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.
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.
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.