5302 212 Street SW Mountlake Terrace WA 98043 MLS #NWM2403680

Listing Provided Courtesy of Coldwell Banker Danforth
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

Price:
$839,000
MLS #:
NWM2403680
Status:
Active
Beds:
4
Baths:
2
Address:
5302 212 Street SW
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Mountlake Terrace
Neighborhood:
730 – Southwest Snohomish
City:
Mountlake Terrace
Listed Date:
Jul 12, 2025
State:
WA
Finished Sq Ft:
3,087
Total Sq Ft:
3,087
ZIP:
98043
Lot Size:
13,504 sqft / 0.31 acres (approx)
Year Built:
1937

Schools

School District:
Edmonds

Interior

Appliances
Dryer(s), Refrigerator(s), Stove(s)/ Range(s), Washer(s)
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Vinyl Plank, Carpet
Heating
Baseboard

Exterior

Architectural Style
Traditional
Construction Materials
Wood
Exterior Features
Wood
Parking Features
Driveway, Attached Garage, Off Street
Parking Spots
1
Roof
Composition, Flat

Financial

Tax Year
2025
Taxes
$6,031

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5302 212 Street SW
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