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  • Listed by: COMPASS • Nic Chambers
    Bought with: John L. Scott, Inc.
    $835,000

    21404 46th Place W, Mountlake Terrace, WA 98043

    4beds
    2baths
    2,417sqft
    Duplex, Multi Family
    Built in 1979
    -- sqft lot
    $856,600 Zestimate®
    $345/sqft
    $2,378 Estimated rent

    Home value

    $856,600

    $814,000 - $899,000

    $2,378/mo

    Zestimate® history
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    What's special

    Modern finishesAttached single-car garageRenovated with new carpetNew appliancesQuiet cul-de-sacBrand-new roofIn-unit washers and dryers
    Tucked away on a quiet cul-de-sac just minutes from the Mountlake Terrace light rail station, this thoughtfully updated duplex blends comfort, efficiency, and long-term upside. A brand-new roof installed last month offers peace of mind for years to come. Both units have been renovated with new carpet, new appliances, and refreshed kitchens featuring quartz countertops and modern finishes. In-unit washers and dryers provide everyday convenience, while mini-splits with A/C in the living area and bedrooms of the upper unit deliver efficient year-round comfort. Storage is exceptional, with a fully finished attic offering flexible space for seasonal items, hobbies, or additional storage, plus an attached single-car garage for added functionality. The upstairs unit is leased through October 31, 2026, providing stable income, while the downstairs tenant moves out on April 30, 2026, offering flexibility for future plans. Tenants pay all utilities, helping keep operating expenses low. Ideal for investors or owner-occupants, the property offers updated systems, strong rental appeal, and unbeatable proximity to transit, shopping, and major commuter routes, all within a peaceful residential setting. A rare opportunity in one of Mountlake Terrace’s fastest-growing pockets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nic Chambers,

    COMPASS

    Bought with:

    Celene Hernandez Tzintzun, 84532

    John L. Scott, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2488037MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • 90%+ High Efficiency, Ductless, Wall Furnace, Electric, Wood
    Cooling
    • 90%+ High Efficiency, Ductless
    Features
    • Flooring: Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,417
    • Total interior livable area: 2,417 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.26 Acres
    • Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk, Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
    Details
    • Parcel number: 00677400000200
    • Zoning description: Multi-Family,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1979

    Utilities & green energy

    • Electric: Company: Snohomish PUD
    • Sewer: Sewer Connected, Company: Mountlake Terrace Utilities
    • Water: Public, Company: Mountlake Terrace Utilities
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Subdivision: Mountlake Terrace
    Location
    • Region: Mountlake Terrace

    Financial & listing details

    • Price per square foot: $345/sqft
    • Tax assessed value: $791,400
    • Annual tax amount: $6,158
    • Date on market: 5/12/2026
    • Cumulative days on market: 71 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    5/7/2026Sold$835,000-1.8%$345/sqft
    Source: NWMLS as distributed by MLS GRID #2488037 Report a problem
    3/31/2026Pending sale$850,000$352/sqft
    Source: NWMLS as distributed by MLS GRID #2488037 Report a problem
    3/5/2026Listed for sale$850,000+47.8%$352/sqft
    Source: NWMLS as distributed by MLS GRID #2488037 Report a problem
    2/15/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/14/2021Price change$2,000-4.8%$1/sqft
    Source: Zillow Rental Manager Report a problem
    2/2/2021Listed for rent$2,100$1/sqft
    Source: Zillow Rental Manager Report a problem
    10/2/2019Sold$575,000-2.5%$238/sqft
    Source: NWMLS as distributed by MLS GRID #1449876 Report a problem
    8/10/2019Pending sale$590,000$244/sqft
    Source: Keller Williams Realty Eastside #1449876 Report a problem
    7/24/2019Listed for sale$590,000$244/sqft
    Source: Keller Williams Realty Eastside #1449876 Report a problem
    6/28/2019Pending sale$590,000$244/sqft
    Source: Keller Williams Realty Eastside #1449876 Report a problem
    6/27/2019Price change$590,000-3.3%$244/sqft
    Source: Keller Williams Realty Eastside #1449876 Report a problem
    5/2/2019Listed for sale$610,000+52.5%$252/sqft
    Source: Keller Williams Eastside #1449876 Report a problem
    5/16/2006Sold$400,000+12.7%$165/sqft
    Source: NWMLS as distributed by MLS GRID #26038787 Report a problem
    7/28/2005Sold$355,000$147/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,390 +2.2%$791,400 +1.9%
    2023$6,254 +19%$776,400 +5.7%
    2022$5,257 -4.5%$734,800 +16.1%
    2021$5,505 +15.6%$633,000 +15.1%
    2020$4,761 +11.7%$550,000 +27.3%
    2019$4,262 $432,000 +16.4%
    2018-- $371,000 +9.1%
    2017$4,057 +50.9%$340,000 +11.5%
    2016$2,688 $305,000 +24.5%
    2015$2,688 +5.7%$245,000 +11.4%
    2013$2,542 $220,000
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    2008-- --
    2007-- --
    2002-- --
    2001$2,560 -0.5%$194,400
    2000$2,572 $194,400
    Find assessor info on the county website

    Neighborhood: 98043

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $856,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $856,600