5302 212 STREET SW
Mountlake Terrace, WA 98043
3087 sqft | 4 beds | 2 baths | 0.31 acres | #2403680
Open Houses
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Description
Many options with owner-occupied investment. Legal duplex on multifamily zoned lot that offers untapped potential for future expansion by adding multiple additional units. The upper unit is 1,008 square feet and has been tastefully updated, while the lower unit boasts two stories of living space at 2,079 square feet, along with a newly renovated 320sqft garage. With a combined rental income of $4,180, you can choose to occupy one unit and lease the other. Pre-approved for future development of three townhomes or the option for two single-family residences or tiny homes. Each option assume duplex stays. 5+ townhouses would be possible if the duplex was removed. See the brand new 18-unit townhouse development next door for inspiration.
Property Details
- InteriorDouble Pane/Storm Window, Water Heater
- BasementDaylight, Partially Finished
- Lot DescriptionCurbs, Paved, Sidewalk
- Property SubtypeSingle Family Residence
- SubdivisionMountlake Terrace
- Style15 - Multi Level
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Date ListedJuly 12, 2025
- CountySnohomish
- Property ConditionVery Good
- Property TypePurchase
- Original List Price$839,000
- School DistrictEdmonds
- MLS #2403680
- MLS #2403680
- Utility SourcePublic
- Taxes Annual$6,031
- Cost839000
- Structure TypeHouse
- Exterior MaterialsWood
- Acres0.31
- Square Feet3087
- Year Built1937
- Bedrooms4
- Bathrooms2
- Full Baths2
- Parking Spaces1
- Days on Market (Cumulative)1
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-07-12 19:43:11. 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.
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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Ben C. Snyder (#NWM66172)
Listing Office: Coldwell Banker Danforth (#NWM1021)
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