$1,115,000
Est. $5,762/mo514 124th Place Sw #1-4, Everett, WA 98204
• Listed 2026-09-02•4 days on market
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Fully leased 1978 four plex. Four identical 2 bedroom, 1 bath units at 892 square feet each, all on 12 month term leases with staggered expirations into 2027.Eleven parking spaces on a 9,583 square foot lot, four of them covered carports with storage, which is close to three spaces per unit. On site coin laundry adds $200 a month on top of rent. Units are separately metered and tenants pay their own electricity and garbage.Two paths to higher income for the next owner. One unit rents $250 a month under the two identical units beside it. Water and sewer are still owner paid while comparable buildings in this pocket already bill it back.Wood frame on poured concrete and slab, two stories, 3,568 square feet. Baseboard and wall heat. Deck, patio, partially fenced, mountain view. Dead end street.Minutes to Interstate 5, the Mariner Park and Ride, and the Boeing Everett campus at Paine Field. Rent roll, leases and expense detail available on request.
Listed by Mina Mina Farag • Real Broker LLC
Listing updated: September 2, 2026 at 08:15pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2577015
514 124th Place Sw #1-4, Everett, WA 98204
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
Mukilteo 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.
$6,771 per month
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Everett 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 13 days.
$539,950 Sold
2 months ago
3 bd•2.25 ba•~1,560 sq ft•Single Family
222 124th Street Sw #f2, Everett, WA 98204
0%
Over list
—
Days on market
0.2 mi
Distance
$1,110,000 Sold
4 months ago
•Single Family
12421 5th Avenue W, Everett, WA 98204
11%
Under list
—
Days on market
0.1 mi
Distance
$50,000 Sold
4 months ago
•Single Family
24 Xx Center Road, Everett, WA 98204
0%
Over list
—
Days on market
0.4 mi
Distance
$290,000 Sold
4 months ago
2 bd•1.75 ba•Single Family
815 124th Street Sw, Everett, WA 98204
3%
Under list
—
Days on market
0.2 mi
Distance
$1,100,000 Sold
5 months ago
•Single Family
11907 Admiralty Way, Everett, WA 98204
13%
Over list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 2, 2026 at 08:15pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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