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Listing courtesy of NWMLS / Next Horizon Realty

12421 5th Avenue W

Everett, WA 98204

– beds
– baths
5,589 sqft
10,454 sqft lot
$249 per sqft
1979 build

Extra Large 5589sf Four Plex with a single, long term tenant. Annual income of $84,000 and tenant pays all utilities. 5.3% cap. Three units with two bedrooms and one unit with three bedrooms. Each unit has two baths. Shared laundry room on site. Tenant maintains the laundry and handles most simple repairs. Easy to own and easy to manage.

Listing courtesy of NWMLS / Next Horizon Realty

Last checked: Checking… • Last updated Jun 11, 2025 •

MLS# 2390007 —

The Building

Year Built:

1979
Year Built:

1979
Year Built Source:

Public Records
New Construction:

false
Structure Type:

Quadruplex
Roof:

Flat, Shake
Foundation Details:

Poured Concrete
Exterior Features:

Brick
Units In Building Total:

4
# of Units Total:

4
Stories Total:

2
Building Area Total:

5589
Building Area Units:

Square Feet
Calculated SqFt:

5589
SqFt Source:

tax
Construction Materials:

Brick

Interior

Flooring:

Laminate, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.885189
Longitude:

-122.239968
Directions:

128th Street Exit from I-405. Head west one long block to Right on 4th Ave. Four blocks to Left on 124th. First Left on 5th. Second building on the Left. Brick building.

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Property Condition:

Average
Parcel Number:

00660300000100
Lot Features:

Corner Lot, Cul-De-Sac
Lot Size Units:

Square Feet
Lot Size Acres:

0.24
Lot Size SqFt:

10454
Lot Size Source:

tax
Zoning Description:

Multi-Family
Zoning Jurisdiction:

City
View:

false
Waterfront:

false
Possible Use:

Multi-Family
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

9193

Beds

Bedrooms Possible:

9

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Baseboard

Utilities

Water Company:

Snohomish
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

Snohomish
Power Company:

Pse
Cable Connected:

Comcast

Schools

High School:

Mariner High
High School District:

Mukilteo

The Community

Subdivision Name:

Mariner
Senior Community:

false
Association Fee Frequency:

Not Applicable
Association:

false

Parking

Parking Total:

10
Parking Uncovered Spaces:

10
Open Parking:

true
Open Parking Spaces:

10
Carport:

false

Listing courtesy of NWMLS / Next Horizon Realty

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sun Jun 15 2025 06:40 AM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Provided by WalkScore® Inc.

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Sale history

Date	Event	Source	Price	% Change
6/11/25 Jun 11, 2025	Listed / Active	NWMLS	$1,396,000	71.3% (11.6% / YR)
4/16/19 Apr 16, 2019		NWMLS	$815,000	24.4% (12.5% / YR)
5/5/17 May 5, 2017		NWMLS	$655,000

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This multifamily located in Paine Field-Lake Stickney, WA 98204 is currently for sale for $1,396,000. 12421 5th Avenue W is a 5,589 square foot multifamily with – beds and – baths. 12421 5th Avenue W is in the Paine Field-Lake Stickney neighborhood of Everett and has a WalkScore® of 63, making it somewhat walkable. This multifamily is in the attendance area of Voyager Middle School, Lake Stickney Elementary, and Mariner High School.

Listing courtesy of NWMLS / Next Horizon Realty

Disclaimer: The information contained in this listing has not been verified by Next Horizon Realty and should be verified by the buyer.