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Fully leased 1978 four plex. Four identical 2 bedroom, 1 bath units at 892 square feet each, all on 12 month term leases with staggered expirations into 2027.Eleven parking spaces on a 9,583 square foot lot, four of them covered carports with storage, which is close to three spaces per unit. On site coin laundry adds $200 a month on top of rent. Units are separately metered and tenants pay their own electricity and garbage.Two paths to higher income for the next owner. One unit rents $250 a month under the two identical units beside it. Water and sewer are still owner paid while comparable buildings in this pocket already bill it back.Wood frame on poured concrete and slab, two stories, 3,568 square feet. Baseboard and wall heat. Deck, patio, partially fenced, mountain view. Dead end street.Minutes to Interstate 5, the Mariner Park and Ride, and the Boeing Everett campus at Paine Field. Rent roll, leases and expense detail available on request.

Property Details of 514 124th Place SW, Unit 1-4

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Listed by Mina Mina Farag of Real Broker LLC

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Listing data courtesy of NWMLS as provided by MLS Grid as of September 3, 2026 7:01 AM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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