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Mountlake Terrace, WA

Residential Income

Mountlake Terrace, WA Residential Income Properties for Sale

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Shoreline, WA Lynnwood, WA Edmonds, WA Kenmore, WA Lake Forest Park, WA Seattle, WA Bothell, WA Kirkland, WA

Updated Duplex with Private Porch

Updated: Jun 4

Updated Duplex with Private Porch

22615 44TH Avenue, Mountlake Terrace, WA 98043

$1,320,000

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

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 24 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Lynnwood Commercial Property For Sale

Lynnwood Commercial Property For Sale

4829 196th Street SW #17-18, Lynnwood, WA 98036

$6,525,000

1.50 AC lot

Prime 1.5-acre commercial property with mixed-use potential near transit.

Permit-Ready Multifamily Development

Permit-Ready Multifamily Development

23601 Hwy 99, Edmonds, WA 98026

Contact for pricing

272,876 sqft

Permit-ready multifamily project off Highway 99 with 255 market-rate apartments and extensive amenity space.

70-Unit Multifamily Community in Lynnwood

70-Unit Multifamily Community in Lynnwood

6616 202nd St SW, Lynnwood, WA 98036

$9,995,000

70-unit multifamily community with diverse unit types on 2.31 acres.

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.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Transit-Oriented Development Land Opportunity

Transit-Oriented Development Land Opportunity

2354 148th St, Shoreline, WA 98133

Contact for pricing

164,657 sqft 3.78 AC lot

Large land parcel near Shoreline South/148th St. Station.

Bothell Land Development Opportunity

Bothell Land Development Opportunity

9325 175th St, Bothell, WA 98011

Contact for pricing

37,462 sqft 0.86 AC lot

37,095 SF of R-M2 Zoned Land for sale.

Seattle Development Opportunity in Holman

Seattle Development Opportunity in Holman

10125 3rd Avenue NW, Seattle, WA 98177

$2,000,000

0.24 AC lot

10,500 sq ft lot primed for high-yield development.

Mixed-Use Development Opportunity

Mixed-Use Development Opportunity

3122 Broadway Avenue #15&16, Everett, WA 98201

$890,000

Shovel-ready mixed-use development with permits, near Angel of the Winds Arena.

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

$805,000

Estimated value

0.41 AC lot

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

4303 236th SW St

APARTMENT HOUSE (100+ UNITS)

4303 236th SW St, Mountlake Terrace, WA 98043

Value Estimation by Request

444,231 sqft 31.50 AC lot

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

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

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

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

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

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

21429 44th W Ave

MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request

1,374 sqft 2.39 AC lot

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

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

Multifamily properties

6002 232Nd Pl, Mountlake Terrace, WA 98043

Value Estimation by Request

128,501 sqft 2.95 AC lot

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

24000 Van Ry Blvd

APARTMENT HOUSE (100+ UNITS)

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

Value Estimation by Request

325,625 sqft 3.89 AC lot

Mountlake Terrace, WA Residential Income Properties Market Trends and Statistics

Explore 16 residential income 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 $1,320,000.

Sale prices for residential income properties in Mountlake Terrace, WA start at $1,320,000, averaging $1,320,000, and reaching up to $1,320,000 — 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

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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