A prime 4-plex investment opportunity in the center of charming North Bend! Well cared for and maintained, all four homes are 2x1s. This spacious rental property sits along Snoqualmie river surrounded by parks, across from the new library, a short stroll from the charming community of North Bend, you'll enjoy the area's natural beauty and vibrant atmosphere. This property is ideal for both seasoned investors and those new to real estate, offering great income potential. Ample designated parking, surrounded by trees and greenery. Owner is retiring after 40 years of ownership. No seller financing available.
Sold
Listed by: COMPASS • Sam Cunningham
Bought with: John L. Scott, Inc.
$1,375,000
437 Healy Avenue S, North Bend, WA 98045
--beds
--baths
3,618sqft
Quadruplex, Multi Family
Built in 1985
-- sqft lot
$1,323,800 Zestimate®
$380/sqft
$2,521 Estimated rent
Home value
$1,323,800
$1.22M - $1.44M
$2,521/mo
Zestimate® history
Owner options
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$2,521/mo
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$2,521/mo
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$8,436/mo
Est. payment
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$8,436/mo
Est. payment
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List your homeWhat's special
Designated parkingSnoqualmie riverSurrounded by parks
Zillow last checked:
Listing updated:
Offers reviewed: Jul 02
Listed by:
Sam Cunningham,
COMPASS,
Laura Cunningham,
COMPASS
Bought with:
Kate Humpherys, 114819
John L. Scott, Inc.
Bradley Hanson, 21012409
John L. Scott, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2397398
Facts & features
Interior
Heating
- Wall Unit(s), Electric
Cooling
- None
Features
- Flooring: Hardwood, Laminate
- Has fireplace: No
Interior area
- Total structure area: 3,618
- Total interior livable area: 3,618 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Uncovered spaces: 6
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,363 Square Feet
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 8036200355
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1985
- Major remodel year: 2007
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: North Bend
- Water: Community, Company: North Bend
- Utilities for property: Comcast, Comcast
Community & HOA
Community
- Subdivision: North Bend
Location
- Region: North Bend
Financial & listing details
- Price per square foot: $380/sqft
- Tax assessed value: $1,214,000
- Annual tax amount: $10,172
- Offers reviewed: 07/02/2025
- Date on market: 1/17/2026
- Cumulative days on market: 186 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2025 | Sold | $1,375,000$380/sqft |
Source:  NWMLS as distributed by MLS GRID #2397398 Report a problem | ||
| 6/29/2025 | Pending sale | $1,375,000$380/sqft |
Source: NWMLS as distributed by MLS GRID #2397398 Report a problem | ||
| 6/24/2025 | Listed for sale | $1,375,000$380/sqft |
Source: NWMLS as distributed by MLS GRID #2397398 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,985 +8% | $1,214,000 +10.6% |
| 2024 | $10,172 -4% | $1,098,000 +1.4% |
| 2023 | $10,592 +13.9% | $1,083,000 +0.2% |
| 2022 | $9,296 -3.2% | $1,081,000 +21.7% |
| 2021 | $9,606 -7.6% | $888,000 +1.8% |
| 2020 | $10,399 +6.3% | $872,000 +3.8% |
| 2019 | $9,780 +19.7% | $840,000 +16.3% |
| 2018 | $8,171 +0.5% | $722,000 +9.6% |
| 2017 | $8,132 +33.5% | $659,000 +4.4% |
| 2016 | $6,091 | $631,000 -4.5% |
| 2015 | $6,091 | $661,000 +25.7% |
| 2014 | $6,091 | $526,000 +2.9% |
| 2013 | $6,091 | $511,000 +7.6% |
| 2012 | -- | $475,000 +6.5% |
| 2011 | -- | $446,000 -12.4% |
| 2010 | -- | $509,000 |
| 2009 | -- | $509,000 +15.7% |
| 2007 | -- | $440,000 +15.2% |
| 2006 | -- | $382,000 +4.7% |
| 2005 | -- | $365,000 +38.8% |
| 2001 | $3,061 +1% | $263,000 +9.6% |
| 2000 | $3,030 | $240,000 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 9/10North Bend Elementary SchoolGrades: K-5Distance: 0.4 mi
- 9/10Twin Falls Middle SchoolGrades: 6-8Distance: 3.5 mi
- 10/10Mount Si High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: North Bend Elem
- Middle: Twin Falls Mid
- High: Mount Si 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
$1,323,800
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Estimated market value
$1,323,800
- Washington
- King County
- North Bend
- 98045
- Downtown
- 437 Healy Avenue S
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