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$895,000
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Property Description
This well-maintained multifamily investment opportunity is located minutes from I-5, Park-n-Ride, and Boeing. Walking distance to shopping and restaurants. Built in 1978, Unit 1 & 4 have been fully renovated, Unit 2 interior paint & flooring, Unit 4 has long term tenant. Each unit has 2 bed, 1 bath. Each unit comes with covered parking and storage in carport. All units are on 12 month term leases. All rents are close to market value & rent increases each year.
Full Property Details
Full Property Details for 514 124th Pl SW #1-4
General
- Sold For: $895,000
- Taxes: $8,827 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2422765
- Added to Site: 152 day(s) ago
Interior
- Flooring: Vinyl, Vinyl Plank
Additional Information
- Amenities: Cable TV, Deck, Fenced-Partially, Patio
- Security/Safety: Partially Fenced
Parking
- Carport Spaces: 4
- Uncovered Spaces: 7
Location
- Area: 740 - Everett/Mukilteo
- County: Snohomish
- Subdivision: Mariner
- Driving Directions: GPS - From I-5 head west on 128th St. SW, turn right on to 4th Ave. W, at the second light turn left on 124th St. SW, left at 5th Ave. W and finally right onto 124th Pl. SW. Building on the left.
School Information
- High School District: Mukilteo
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Wall Unit(s)
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood
- Foundation: Poured Concrete, Slab
- Roof: Flat, Shake
- Stories in Building: 2
- Square Feet: 3,568
- Year Built: 1978
- Property Condition: Good
Unit Information
- Units in Building: 4
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size Source: SCR
- Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
- Zoning: Multi-Family, Residential
Financial Considerations
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $8,827
- Tax Year: 2025
- Terms: Cash Out, Conventional, FHA
Disclosures and Reports
- Special Conditions: None
- Property ID: 660300001000
Listed by Heidi Bardue | Real Property Associates | (206) 523-0300
Sold by Jesse Sheldon | RE/MAX Northwest
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Schools
Schools serving 514 124th Pl SW #1-4
School District:Mukilteo School District
| Name | Grades | Distance |
|---|---|---|
Lake Stickney Elementary School 1625 Madison Way, Lynnwood, WA 98087 | K-5 | 1.2 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 514 124th Pl SW #1-4
Date
Details
Price
Change
Source
10/01/2025
Sold
$895,000
—
MLS
8/18/2025
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
514 124th Place SW #1-4, Everett, WA 98204 (MLS# 2422765) is a Multi-Family property that was sold at $895,000 on October 01, 2025. Want to learn more about 514 124th Place SW #1-4? 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.

