Mountlake Terrace WA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,648
Status:
Active
Beds:
n/a
Year built:
1969
Baths:
MLS#:
2264112
Subdivision:
Mountlake Terrace

ADDITIONAL INFORMATION

Beautifully maintained 4-Plex in "The Village," offering a prime location just minutes from I-5, I-405, and shopping! New roof in 2024! Interior updates include kitchen cabinet, countertops and flooring. Each spacious 2BR/1BA unit features an in-unit washer and dryer. Long-term tenants provide stable income with potential future rent increases. The property includes 4 assigned parking spaces and 4 unassigned spaces. HOA dues cover common area maintenance, landscaping, insurance, garbage, and an on-site manager. Do not miss out on this incredible investment opportunity! Please do not disturb tenants.

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Andrea Conner, License # 26653, Xome Inc. License # 19003, [email protected], 844-400-XOME (9663), 108 1st Avenue, 400A, Seattle, WA 98104


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Mountlake Terrace Real Estate

The median home value in Mountlake Terrace, WA is $675,000. This is lower than the county median home value of $702,400. The national median home value is $338,100. The average price of homes sold in Mountlake Terrace, WA is $675,000. Approximately 53.69% of Mountlake Terrace homes are owned, compared to 41.75% rented, while 4.56% are vacant. Mountlake Terrace real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mountlake Terrace real estate agent to arrange a tour today!

Mountlake Terrace, Washington has a population of 21,210. Mountlake Terrace is less family-centric than the surrounding county with 26.35% of the households containing married families with children. The county average for households married with children is 35.29%.

The median household income in Mountlake Terrace, Washington is $87,785. The median household income for the surrounding county is $95,618 compared to the national median of $69,021. The median age of people living in Mountlake Terrace is 37.7 years.

Mountlake Terrace Weather

The average high temperature in July is 74 degrees, with an average low temperature in January of 37.1 degrees. The average rainfall is approximately 36.6 inches per year, with 3.7 inches of snow per year.

Mountlake Terrace Real Estate Market Conditions

  • Median sales price

    $675,000
    14.8% change since last quarter
  • # Active listings

    13
    30-day change

Mountlake Terrace Schools and Demographics

Education near Mountlake Terrace, WA

Metric City County
High School Graduates 93.91 92.86
College Degree - 2 year 11.89 10.92
College Degree - 4 year 38.57 34.11
Graduate Degree 10.61 8.63
Expenditures per Student 17,718 17,718
Students per Teacher 18.9 18.9

Elementary Schools near Mountlake Terrace, WA

School Grades Students P/T Ratio ZIP
Beverly Elementary School KG - 06 516 17.2 98037
Briarcrest Elementary School KG - 06 491 16.9 98155
Brier Elementary School KG - 06 434 18.2 98036
Brookside Elementary School KG - 06 518 18.9 98155
Cedar Valley Community School KG - 08 419 14.6 98036
Cedar Way Elementary School KG - 06 448 17.7 98043
Chase Lake Elementary School KG - 06 374 14.6 98020
College Place Elementary School KG - 06 506 17 98036
Eceap PK - PK 1 98037
Edmonds Elementary School KG - 06 351 18.6 98020
Hazelwood Elementary School KG - 06 513 16.4 98036
Hilltop Elementary School KG - 06 552 19.4 98036
Lake Forest Park Elementary School KG - 06 568 17.6 98155
Lynndale Elementary School KG - 06 448 16 98036
Lynnwood Elementary School KG - 06 592 16.8 98037
Martha Lake Elementary School KG - 06 517 18.1 98037
Meadowdale Elementary School KG - 06 499 16.6 98037
Mountlake Terrace Elementary School KG - 06 445 15.6 98043
Oak Heights Elementary School KG - 06 550 17.9 98037
Ridgecrest Elementary School KG - 06 550 17.4 98155
Seaview Elementary School KG - 06 375 17.7 98020
Sherwood Elementary School KG - 06 438 17.3 98020
Spruce Elementary School KG - 06 507 15 98037
Terrace Park Elementary KG - 08 368 18.4 98043
Westgate Elementary School KG - 06 468 17.5 98020

Middle Schools near Mountlake Terrace, WA

School Grades Students P/T Ratio ZIP
Alderwood Middle School 07 - 08 714 19.3 98036
Brier Terrace Middle School 07 - 08 654 19.8 98036
College Place Middle School 07 - 08 525 18.5 98036
Kellogg Middle School 07 - 08 616 20.8 98155
Meadowdale Middle School 07 - 08 674 18.9 98037

High Schools near Mountlake Terrace, WA

School Grades Students P/T Ratio ZIP
Edmonds Career Access Program 09 - 12 305 98036
Meadowdale High School 09 - 12 1,589 23.5 98037
Mountlake Terrace High School 09 - 12 1,270 21.4 98043
Shorecrest High School 09 - 12 1,294 21.4 98155

Ungraded Schools near Mountlake Terrace, WA

School Grades Students P/T Ratio ZIP
* Edmonds Elearning Academy 09 - 12 82 14.4 98036
* Scriber Lake High School 09 - 12 287 22.6 98020
Early Childhood Center PK - 01 152 13.4 98036
Edmonds Heights K-12 KG - 12 506 52.2 98020
Fircrest Residential Habilitation KG - 12 13 98155
Handicapped Contractual Services PK - 12 97 98155
Home Education Exchange KG - 10 114 98155
Maplewood Center KG - 12 32 7 98020
Special Education Contracted 04 - 12 136 98036
Unassigned Special Education PK - 09 79 98036

Demographics near Mountlake Terrace, WA

Metric City County
Neighborhood Type Inner City
Population 21,210 820,024
Population Density 5,205 393
Median Age 37.7 38.2
People per Household 2.5 2.7
Median Household Income 87,785 95,618
Average Income per Capita 44,625 44,338