Incredible opportunity to acquire a well-maintained 5-plex in beautiful Anacortes in great condition! With all five units currently leased, this property guarantees immediate rental income and a hassle-free investment. 3 units are 2 bed/ 1 bath. 2 units are 1 bed/ 1 bath. Washers and dryers in each unit. Each unit has its own electrical meter that renter pays. Seller pays for Water/Sewer/Garbage. Boasting a cap rate of 5.98%, this 5-plex is a valuable addition to any portfolio. Whether you're an experienced investor looking to expand or a newcomer seeking a solid market entry, this property offers both stability and growth potential. Don’t miss out on owning a high-performing asset in one of Washington’s most desirable locations!
Sold
Listed by: American Dream R. E. Services • Forbes Hansen
Bought with: COMPASS
$1,180,000
916 34th Street, Anacortes, WA 98221
--beds
--baths
4,136sqft
Multi Family
Built in 1900
-- sqft lot
$1,162,300 Zestimate®
$285/sqft
$1,948 Estimated rent
Home value
$1,162,300
$1.08M - $1.23M
$1,948/mo
Zestimate® history
Owner options
List your home for rent
$1,948/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,948/mo
Rent Zestimate®
Refinance and save
$7,081/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$7,081/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Forbes Hansen,
American Dream R. E. Services,
Jacquelyn Michael,
ONE Realty
Bought with:
Ben Kaufman, 18974
COMPASS
Nicole Allen, 125672
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2268444
Facts & features
Interior
Heating
- Forced Air, Wall Unit(s), Electric, Natural Gas
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 4,136
- Total interior livable area: 4,136 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Features
- Patio & porch: Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,658 Square Feet
- Features: Paved, Sidewalk
Details
- Parcel number: P112514
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- Cement Planked, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1900
- Major remodel year: 1985
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Anacortes
- Water: Public, Company: City of Anacortes
Community & HOA
Community
- Subdivision: Anacortes
Location
- Region: Anacortes
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $1,044,500
- Annual tax amount: $6,948
- Date on market: 8/12/2024
- Cumulative days on market: 709 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2024 | Sold | $1,180,000-5.5%$285/sqft |
Source:  NWMLS as distributed by MLS GRID #2268444 Report a problem | ||
| 8/9/2024 | Pending sale | $1,249,000$302/sqft |
Source: NWMLS as distributed by MLS GRID #2268444 Report a problem | ||
| 7/23/2024 | Listed for sale | $1,249,000+71.1%$302/sqft |
Source: NWMLS as distributed by MLS GRID #2268444 Report a problem | ||
| 11/27/2019 | Listing removed | $730,000$176/sqft |
Source: John L Scott Real Estate #1475299 Report a problem | ||
| 7/23/2019 | Pending sale | $730,000$176/sqft |
Source: John L Scott Real Estate #1475299 Report a problem | ||
| 7/10/2019 | Listed for sale | $730,000$176/sqft |
Source: John L Scott Real Estate #1475299 Report a problem | ||
| 7/9/2019 | Pending sale | $730,000$176/sqft |
Source: John L Scott Real Estate #1475299 Report a problem | ||
| 6/14/2019 | Listed for sale | $730,000+1.4%$176/sqft |
Source: John L Scott Real Estate #1475299 Report a problem | ||
| 9/6/2017 | Listing removed | $720,000$174/sqft |
Source: John L Scott Real Estate #1060969 Report a problem | ||
| 8/17/2017 | Pending sale | $720,000$174/sqft |
Source: John L Scott Real Estate #1060969 Report a problem | ||
| 1/7/2017 | Listed for sale | $720,000+12%$174/sqft |
Source: John L Scott Real Estate #1060969 Report a problem | ||
| 7/11/2014 | Listing removed | $643,000$155/sqft |
Source: John L Scott Real Estate #636993 Report a problem | ||
| 5/20/2014 | Listed for sale | $643,000+78.9%$155/sqft |
Source: Anacortes Office #636993 Report a problem | ||
| 5/18/2005 | Sold | $359,500$87/sqft |
Source: NWMLS as distributed by MLS GRID #25038169 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,888 +13.5% | $1,044,500 +13.4% |
| 2023 | $6,949 +3.7% | $921,400 +2% |
| 2022 | $6,699 | $903,500 +19.7% |
| 2021 | -- | $754,800 +20.3% |
| 2020 | $5,619 +5.2% | $627,200 +5.1% |
| 2019 | $5,343 +4.8% | $596,900 +5.4% |
| 2018 | $5,097 +43.1% | $566,200 +16.4% |
| 2017 | $3,562 -3.9% | $486,300 +30% |
| 2016 | $3,705 +3.1% | $374,100 |
| 2015 | $3,593 +15.5% | $374,100 +16.8% |
| 2013 | $3,111 | $320,300 -1.4% |
| 2012 | $3,111 +22.4% | $325,000 +21.5% |
| 2011 | $2,541 | $267,400 -8.5% |
| 2010 | $2,541 -7% | $292,300 -19.5% |
| 2009 | $2,733 +0.6% | $362,900 |
| 2008 | $2,717 | $362,900 |
| 2007 | $2,717 +37.2% | $362,900 +84.4% |
| 2003 | $1,980 +4.8% | $196,800 -2.8% |
| 2002 | $1,890 -2.8% | $202,400 +12.9% |
| 2001 | $1,945 +1.9% | $179,300 +7.9% |
| 2000 | $1,908 | $166,100 |
Find assessor info on the county website
Neighborhood: 98221
Nearby homes
- $330,0002 bd2 ba931 sqft910 34th St UNIT 103, Anacortes, WA 98221Sold
- $370,0002 bd2 ba832 sqft910 34th St UNIT 202, Anacortes, WA 98221Sold
- $390,0002 bd2 ba882 sqft910 34th St UNIT 302, Anacortes, WA 98221Sold
- $470,0002 bd1 ba1k sqft910 35th St, Anacortes, WA 98221Sold
- $540,0004 bd2 ba1.4k sqft916 35th St, Anacortes, WA 98221Sold
- $550,0004 bd4 ba1.5k sqft904 35th St, Anacortes, WA 98221Sold
- $509,9502 bd1 ba1.7k sqft817 34th St, Anacortes, WA 98221For Sale
- $599,00010,197.396 Square Feet3420 Commercial Ave, Anacortes, WA 98221Lot/Land
Nearby schools
GreatSchools rating
- 8/10Island View Elementary SchoolGrades: K-5Distance: 0.6 mi
- 6/10Anacortes Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Anacortes High SchoolGrades: 9-12Distance: 1 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Washington
- Skagit County
- Anacortes
- 98221
- 916 34th Street
Nearby cities
Nearby zip codes
Other Anacortes Topics
