804 124th Street Sw, Everett, WA 98204
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: harjinder singh, stephen ng
Office: century 21 real estate center
MLS#:2592847
Source:NWMLS
804 124th Street Sw,Everett, WA 98204
$980,800
- - Beds
- - Baths
- 3,840 sq. ft.
- Multi-family
- First Look
Price summary
- Price:$980,800
- Price per sq. ft.:$255.42
- Monthly HOA dues:$360
About this home
ATTENTION INVESTORS & PORTFOLIO BUILDERS: Prime 4-Plex Below Assessed Value with Strong Cap Rate!A rare, turn-key investment opportunity in South Everett! Offered below tax-assessed value with an attractive cap rate in today's market, this high-performing 4-plex delivers immediate cash flow, built-in equity, and low-maintenance ownership. Ideally situated just minutes from I-5, Hwy 99, Paine Field, Boeing, local dining, shopping centers, and upcoming light rail extensions, this property guarantees continuous rental demand and long-term appreciation.Set on an expansive 13,000+ sq. ft. lot, the property features four spacious mirror-image units (each 2 beds, 1.5 baths, under 1,000 sq. ft.) complete with in-unit laundry and 2 dedicated parking spaces per unit (8 total). Key capital improvements are already complete, highlighted by a roof replaced within the last 5 years.Unit A is vacant, fresh, and ready to show—boasting brand-new kitchen updates, modernized bathrooms, upgraded flooring, and fresh interior paint. Unit D offers recent partial updates with additional rent-upside potential, while Units B and C received clean, quality updates a few years ago. Units B, C, and D are currently occupied by reliable tenants—please do not disturb the tenants under any circumstances.To top it off, operational management is streamlined with an HOA that covers grounds maintenance and garbage pickup, keeping your overhead low and your holding hassle-free. Bring your offer today before...
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Home facts
- Year built:1979
- Subdivision & Development:Everett
- Listing ID #:2592847
- Updated:October 10, 2026 at 12:21 PM
Rooms and interior
- Flooring:Carpet, Laminate, Vinyl Plank
- Living area:3,840 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:3,840 sq. ft.
- Lot area:0.3 Acres
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Deck
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Available
Finances and disclosures
- Price:$980,800
- Price per sq. ft.:$255.42
- Tax amount:$9,207 (2026)
Parking
- Total parking spaces:8
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