$665,000
Est. $3,370/mo3 bd•1.5 ba•1,404 sq ft
4404 229th Place Sw, Mountlake Terrace, WA 98043
• Listed 2026-04-16•49 days on market
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Based on information submitted to the MLS GRID as of April 24, 2026 at 05:03am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Turnkey investment opportunity in a convenient Mountlake Terrace location! This 3-bedroom, 1.5-bath rambler is currently tenant-occupied with a lease in place through 4/1/2027 at $2,210 per month, providing immediate and stable rental income. Situated on a 7,841 sq ft lot, the property offers a functional single-level layout and is in livable condition with excellent potential for future updates and value-add. Interior features include forced air heating and a practical floor plan, while the exterior offers a fully fenced backyard, concrete patio, and plenty of usable outdoor space for added tenant appeal. Ideally located near shopping, dining, parks, and everyday amenities, with convenient access to I-5 and the Mountlake Terrace Transit Center and light rail for easy commuting. Whether you’re looking to expand your rental portfolio or secure a long-term hold with upside potential, this property presents a strong opportunity in a growing and well-connected area.
Listed by Kevin Shaw • Shiloh Street
Listing updated: April 24, 2026 at 05:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2508899
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Open Sat, Jun 13
Open Sat, Jun 13
Open Sat, Jun 13 +1
Open Sat, Jun 13
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Open Sat, Jun 13
Open Sat, Jun 13$751,000
+$86,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $625K and $800K.
Rental earnings
$2,250/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$775,000Last sold price
4408 229th Place Sw, Mountlake Terrace, WA 98043
$703,000Last sold price
4407 229th Place Sw, Mountlake Terrace, WA 98043
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
4404 229th Place Sw, Mountlake Terrace, WA 98043
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,986 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Mountlake Terrace is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 7 days.
$625,000 Sold
2 days ago
2 bd•1 ba
5907 227th Street Sw, Mountlake Terrace, WA 98043
0%
Over list
—
Days on market
1.0 mi
Distance
$625,000 Sold
1 week ago
3 bd•1 ba•~1,036 sq ft•Single Family
23004 52nd Avenue W, Mountlake Terrace, WA 98043
1%
Under list
—
Days on market
0.5 mi
Distance
$800,000 Sold
2 weeks ago
4 bd•1 ba•~2,004 sq ft•Single Family
22904 41st Place Sw, Mountlake Terrace, WA 98043
5%
Over list
—
Days on market
0.2 mi
Distance
$1,150,000 Sold
3 weeks ago
4 bd•2.5 ba•~2,418 sq ft•Single Family
4802 236th Street Sw, Mountlake Terrace, WA 98043
8%
Under list
—
Days on market
0.5 mi
Distance
$600,000 Sold
3 weeks ago
2 bd•1 ba•~1,036 sq ft•Single Family
4909 234th Street Sw, Mountlake Terrace, WA 98043
0%
Over list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Edmonds School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
