5302 212th Street SW

Mountlake Terrace, WA 98043

  • Bed

  • Bath

  • 3087 SqFt

  • 1 DOM

  • Built: 1937

  • Status: Active

$839,000

X

5302 212th Street SW

Mountlake Terrace 98043

$839000

  • Bed

  • Bath

  • 3087 SqFt

  • 1 DOM

  • Built: 1937

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 3087

  • Composition, Flat

  • 52 - Duplex

  • 1937

  • Poured Concrete

  • Storage

Features and Utilities

  • Ceramic Tile

  • Wood

  • Sewer Connected

  • 0

Financial

  • 6031

  • Cash Out, Conventional, FHA, VA Loan

  • 07-10-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional, FHA, VA Loan

  • $839,000

  • $839,000

  • Jul 10, 2025 20:29

Schools

Map

Listing courtesy of Coldwell Banker Danforth.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jul 11, 2025 10:53 | Listing last modified Jul 10, 2025 20:29. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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