Multifamily

Mountlake Terrace, WA Multifamily Properties for Sale

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Duplex With DADU Plans
Updated: Oct 12
Duplex With DADU Plans

5302 212th St SW, Mountlake Terrace, WA 98043

$849,000
3,087 sqft
Three‑level duplex with updated units and a new roof
Stamped architectural and structural plans for two DADUs, plus a geotechnical report
New 6‑inch sewer line from the street installed two months ago
One‑car garage and five additional parking spaces
Multifamily zoning; existing layout could be reconfigured as a triplex
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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Mountlake Terrace, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

12-Unit Apartment Building
12-Unit Apartment Building

936 N 198th St, Shoreline, WA 98133

$2,500,000
8,400 sqft

Multifamily property with two-bedroom residences, on-site parking, and shared coin-operated laundry.

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4-Unit Shoreline Quadplex
4-Unit Shoreline Quadplex

19837 25TH, Shoreline, WA 98155

$1,250,000
3,500 sqft

Residential income property with convenient access to Interstate 5 and regional employment, shopping, recreation, and transportation.

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Koz on Alderwood Apartment Community
Koz on Alderwood Apartment Community

4301 Alderwood Mall Blvd, Lynnwood, WA 98036

Contact for pricing
68,858 sqft

Contemporary mid-rise apartments with studios, one-bedroom, and two-bedroom residences near Lynnwood Transit Center.

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50-Site Manufactured Housing Community
50-Site Manufactured Housing Community

6208 202nd Street Southwest, Lynnwood, WA 98036

Contact for pricing
4.57 AC lot

All-ages community with public water and sewer service in Lynnwood.

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Off-Market Properties in Mountlake Terrace, WA

Consider similar Off-Market properties in Mountlake Terrace, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

24313 54th W Ave
MOBILE HOME PARK, TRAILER PARK

24313 54th W Ave, Mountlake Terrace, WA 98043-5544

Estimated value:
$710,000
0.41 AC lot
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5402 212th SW St
APARTMENT HOUSE (100+ UNITS)

5402 212th SW St, Mountlake Terrace, WA 98043-2065

Estimated value:
$15,005,000
86,632 sqft 6.32 AC lot
View details
4303 236th SW St
APARTMENT HOUSE (100+ UNITS)

4303 236th SW St, Mountlake Terrace, WA 98043

Estimated value:
$178,810,000
444,231 sqft 31.50 AC lot
View details
24015 Van Ry Blvd
APARTMENT HOUSE (100+ UNITS)

24015 Van Ry Blvd, Mountlake Terrace, WA 98043-5429

Estimated value:
$25,675,000
161,572 sqft 2.05 AC lot
View details
24222 54th W Ave
MOBILE HOME PARK, TRAILER PARK

24222 54th W Ave, Mountlake Terrace, WA 98043-5500

Estimated value:
$815,000
2,367 sqft 6.48 AC lot
View details
6102 St Albion Way
APARTMENT HOUSE (100+ UNITS)

6102 St Albion Way, Mountlake Terrace, WA 98043-2207

Estimated value:
$43,715,000
322,420 sqft 19.24 AC lot
View details
23511 56th W Ave
APARTMENT HOUSE (100+ UNITS)

23511 56th W Ave, Mountlake Terrace, WA 98043-5256

Estimated value:
$21,550,000
152,942 sqft 1.21 AC lot
View details
22817 Lakeview Dr
APARTMENT HOUSE (100+ UNITS)

22817 Lakeview Dr, Mountlake Terrace, WA 98043-2801

Estimated value:
$32,230,000
237,329 sqft 14.25 AC lot
View details
23601 56th W Ave
APARTMENT HOUSE (100+ UNITS)

23601 56th W Ave, Mountlake Terrace, WA 98043-5259

Estimated value:
$23,950,000
175,614 sqft 1.26 AC lot
View details
21429 44th W Ave
MOBILE HOME PARK, TRAILER PARK

21429 44th W Ave, Mountlake Terrace, WA 98043-3575

Estimated value:
$490,000
1,374 sqft 2.39 AC lot
View details
21515 48th W Ave
APARTMENT HOUSE (100+ UNITS)

21515 48th W Ave, Mountlake Terrace, WA 98043-3472

Estimated value:
$6,670,000
73,780 sqft 7.94 AC lot
View details
4402 212th SW St
APARTMENT HOUSE (100+ UNITS)

4402 212th SW St, Mountlake Terrace, WA 98043-3418

Estimated value:
$22,175,000
130,010 sqft 8.25 AC lot
View details
6002 232Nd Pl
Multifamily properties

6002 232Nd Pl, Mountlake Terrace, WA 98043

Estimated value: by Request
128,501 sqft 2.95 AC lot
View details
23601 56th W Ave
APARTMENT HOUSE (100+ UNITS)

23601 56th W Ave, Mountlake Terrace, WA 98043-5259

Estimated value:
$23,750,000
175,614 sqft 1.26 AC lot
View details
24000 Van Ry Blvd
APARTMENT HOUSE (100+ UNITS)

24000 Van Ry Blvd, Mountlake Terrace, WA 98043-5461

Estimated value:
$51,870,000
325,625 sqft 3.89 AC lot
View details

Mountlake Terrace, WA Multifamily Properties Market Trends and Statistics

Explore 16 multifamily properties for sale in Mountlake Terrace, WA on our real estate platform. These investment opportunities span a total of 3,087 square feet of properties for sale, with an estimated market value of $849,000.

Sale prices for multifamily properties in Mountlake Terrace, WA average $849,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 21K
Population Growth (5Y) +1.4%
Median Household Income $101,408
College Educated 56.6%

Taxes & Financing

Tax Rate (average for all types) 0.63%
Property Tax per SF $3.40 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

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