$925000
-
Bed
-
Bath
-
3920 SqFt
-
1 DOM
-
Built: 1994
- Status: Active
Love this home?
Srinivas Kasam
CEO & Founder
(650)533-3259A rare investment opportunity on South Whidbey--this fully occupied 4-plex offers immediate cash flow and long-term upside in one of the areas most convenient locations. Just minutes from the Clinton Ferry and steps from the bus line, the property attracts commuters and locals alike, keeping demand strong year-round. All four units are leased to reliable tenants and professionally managed by Windermere Property Management (management fees not included in current expenses). Rents are currently below market, leaving meaningful room for growth as a new owner brings units to market rate over time. Set on a generous 1.15 acres, the property offers ample parking and yard space for tenants to enjoy. The large grassy area adjacent to the parking serves as the drainfield, with additional offsite drainfield capacity supporting the commercial building across the street. Whether you're expanding a portfolio or stepping into your first multi-family investment, this is a turnkey property with stable income, built-in upside, and a location that consistently performs.
Listing Provided Courtesy of Dan Fouts, Windermere RE/South Whidbey
General Information
-
NWM2515447
-
Multi Family
-
1 DOM
-
-
1.15 acres
-
-
3920
-
1994
-
-
Island
-
-
Buyer To Verify
-
Buyer To Verify
-
Buyer To Verify
-
Residential Incom
-
Multi Family
-
Listing Provided Courtesy of Dan Fouts, Windermere RE/South Whidbey
Kasamestates data last checked: May 05, 2026 14:42 | Listing last modified May 01, 2026 15:37,
Source:
Download our Mobile app
