31624 W Rutherford Street, Carnation, WA 98014

Carnation
Local realty services provided by:Knipe Realty ERA Powered
Listed by: charles burnett
Office: real broker llc.
MLS#:2580823
Source:NWMLS
31624 W Rutherford Street,Carnation, WA 98014
$1,299,900
  • - Beds
  • - Baths
  • 3,936 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,299,900
  • Price per sq. ft.:$330.26

About this home

RARE OPPORTUNITY TO ACQUIRE A SIX-UNIT APARTMENT BUILDING IN DOWNTOWN CARNATION. SELLER FINANCING OFFERED. Situated on a 15,152 SF corner lot with R-24 zoning, the property offers future expansion or redevelopment potential (buyer to verify), adding long-term value beyond the existing improvements. Unit mix consists of (3) 2-bedroom and (3) 1-bedroom units. Long-term month-to-month tenants provide flexibility for future improvements and repositioning. CURRENT RENTS ARE WELL BELOW PROJECTED MARKET RENTS FOLLOWING RENOVATIONS, creating significant value-add potential. Additional income is generated through on-site common laundry, and tenants reimburse the owner for utilities, helping offset operating expenses. Additional features include ample parking, a roof with substantial remaining useful life, and recently replaced upper decks. Ideally located in downtown Carnation, minutes from Snoqualmie with convenient access to SR 520, Redmond, Bellevue, and Microsoft. A COMPELLING VALUE-ADD...

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Home facts

  • Year built:1964
  • Subdivision & Development:Carnation
  • Listing ID #:2580823
  • Updated:October 29, 2026 at 11:35 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • Living area:3,936 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Torch Down
  • Year built:1964
  • Building area:3,936 sq. ft.
  • Lot area:0.35 Acres
  • Lot Features:Corner
  • Construction Materials:Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,299,900
  • Price per sq. ft.:$330.26
  • Tax amount:$9,192 (2026)

Parking

  • Total parking spaces:12
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