on 4th Ave. Four blocks to Left on 124th. First Left on 5th. Second building on the Left. Brick building.
School Information
- High School District: Mukilteo
- High School: Mariner High
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Brick
- Foundation: Poured Concrete
- Roof: Flat, Shake
- Stories in Building: 2
- Square Feet: 5,589
- Year Built: 1979
- Property Condition: Average
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size Source: tax
- Lot Features: Corner Lot, Cul-De-Sac
- Zoning: Multi-Family
Financial Considerations
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $9,193
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 660300000100
Listed by Steve Morrow | Next Horizon Realty | (425) 260-5700
Sold by Melissa Southam | Bushnell Real Estate Solutions
Get Pre-Approved Today
Schools
Schools serving 12421 5th Ave W
School District:Mukilteo School District
| Name | Grades | Distance |
|---|---|---|
Lake Stickney Elementary School 1625 Madison Way, Lynnwood, WA 98087 | K-5 | 1.3 mi |
Columbia Elementary School, Mukilteo, WA 10520 Harbour Pointe Boulevard, Mukilteo, WA 98275 | PK-5 | 3.2 mi |
Voyager Middle School 11711 4th Avenue West, Everett, WA 98204 | 6-8 | 0.5 mi |
Mariner High School 200 120th Street Southwest, Everett, WA 98204 | 9-12 | 0.3 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 12421 5th Ave W
Date
Details
Price
Change
Source
5/07/2026
Sold
$1,110,000
-10.91%
MLS
3/06/2026
Price Reduced
$1,246,000
-3.86%
MLS
7/17/2025
Price Reduced
$1,296,000
-7.16%
MLS
6/11/2025
Listed
$1,396,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12421 5th Avenue W, Everett, WA 98204 (MLS# 2390007) is a Multi-Family property that was sold at $1,110,000 on May 07, 2026. Want to learn more about 12421 5th Avenue W? Do you have questions about finding other Multi-Family real estate for sale in Everett? You can browse all Everett real estate or contact a Coldwell Banker agent to request more information.

