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Ardivus Brivity

Sooper Dooper Guy | Template Draper

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804 124th St SW , Everett, WA 98204
$980,800
Est. Payment: $5,329.76/mo
8 Bed
8 Bath
3840 Sqft
0.3 Acres
Status: first look | Days on site: 10
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7341 - 148808,74217
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Ardivus Brivity
Sooper Dooper Guy

House 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!

Highlights

Listed by Harjinder Singh , 206-643-7853 and Stephen Ng , 206-601-1256 CENTURY 21 Real Estate Center , 425-775-8525. Northwest Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.3

HOA Fee

360 Monthly

Year Built

1979

County

Snohomish

Area

740 - Everett/Mukilteo

Neighborhood

Everett

School District

Mukilteo

Listing ID

2592847

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:8
Floor:Laminate,Vinyl Plank,Carpet
Water:Alderwood Water

Exterior Features

Lot:Deck,Zoning: Multi-Family
Garage Capacity:8
Zoning:Multi-Family
Roof:Composition
Others:
  • ▪ Additional:Wood, Wood Products, Good
Sewer:Alderwood Water
Parking Features:Covered
Principal Interest
$5,330
Taxes
$767
HOA
$360

Home Price

$980,800

Loan Details

30 yrs
7.207%

Down Payment

20%
$196,160
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,329.76

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $5,329.76 $767.25 $360.00 $6,457.01
Yearly $63,957.15 $9,207.00 $4,320.00 $77,484.15
Total $1,918,714.49 $276,210.00 $129,600.00 $2,324,524.49
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Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Everett, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-10-20T08:59:13.000Z

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