$849,000
Est. $4,703/mo3,087 sq ft
5302 212 Street SW, Mountlake Terrace, WA 98043
• Listed Oct 16, 2026•1 day active · 1 cumulative
Listing Broker: Coldwell Banker Danforth; Ben C. Snyder; 206-371-2674; SnyderEstates@gmail.com
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Listing Broker: Coldwell Banker Danforth; Ben C. Snyder; 206-371-2674; SnyderEstates@gmail.com
About this home
House Hackers and DADU builders: This 13,000+sqft multifamily zoned property includes a three level 3,000+sqft duplex that can be lived in for half the mortgage or transformed into a triplex. The backyard has stamped architecture & structural plans and a comprehensive geotech report ($12K) for two DADU's and a new 6" sewer line from the street was installed just two months ago($15K). New roof, fully updated units, 1-car garage plus 5 additional parking spots. New townhouses next door valued at $750-800K each without any land. This is a move-in ready property with great long-term potential
Listed by Ben C. Snyder • Coldwell Banker Danforth
Listing updated: October 16, 2026 at 04:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2595324
Around this home
How much should you offer?
5302 212 Street SW, Mountlake Terrace, WA 98043
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Layout
- Duplex
- 320 sq ft garage
Flooring
- Vinyl Plank
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDigger- Mountlake Terrace ElementaryPublic · Grades K-6 · 0.5 mi · State rank 591 of 1,1384/10
- Brier Terrace Middle SchoolPublic · Grades 7-8 · 1.4 mi · State rank 76 of 5148/10
- Mountlake Terrace High SchoolPublic · Grades 9-12 · 0.8 mi · State rank 71 of 3968/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 2
- Units in building
- 2
- Units below grade
- false
- Building square feet
- 3,087 sq ft
Income & expenses
- Gross scheduled income
- $56,400
- Total monthly income
- $4,700
- Gross adjusted income
- $50,614
- Net operating income
- $48,614
- Cap rate
- 6%
- Gross rent multiplier
- 15
- Vacancy rate
- 5%
- Total expenses
- $7,886
- Insurance
- $100
- Water / sewer / garbage paid by
- 2000
Parking & storage
- Parking spaces
- 6
- Uncovered parking
- 5
- Covered spaces
- 1
Taxes & assessment
- Annual taxes
- $5,786
- Tax year
- 2025
- Financing
- Cash, Conventional, FHA, VA Loan
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 5302 212 Street SW
NWMLS via MLS Grid · Snohomish County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 16, 2026ListedNWMLS via MLS Grid · #2595324$849,000$275/sq ft
- Jun 29, 2018SoldNWMLS via MLS Grid · #1280059$605,000$196/sq ft
- Jun 4, 2018PendingNWMLS via MLS Grid · #1280059$595,000$193/sq ft
- May 17, 2018ListedNWMLS via MLS Grid · #1280059$595,000$193/sq ft
- Dec 30, 2005SoldNWMLS via MLS Grid · #25114244$340,000$110/sq ft
- Dec 9, 2005PendingNWMLS via MLS Grid · #25114244$329,900$107/sq ft
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$5,397 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Coldwell Banker Danforth; Ben C. Snyder; 206-371-2674; SnyderEstates@gmail.com
Market pulse
Mountlake Terrace is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 55 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 17, 2026 at 2:51 PM PT (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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