5302 212th Street Sw, Mountlake Terrace, WA 98043

Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by:ben c. snyder
Office:coldwell banker danforth
MLS#:2403685
Source:NWMLS
5302 212th Street Sw,Mountlake Terrace, WA 98043
$839,000
  • - Beds
  • - Baths
  • 3,087 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$839,000
  • Price per sq. ft.:$271.78

About this home

Many options with this investment opportunity. Legal duplex on multifamily zoned lot that offers untapped potential for future expansion by adding multiple additional units. The upper unit is 1,008 square feet and has been tastefully updated, while the lower unit boasts two stories of living space at 2,079 square feet, along with a newly renovated 320sqft garage. With a combined rental income of $4,180, you can choose to occupy one unit and lease the other. Pre-approved for future development of three townhomes or the option for two single-family residences or tiny homes. Each option assume duplex stays. 5+ townhouses would be possible if the duplex was removed. See the brand new 18-unit townhouse development next door for inspiration.

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Home facts

  • Year built:1980
  • Listing Id #:2403685
  • Updated:August 15, 2025 at 07:55 AM

Rooms and interior

  • Living area:3,087 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition, Flat Roof
  • Year built:1980
  • Building area:3,087 sq. ft.
  • Lot area:0.31 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$839,000
  • Price per sq. ft.:$271.78
  • Tax amount:$6,031 (2025)
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