Extra Large 5589sf Four Plex with a single, long term tenant. Annual income of $84,000 and tenant pays all utilities. 5.3% cap. Three units with two bedrooms and one unit with three bedrooms. Each unit has two baths. Shared laundry room on site. Tenant maintains the laundry and handles most simple repairs. Easy to own and easy to manage.
Sold
Listed by: Next Horizon Realty • Steve Morrow
Bought with: Bushnell Real Estate Solutions
$1,110,000
12421 5th Avenue W, Everett, WA 98204
9beds
8baths
5,589sqft
Quadruplex
Built in 1979
-- sqft lot
$1,038,500 Zestimate®
$199/sqft
$1,689 Estimated rent
Home value
$1,038,500
$976,000 - $1.11M
$1,689/mo
Zestimate® history
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Shared laundry roomTwo bedroomsThree bedroomsTwo baths
Zillow last checked:
Listing updated:
Listed by:
Steve Morrow,
Next Horizon Realty
Bought with:
Melissa Southam, 98330
Bushnell Real Estate Solutions
Source: NWMLS as distributed by MLS GRID,MLS#: 2390007
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
Heating
- Baseboard, Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 5,589
- Total interior livable area: 5,589 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Uncovered spaces: 10
Lot
- Size: 10,454 Square Feet
- Features: Corner Lot, Cul-De-Sac, Deck
Details
- Parcel number: 00660300000100
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Average
- Year built: 1979
- Major remodel year: 1979
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Snohomish
- Water: Public, Company: Snohomish
- Utilities for property: Comcast, Comcast
Community & HOA
Community
- Subdivision: Mariner
Location
- Region: Everett
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $1,187,700
- Annual tax amount: $9,193
- Date on market: 9/19/2025
- Cumulative days on market: 261 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | $1,110,000-10.9%$199/sqft |
Source:  NWMLS as distributed by MLS GRID #2390007 Report a problem | ||
| 3/17/2026 | Pending sale | $1,246,000$223/sqft |
Source: NWMLS as distributed by MLS GRID #2390007 Report a problem | ||
| 3/6/2026 | Price change | $1,246,000-3.9%$223/sqft |
Source: NWMLS as distributed by MLS GRID #2390007 Report a problem | ||
| 11/18/2025 | Listed for sale | $1,296,000$232/sqft |
Source: NWMLS as distributed by MLS GRID #2390007 Report a problem | ||
| 10/31/2025 | Pending sale | $1,296,000$232/sqft |
Source: NWMLS as distributed by MLS GRID #2390007 Report a problem | ||
| 7/17/2025 | Price change | $1,296,000-7.2%$232/sqft |
Source: NWMLS as distributed by MLS GRID #2390007 Report a problem | ||
| 6/11/2025 | Listed for sale | $1,396,000+71.3%$250/sqft |
Source: NWMLS as distributed by MLS GRID #2390007 Report a problem | ||
| 4/16/2019 | Sold | $815,000-5.8%$146/sqft |
Source: NWMLS as distributed by MLS GRID #1393016 Report a problem | ||
| 3/13/2019 | Pending sale | $865,000$155/sqft |
Source: Preferred Property Mgmt NW #1393016 Report a problem | ||
| 12/15/2018 | Listed for sale | $865,000+32.1%$155/sqft |
Source: Preferred Property Mgmt NW #1393016 Report a problem | ||
| 5/5/2017 | Sold | $655,000$117/sqft |
Source: NWMLS as distributed by MLS GRID #1097857 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,432 +13.5% | $1,187,700 +13.4% |
| 2023 | $9,193 +22.9% | $1,046,900 +19.6% |
| 2022 | $7,480 -7.7% | $875,700 +7.8% |
| 2021 | $8,105 -1.1% | $812,000 +3.6% |
| 2020 | $8,191 +14.2% | $784,000 +12.3% |
| 2019 | $7,174 | $698,000 +8.2% |
| 2018 | -- | $645,000 +21.5% |
| 2017 | $7,220 +26.1% | $531,000 +5.4% |
| 2016 | $5,727 | $504,000 +12.5% |
| 2015 | $5,727 +7.2% | $448,000 +14.9% |
| 2013 | $5,341 | $390,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
Find assessor info on the county website
Neighborhood: 98204
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Nearby schools
GreatSchools rating
- 4/10Lake Stickney Elementary SchoolGrades: K-5Distance: 1.2 mi
- 4/10Voyager Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Mariner High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- High: Mariner High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,038,500
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Estimated market value
$1,038,500
- Washington
- Snohomish County
- Everett
- 98204
- 12421 5th Avenue W
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