804 124th Street Sw, Everett, WA 98204
Local realty services provided by:Imagine Realty ERA Powered
Listed by: harjinder singh, stephen ng
Office: century 21 real estate center
MLS#:2592847
Source:NWMLS
804 124th Street Sw,Everett, WA 98204
$980,800
- - Beds
- - Baths
- 3,840 sq. ft.
- Multi-family
- First Look
Price summary
- Price:$980,800
- Price per sq. ft.:$255.42
- Monthly HOA dues:$360
About this home
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!...
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Home facts
- Year built:1979
- Subdivision & Development:Everett
- Listing ID #:2592847
- Updated:October 10, 2026 at 11:03 PM
Rooms and interior
- Flooring:Carpet, Laminate, Vinyl Plank
- Living area:3,840 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:3,840 sq. ft.
- Lot area:0.3 Acres
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Deck
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Available
Finances and disclosures
- Price:$980,800
- Price per sq. ft.:$255.42
- Tax amount:$9,207 (2026)
Parking
- Total parking spaces:8
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