5302 212 Street SW Mountlake Terrace, WA 98043

$839,000
4
Beds
2
Baths
0.31
Acres
3,087
SQFT
272
$/SQFT
$839,000
4
Beds
2
Baths
3,087   sf
$272 / sf
Favorite

active
1/27
Street View

Many options with owner-occupied investment. 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.

Many options with owner-occupied investment. 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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Snohomish
  • Area
    730 - Southwest Snohomish
  • Tax Amount
    $6,031
  • Status
    Active
  • Listing #
    2403680
  • Built
    1937
  • Lot Size
    0.31
  • Listed on site
    3 days

Listed by:
Coldwell Banker Danforth

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-07-15 22:31:04. DMCA
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • Has garage
  • No Pool
  • Parking Off-Street
  • Basement

Interior Features

  • Master Downstairs
  • Washer Dryer In Unit
  • Basement Finished

Style

  • Traditional
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