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    Mountlake Terrace, WA
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    Mountlake Terrace, WA Multifamily Properties for Sale

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    Updated Duplex with Private Porch
    Updated: May 21
    Updated Duplex with Private Porch

    22615 44TH Avenue, Mountlake Terrace, WA 98043

    $1,269,999
    3,292 sqft 4.00 AC lot
    Duplex built in 2003 with two mirror‑image units (Unit A and Unit B)
    Total of 6 bedrooms and 6 bathrooms across both units (3 bedrooms and 2.5 bathrooms per unit)
    Unit A updates include new flooring installed in 2025, brand‑new upstairs carpet, and freshly painted walls
    Unit B includes LVP flooring, upstairs carpeting, and additional floor‑to‑ceiling kitchen cabinetry for storage
    Unit B offers a fully private covered backyard porch with a hot tub and includes a refrigerator, washer, dryer, stove, and dishwasher
    View details
    See what stands out in Snohomish County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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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.

    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    8134 212th St SW, Edmonds, WA 98026

    $1,400,000
    3,904 sqft

    Four matching residences offer in-unit laundry, dedicated parking, and recent exterior and roof improvements.

    View details
    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.

    View details
    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.

    View details
    Edmonds Multifamily Investment Opportunity
    Edmonds Multifamily Investment Opportunity

    7420 208th Street SW, Edmonds, WA 98026

    $7,500,000

    36-unit apartment community in Edmonds' College Place neighborhood.

    View details

    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

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

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

    $15,005,000
    Estimated value
    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

    $178,810,000
    Estimated value
    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

    $25,675,000
    Estimated value
    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

    $815,000
    Estimated value
    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

    $43,715,000
    Estimated value
    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

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

    22817 Lakeview Dr, Mountlake Terrace, WA 98043-2801

    $32,230,000
    Estimated value
    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

    $23,950,000
    Estimated value
    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

    $490,000
    Estimated value
    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

    $6,670,000
    Estimated value
    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

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

    6002 232Nd Pl, Mountlake Terrace, WA 98043

    Value Estimation 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

    $23,750,000
    Estimated value
    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

    $51,870,000
    Estimated value
    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 3,292 square feet of properties for sale, with an estimated market value of $1,269,999.

    Sale prices for multifamily properties in Mountlake Terrace, WA average $1,269,999 — 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%

    High-Yield Neighborhoods for Investment

    Identify Mountlake Terrace submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98043 $1.3M

    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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