Great value add investment opportunity! Lot's of room to increase rent if you put new kitchen, update bathrooms, rents should be at least $1950 to $2000 a month. This 4-plex can provide steady income for investor, and the fact that the community is growing and there is low vacancy is definitely a plus. Units had been updated, new roof in 2020, new exterior paint in 2021 and updated electrical. There is additional income from the coin-op laundry.
Sold
Listed by: John L. Scott, Inc
Bought with: Keller Williams Downtown Sea
$935,000
4220 McKinley Avenue, Carnation, WA 98014
--beds
--baths
3,136sqft
Multi Family
Built in 1983
-- sqft lot
$940,100 Zestimate®
$298/sqft
$2,493 Estimated rent
Home value
$940,100
$893,000 - $997,000
$2,493/mo
Zestimate® history
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$5,638/mo
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Zillow last checked:
Listing updated:
Listed by:
Nelya Calev,
John L. Scott, Inc
Bought with:
Janice M. Brown, 1936
Keller Williams Downtown Sea
Source: NWMLS as distributed by MLS GRID,MLS#: 2061184
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Ceramic Tile, Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,136
- Total interior livable area: 3,136 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Features
- Patio & porch: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
Lot
- Size: 0.25 Acres
Details
- Parcel number: 8657300090
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Carnation
- Subdivision: Downtown Carnation
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 819 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2023 | Sold | $935,000-4.1%$298/sqft |
Source:  NWMLS as distributed by MLS GRID #2061184 Report a problem | ||
| 11/5/2023 | Pending sale | $975,000$311/sqft |
Source: NWMLS as distributed by MLS GRID #2061184 Report a problem | ||
| 10/31/2023 | Listed for sale | $975,000$311/sqft |
Source: NWMLS as distributed by MLS GRID #2061184 Report a problem | ||
| 10/12/2023 | Pending sale | $975,000$311/sqft |
Source: John L Scott Real Estate #2061184 Report a problem | ||
| 10/12/2023 | Contingent | $975,000$311/sqft |
Source: NWMLS as distributed by MLS GRID #2061184 Report a problem | ||
| 10/10/2023 | Price change | $975,000-9.3%$311/sqft |
Source: NWMLS as distributed by MLS GRID #2061184 Report a problem | ||
| 9/20/2023 | Price change | $1,075,000-4.4%$343/sqft |
Source: NWMLS as distributed by MLS GRID #2061184 Report a problem | ||
| 6/13/2023 | Price change | $1,125,000-2.2%$359/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2061184 Report a problem | ||
| 5/1/2023 | Listed for sale | $1,150,000-14.2%$367/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2061184 Report a problem | ||
| 5/4/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/15/2021 | Listed for rent | $1,395 |
Source: Zillow Rental Manager Report a problem | ||
| 10/17/2015 | Listing removed | $1,340,000$427/sqft |
Source: Windermere Real Estate/East, Inc. #823814 Report a problem | ||
| 10/17/2015 | Listed for sale | $1,340,000+21.8%$427/sqft |
Source: Windermere Real Estate/East, Inc. #823814 Report a problem | ||
| 10/15/2015 | Sold | $1,100,000-17.9%$351/sqft |
Source: NWMLS as distributed by MLS GRID #823814 Report a problem | ||
| 9/15/2015 | Pending sale | $1,340,000$427/sqft |
Source: Windermere Real Estate/East, Inc. #823814 Report a problem | ||
| 7/24/2015 | Listed for sale | $1,340,000+191.3%$427/sqft |
Source: Windermere Real Estate/East, Inc. #823814 Report a problem | ||
| 4/26/2014 | Listing removed | $460,000$147/sqft |
Source: Windermere Real Estate/Bellevue Commons, Inc. #539020 Report a problem | ||
| 9/5/2013 | Listed for sale | $460,000$147/sqft |
Source: Windermere Real Estate/East, Inc. #539020 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,869 +9.5% | $758,000 +9.5% |
| 2024 | $6,271 -1.6% | $692,000 +3.1% |
| 2023 | $6,373 +12.4% | $671,000 -0.4% |
| 2022 | $5,669 -7.4% | $674,000 +10.7% |
| 2021 | $6,121 -8.8% | $609,000 +1.5% |
| 2020 | $6,711 +11.6% | $600,000 +14.3% |
| 2019 | $6,015 +20.7% | $525,000 +18.8% |
| 2018 | $4,982 -5.3% | $442,000 +4% |
| 2017 | $5,262 +16.1% | $425,000 +7.9% |
| 2016 | $4,531 | $394,000 -4.4% |
| 2015 | $4,531 | $412,000 +13.8% |
| 2014 | $4,531 | $362,000 +5.5% |
| 2013 | $4,531 | $343,000 +5.5% |
| 2012 | -- | $325,000 +12.5% |
| 2011 | -- | $289,000 -12.7% |
| 2010 | -- | $331,000 |
| 2009 | -- | $331,000 -15.8% |
| 2007 | -- | $393,000 +25.2% |
| 2006 | -- | $314,000 +18% |
| 2005 | -- | $266,000 +19.8% |
| 2001 | $2,971 +7.8% | $222,000 +11% |
| 2000 | $2,755 | $200,000 |
Find assessor info on the county website
Neighborhood: 98014
Nearby schools
GreatSchools rating
- 6/10Carnation Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Tolt Middle SchoolGrades: 6-8Distance: 0.3 mi
- 10/10Cedarcrest High SchoolGrades: 9-12Distance: 6.5 mi
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Estimated market value
$940,100
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Estimated market value
$940,100
- Washington
- King County
- Carnation
- 98014
- 4220 McKinley Avenue
Nearby cities
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