Updated Quadplex with Water
For Sale
$1,000,000
7687 Francis Lane # 1-4, Blaine, WA 98230
Remodeled multi-unit property with on-site laundry and paved parking.
Property Size2,004 SF
Price / SF$499
Days on Market847
Property Features for 7687 Francis Lane # 1-4
General Information
Standard status
Active
Size
2,004 SF
Property subtype
Multi-Family
Zoning
Resort Commercial
Net Operating Income
$55,943
Units
Unit Mix
3 x 2BR, 1 x 1BR
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$6,622
Amenities
laundry room
water views
Laminate,Vinyl,Carpet
Yes
No
2
Electric
Paved
Community
Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings
65 x 106
0.14
Wood
Poured Concrete
2004
5
Building Details
Building Size
2,004 SF
Year Built
1952
Year Renovated
2021
Buildings
1
Stories
2
Listing Agency:
BHGRE - Northwest Home Team
(503) 716-8644
Listed By:
Naz Parsiani
(503) 706-3850
Source:
Premierepropertygroup
Added: Jun 24, 2024
Changed: Oct 16
Last Checked: Oct 16 at 6:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHGRE - Northwest Home Team
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,004-square-foot quadplex contains four residential units: three two-bedroom apartments and one one-bedroom apartment. Each unit was remodeled in 2021, and the property includes a dedicated laundry room with a stack washer and dryer. The improvements include laminate, vinyl, and carpet flooring, plus partial fencing and decks.
The property is positioned one block from Birch Bay Drive and includes water views. Its paved parking area was resurfaced in 2024. Resort commercial zoning is identified as allowing no setbacks and no height restrictions, while the source information also notes that additional units may be added. The property was recently surveyed.
The property is positioned one block from Birch Bay Drive and includes water views. Its paved parking area was resurfaced in 2024. Resort commercial zoning is identified as allowing no setbacks and no height restrictions, while the source information also notes that additional units may be added. The property was recently surveyed.
Key Highlights
- Four‑unit layout with three 2‑bedroom units and one 1‑bedroom unit
- All units remodeled in 2021
- 2,004 square feet on a 0.14‑acre parcel
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 98230, WA
18,754
Population
9,395
Households
2
Avg Household Size
48
Median Age
32%
College-Educated
95%
High-School Grad
42.5 sq mi
ZIP Area
441
Density / Sq Mi
$82,716
Median Household Income
$45,603
Median Earnings
$1,255
Median Rent
$467,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Remodeled multi-unit property with on-site laundry and paved parking.
Where is this quadplex located?
The property is located at 7687 Francis Lane # 1-4 Blaine, WA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four‑unit layout with three 2‑bedroom units and one 1‑bedroom unit; All units remodeled in 2021; 2,004 square feet on a 0.14‑acre parcel
