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Listing courtesy of NWMLS / Coldwell Banker Danforth

5302 212th Street SW

Mountlake Terrace, WA 98043

Name: Open House: 12pm-2pm
Start: 2025-07-13T12:00:00
End: 2025-07-13T14:00:00
Location: 5302 212th Street SW

– beds
– baths
3,087 sqft
13,504 sqft lot
$271 per sqft
1980 build

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.

Listing courtesy of NWMLS / Coldwell Banker Danforth

Last checked: Checking… • Last updated Jul 12, 2025 •

MLS# 2403685 —

Upcoming Open Houses

Saturday, 7/12
12pm-2pm
Sunday, 7/13
12pm-2pm

The Building

Year Built:

1937
Year Built:

1980
Year Built Source:

Public Records
New Construction:

false
Structure Type:

Duplex
Roof:

Composition, Flat
Foundation Details:

Poured Concrete
Exterior Features:

Wood
Units In Building Total:

2
# of Units Total:

2
Stories Total:

2
Building Area Total:

3087
Building Area Units:

Square Feet
Calculated SqFt:

3087
SqFt Source:

Realist
Construction Materials:

Wood

Interior

Interior Features:

Ceramic Tile
Flooring:

Ceramic Tile, Vinyl Plank, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.806223
Longitude:

-122.304688
Directions:

Follow GPS

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Property Condition:

Very Good
Parcel Number:

27042800201600
Lot Features:

Curbs, Open Space, Paved, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

0.31
Lot Size SqFt:

13504
Lot Size Source:

Realist
Zoning Jurisdiction:

City
View:

false
Waterfront:

false
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

6031

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Baseboard

Utilities

Sewer:

Sewer Connected

Schools

High School District:

Edmonds

The Community

Subdivision Name:

Mountlake Terrace
Amenities:

Storage
Senior Community:

false
Association:

false

Parking

Parking Total:

5
Parking Uncovered Spaces:

4
Open Parking:

true
Open Parking Spaces:

4
Garage SqFt:

320
Carport:

false
Covered Spaces:

1

Listing courtesy of NWMLS / Coldwell Banker Danforth

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Fri Jul 11 2025 11:56 PM. 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.

Explore the Area

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From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/10/25 Jul 10, 2025	Listed / Active	NWMLS	$839,000	38.7% (5.5% / YR)
6/29/18 Jun 29, 2018		NWMLS	$605,000	77.9% (6.2% / YR)
12/30/05 Dec 30, 2005		NWMLS	$340,000

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This multifamily located in Cascade View, Mountlake Terrace, WA 98043 is currently for sale for $839,000. 5302 212th Street SW is a 3,087 square foot multifamily with – beds and – baths. 5302 212th Street SW is in the Cascade View neighborhood of Mountlake Terrace and has a WalkScore® of 63, making it somewhat walkable. This multifamily is in the attendance area of Brier Terrace Middle School.

Listing courtesy of NWMLS / Coldwell Banker Danforth

Disclaimer: The information contained in this listing has not been verified by Coldwell Banker Danforth and should be verified by the buyer.

5302 212th Street SW

Mountlake Terrace, WA 98043