Everett, WA 98204 12421 5th Avenue W
$1,296,000
2 more
Presented By: Next Horizon Realty and NWMLS
- MLS# 2390007
- 06/11/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 5,589
Home Details
Extra Large 5589sf Four Plex with a single, long term tenant. Annual income of $84,000 and tenant pays all utilities. 5.3% cap. Three units with two bedrooms and one unit with three bedrooms. Each unit has two baths. Shared laundry room on site. Tenant maintains the laundry and handles most simple repairs. Easy to own and easy to manage.
Presented By: Next Horizon Realty and NWMLS
Interior Features for 12421 5th Avenue W
Bedrooms
Bedrooms Possible9
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 12421 5th Avenue W
Assoc Fee Paid PerNot Applicable
Building Area UnitsSquare Feet
Cap Rate5.3
Carport Spaces
Carport Y/NNo
CityEverett
CoolingNone
CountySnohomish
Directions128th Street Exit from I-405. Head west one long block to Right on 4th Ave. Four blocks to Left on 124th. First Left on 5th. Second building on the Left. Brick building.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High SchoolMariner High
High School DistrictMukilteo
Insurance Expense1500
Leasable Area5589
Listing TermsConventional
Living Area UnitsSquare Feet
Lot Size Square Feet10454
Lot Size UnitsSquare Feet
MLS Area740 – Everett/Mukilteo
ModificationTimestamp2025-07-17T02:58:10.345Z
NWM_ShowMapLinkY
Net Operating Income73307
New ConstructionNo
Number Of Units Total4
Open Parking Spaces10
PossessionClosing
Possible UseMulti-Family
Property ConditionAverage
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksExtra Large 5589sf Four Plex with a single, long term tenant. Annual income of $84, 000 and tenant pays all utilities. 5.3% cap. Three units with two bedrooms and one unit with three bedrooms. Each
RoofFlat, Shake
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameMariner
Tax Annual Amount9193
Tax Year2024
Units Below Gradefalse
Units In Building Total4
Water CompanySnohomish
Water Sewer Garbage0
Year Built1979
Zoning DescriptionMulti-Family
Exterior for 12421 5th Avenue W
Building Area Total5589
Covered Spaces
Exterior AmenitiesBrick
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Cul-De-Sac
Lot Size Acres0.24
Parking Uncovered Spaces10
Site FeaturesDeck
Total Parking10
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
N/A
High School
Mariner High
Middle School
N/A
Josh QA1
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