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Listed by: Harjinder Singh (206) 643-7853 , Stephen Ng (206) 601-1256 | CENTURY 21 Real Estate Center (425) 775-8525
$980,800
Monthly Est:$4,882
8 Beds
8 Baths
3,840sqft
804 124th Street SW, Everett, WA 98204
$980,800
$4,882/moEst:
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Multi Family
Built in 1979
$360/mo HOA
13,068 sqft lot
$255/sq.ft
Description
ATTENTION INVESTORS: Prime 4-Plex Below Assessed Value with High-Yield Upside! A rare, turn-key investment opportunity in South Everett! Offered below tax-assessed value with an attractive cap rate in today's market, this 4-plex delivers immediate cash flow with current rents below market—offering massive upside potential to increase income, or house-hack, build equity, and live rent-free in a freshly renovated unit. Conveniently located near I-5, Hwy 99, Paine Field, Boeing, dining, retail, and upcoming light rail extensions for strong demand and future appreciation. Situated on an expansive 13,000+ sq. ft. lot, the property features four spacious mirror-image units (2 beds, 1.5 baths, under 1,000 sq. ft. each) with in-unit laundry and 2 dedicated parking spaces per unit (8 total). Major capital improvements are complete, including a roof replaced within the last 5 years. Unit A is vacant and ready to show—boasting a brand-new kitchen, modernized bathrooms, new flooring, and fresh interior paint. Unit D has recent partial updates with rent upside, while Units B and C had clean updates a few years ago. Units B, C, and D are tenant-occupied—please do not disturb tenants. Operational management is streamlined with an HOA covering grounds maintenance and garbage pickup, keeping overhead low and holdings hassle-free. Bring your offer today before this below-assessed-value cash cow is gone!
- Houzeo last checked: 7 minutes ago
- Listing updated: October 28, 2026 at 7:13 am
- Source: Northwest Multiple Listing Service as distributed by MLS GRID | MLS#: NWM2592847
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1979
HOA Fees
$360/mo
Finished Area
3,840 sqft
Lot Size
13,068 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service as distributed by MLS GRID
MLS Number
NWM2592847
MLS Status
Active
Cumulative Days Active
10
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Location
HOA Management
N/A
HOA Fees
$360/ Monthly
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Interior
Heating
Baseboard
Exterior Features
Wood, Wood Products
Cooling
None
Flooring
Laminate, Vinyl Plank, Carpet
Sewer
Available
Construction
Year Built
Year Built: 1979
Home type
Multi Family
Foundation Details
Poured Concrete
Roof
Composition
Property Condition
Good
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Everett
Price History
| Date | Event | Price |
|---|---|---|
10/28/2026 Source: | Listed for Sale | $980,800 $255/sqft |
10/10/2026 Source: | Coming Soon | $980,800 $255/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Nov 07, 2026, 11:16PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2026 Northwest Multiple Listing Service. All Rights Reserved.
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