5302 212th Street SW Mountlake Terrace, WA 98043
Listing Courtesy of: MLS LogoNorthwest MLS / Coldwell Banker Danforth / Ben Snyder

  5302 212th Street SW Mountlake Terrace, WA 98043

Active (4 Days)
$839,000

Description

Many options with this investment opportunity. Legal duplex on multifamily zoned lot that offers untapped potential for future expansion by adding multiple additional units. The upper unit is 1,008 square feet and has been tastefully updated, while the lower unit boasts two stories of living space at 2,079 square feet, along with a newly renovated 320sqft garage. With a combined rental income of $4,180, you can choose to occupy one unit and lease the other. Pre-approved for future development of three townhomes or the option for two single-family residences or tiny homes. Each option assume duplex stays. 5+ townhouses would be possible if the duplex was removed. See the brand new 18-unit townhouse development next door for inspiration.

MLS #:
2403685
Taxes
$6,031(2025)
Lot Size
0.31 acres
Type
Multifamily
Year Built
1937
Style
Duplex
School District
Edmonds
County
Snohomish County
Community
Mountlake Terrace

Listed By

Ben Snyder, Coldwell Banker Danforth
Source
Northwest MLS as distributed by MLS Grid
Last checked Jul 14 2025 at 8:44 AM GMT+0000
Bathroom Details
Interior Features
  • Ceramic Tile
Subdivision
  • Mountlake Terrace
Lot Information
  • Curbs
  • Open Space
  • Paved
  • Sidewalk
Property Features
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
Flooring
  • Ceramic Tile
  • Vinyl Plank
  • Carpet
Exterior Features
  • Wood
  • Roof: Composition
  • Roof: Flat
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 7/14/25 01:44. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.