Jaymcginnis.com Search Results

$969,000

Brand-new roof installed in August 2026! Attractive 4-plex ideally located near Hwy 99, I-5, & 405. Enjoy a desirable unit mix of 3 - 2 bed, 1 bath units and 1 - 1 bed, 1 bath unit. Recent upgrades to units 2-4 include newer flooring, newer interior paint, and partial cabinet (newer in unit 4, refreshed in units 2 & 3 with newer paint and hardware), countertop, trim, & light fixture upgrades, as well as many updated appliances. Upper units have a small deck and the lower units are adjacent to a small yard. 8 parking spaces (2 per unit!). Common laundry provides additional income potential. A flexible asset with the ability to immediately owner-occupy or use as a long-term hold with good cashflow + additional upside potential through operational improvements.

2575395 MLS ⋅ ACTIVE Status

Brand-new roof installed in August 2026! Attractive 4-plex ideally located near Hwy 99, I-5, & 405. Enjoy a desirable unit mix of 3 - 2 bed, 1 bath units and 1 - 1 bed, 1 bath unit. Recent upgrades to units 2-4 include newer flooring, newer interior paint, and partial cabinet (newer in unit 4, refreshed in units 2 & 3 with newer paint and hardware), countertop, trim, & light fixture upgrades, as well as many updated appliances. Upper units have a small deck and the lower units are adjacent to a small yard. 8 parking spaces (2 per unit!). Common laundry provides additional income potential. A flexible asset with the ability to immediately owner-occupy or use as a long-term hold with good cashflow + additional upside potential through operational improvements.

15328 40th Avenue W, Lynnwood

Listing courtesy of Windermere Real Estate Co..

$899,000

Part of core Downtown Granite Falls, zoned commercial, grandfathered multi-family. Fully stabilized rents withlong term tenants in place. Upside available with rental increases and utility billback. All units renovated in2022, complete re-roofed in 2022 with 30 year roof. Onsite coin-op laundry. All units 2 bed/1 bath. Generous city parking.

2579339 MLS ⋅ ACTIVE Status

Part of core Downtown Granite Falls, zoned commercial, grandfathered multi-family. Fully stabilized rents withlong term tenants in place. Upside available with rental increases and utility billback. All units renovated in2022, complete re-roofed in 2022 with 30 year roof. Onsite coin-op laundry. All units 2 bed/1 bath. Generous city parking.

316 S Granite, Granite Falls

Listing courtesy of Realty One Group Orca.

$1,115,000

Fully leased 1978 four plex. Four identical 2 bedroom, 1 bath units at 892 square feet each, all on 12 month term leases with staggered expirations into 2027.Eleven parking spaces on a 9,583 square foot lot, four of them covered carports with storage, which is close to three spaces per unit. On site coin laundry adds $200 a month on top of rent. Units are separately metered and tenants pay their own electricity and garbage.Two paths to higher income for the next owner. One unit rents $250 a month under the two identical units beside it. Water and sewer are still owner paid while comparable buildings in this pocket already bill it back.Wood frame on poured concrete and slab, two stories, 3,568 square feet. Baseboard and wall heat. Deck, patio, partially fenced, mountain view. Dead end street.Minutes to Interstate 5, the Mariner Park and Ride, and the Boeing Everett campus at Paine Field. Rent roll, leases and expense detail available on request.

2577015 MLS ⋅ ACTIVE Status

Fully leased 1978 four plex. Four identical 2 bedroom, 1 bath units at 892 square feet each, all on 12 month term leases with staggered expirations into 2027.Eleven parking spaces on a 9,583 square foot lot, four of them covered carports with storage, which is close to three spaces per unit. On site coin laundry adds $200 a month on top of rent. Units are separately metered and tenants pay their own electricity and garbage.Two paths to higher income for the next owner. One unit rents $250 a month under the two identical units beside it. Water and sewer are still owner paid while comparable buildings in this pocket already bill it back.Wood frame on poured concrete and slab, two stories, 3,568 square feet. Baseboard and wall heat. Deck, patio, partially fenced, mountain view. Dead end street.Minutes to Interstate 5, the Mariner Park and Ride, and the Boeing Everett campus at Paine Field. Rent roll, leases and expense detail available on request.

514 124th Place SW Unit #1-4, Everett

Listing courtesy of Real Broker LLC.

$825,000

The Lombard Ave Fourplex is a fully renovated four-unit multifamily property located at 3432 Lombard Ave in Everett’s desirable Port Gardner neighborhood. Originally constructed in 1901, the property has benefited from significant capital improvements under current ownership, including a new roof, electrical panels, and PEX plumbing, all completed in 2019. Each residence has been thoughtfully renovated between 2018 and 2021, featuring updated kitchens, flooring, bathrooms, and lighting, with every unit also equipped with a dishwasher. The property offers a diverse unit mix consisting of two 600 SF studios, a 900 SF one-bedroom/ one-bathroom unit, and a spacious 1,200 SF two-bedroom/one-bathroom unit. Residents have access to a shared coin-operated laundry room and additional basement storage. The property retains its historic character with high ceilings, original trim, and tall windows that provide each unit with a distinctive sense of charm and great natural light. The offering presents a turnkey investment with multiple avenues for additional income growth.

2575389 MLS ⋅ ACTIVE Status

The Lombard Ave Fourplex is a fully renovated four-unit multifamily property located at 3432 Lombard Ave in Everett’s desirable Port Gardner neighborhood. Originally constructed in 1901, the property has benefited from significant capital improvements under current ownership, including a new roof, electrical panels, and PEX plumbing, all completed in 2019. Each residence has been thoughtfully renovated between 2018 and 2021, featuring updated kitchens, flooring, bathrooms, and lighting, with every unit also equipped with a dishwasher. The property offers a diverse unit mix consisting of two 600 SF studios, a 900 SF one-bedroom/ one-bathroom unit, and a spacious 1,200 SF two-bedroom/one-bathroom unit. Residents have access to a shared coin-operated laundry room and additional basement storage. The property retains its historic character with high ceilings, original trim, and tall windows that provide each unit with a distinctive sense of charm and great natural light. The offering presents a turnkey investment with multiple avenues for additional income growth.

3432 Lombard Avenue, Everett

Listing courtesy of Paragon Real Estate Advisors.

$1,400,000

This well maintained Edmonds fourplex is offered for sale for the first time since 2005. Tucked away in the desirable 5 Corners area, the property features four matching 2BD/1.75BA units of approximately 976SF, each with in unit laundry. 8 dedicated parking spaces are included, four of which are covered. Recent improvements include a full roof replacement with new insulation and ventilation in 2021, a new carport roof in 2023, and new exterior paint, refreshed decks, and stair carpeting in 2024. Units B, C, and D are on annual leases through August 31, 2027. Unit A now vacant and to be marketed for lease at $2,275/mo. when ready. Additional upside exists through the implementation of a utility reimbursement program. Seller financing available to qualified buyers.

2563665 MLS ⋅ ACTIVE Status

This well maintained Edmonds fourplex is offered for sale for the first time since 2005. Tucked away in the desirable 5 Corners area, the property features four matching 2BD/1.75BA units of approximately 976SF, each with in unit laundry. 8 dedicated parking spaces are included, four of which are covered. Recent improvements include a full roof replacement with new insulation and ventilation in 2021, a new carport roof in 2023, and new exterior paint, refreshed decks, and stair carpeting in 2024. Units B, C, and D are on annual leases through August 31, 2027. Unit A now vacant and to be marketed for lease at $2,275/mo. when ready. Additional upside exists through the implementation of a utility reimbursement program. Seller financing available to qualified buyers.

8134 212th Street SW, Edmonds

Listing courtesy of KW Greater Seattle.

$1,099,995

Exceptional investment opportunity in the heart of Marysville! This well-maintained 4-plex offers a strong 5.8% cap rate with stable cash flow and long-term upside. Annual gross rental income is $82,680, making it an ideal addition to any investment portfolio or 1031 exchange.Two units have been extensively renovated within the past two years with modern finishes, while the remaining two units are occupied by approximately 6-year tenants who have taken exceptional care of their homes, providing dependable income and low turnover. The property has been well maintained and offers investors an excellent balance of immediate returns and future value-add potential as units naturally transition over time.Conveniently located near shopping, restaurants, schools, parks, I-5, Highway 9, and major employers, this property continues to attract quality tenants in one of Snohomish County's strongest rental markets.Whether you're a seasoned investor or purchasing your first multifamily property, this is a rare opportunity to acquire a clean, professionally maintained fourplex with solid financials, stable occupancy, and room for future growth. Pre Inspection Available. Just ask the Listing Agent

2559003 MLS ⋅ ACTIVE Status

Exceptional investment opportunity in the heart of Marysville! This well-maintained 4-plex offers a strong 5.8% cap rate with stable cash flow and long-term upside. Annual gross rental income is $82,680, making it an ideal addition to any investment portfolio or 1031 exchange.Two units have been extensively renovated within the past two years with modern finishes, while the remaining two units are occupied by approximately 6-year tenants who have taken exceptional care of their homes, providing dependable income and low turnover. The property has been well maintained and offers investors an excellent balance of immediate returns and future value-add potential as units naturally transition over time.Conveniently located near shopping, restaurants, schools, parks, I-5, Highway 9, and major employers, this property continues to attract quality tenants in one of Snohomish County's strongest rental markets.Whether you're a seasoned investor or purchasing your first multifamily property, this is a rare opportunity to acquire a clean, professionally maintained fourplex with solid financials, stable occupancy, and room for future growth. Pre Inspection Available. Just ask the Listing Agent

1309 Wildwood Street Unit #A/B/CD, Marysville

Listing courtesy of HomeSmart Real Estate Assoc.

$1,395,000

Investor Opportunity! Existing income-producing fourplex located in Arlington’s OTBD-3, Old Town Business district. Current zoning permits multifamily apartments, townhouses, rowhouses and mixed-use development, subject to City approval and applicable parking, access, utility and development standards. Approximately 10,019-square-foot lot with eight existing parking spaces and additional site area offering potential for expansion or future redevelopment. Buyer to verify all development possibilities with the City of Arlington.

2553843 MLS ⋅ ACTIVE Status

Investor Opportunity! Existing income-producing fourplex located in Arlington’s OTBD-3, Old Town Business district. Current zoning permits multifamily apartments, townhouses, rowhouses and mixed-use development, subject to City approval and applicable parking, access, utility and development standards. Approximately 10,019-square-foot lot with eight existing parking spaces and additional site area offering potential for expansion or future redevelopment. Buyer to verify all development possibilities with the City of Arlington.

703 Broadway Street, Arlington

Listing courtesy of NextHome PNW Realty.

$1,500,000

INVESTOR ALERT!! VALUE IN THE LAND! 1 of a kind Rambler 4 Plex on 30K sq ft level lot.zoned UR4. Or 4 floors or 45 ft. And City does not limit units. 3 units are vacant, 1 with long term tenants. 2 of the units 3 bed 2 bath, 2 have 2 bed plus a bonus room. 1100+ sq ft. All have laundry hookups Choose to Remodel existing 4 units or develop into ??? Units. Bring your Ideas and toolbelt to this Unique piece of property.

2543728 MLS ⋅ ACTIVE Status

INVESTOR ALERT!! VALUE IN THE LAND! 1 of a kind Rambler 4 Plex on 30K sq ft level lot.zoned UR4. Or 4 floors or 45 ft. And City does not limit units. 3 units are vacant, 1 with long term tenants. 2 of the units 3 bed 2 bath, 2 have 2 bed plus a bonus room. 1100+ sq ft. All have laundry hookups Choose to Remodel existing 4 units or develop into ??? Units. Bring your Ideas and toolbelt to this Unique piece of property.

9618 Holly Drive, Everett

Listing courtesy of HomeSmart One Realty.

$1,099,000

Great opportunity to own a purpose-built 4-plex in a convenient Everett location. This well-maintained property offers strong rental history with long-term tenants and additional upside through future value-add improvements. The building features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit has been fully remodeled with quartz countertops, updated kitchen and bath, in-unit washer/dryer, and forced air heating/cooling, providing a great example of potential for the remaining units. Major system updates include newer windows throughout and a replaced roof, helping reduce immediate capital expenses. Each unit includes off-street parking, adding to tenant convenience and appeal. Ideally located near the I-5 corridor, bus lines, and Everett AquaSox Stadium, with easy access to local coffee shops, restaurants, and everyday amenities. A solid investment with a blend of stability and opportunity.

2533177 MLS ⋅ ACTIVE Status

Great opportunity to own a purpose-built 4-plex in a convenient Everett location. This well-maintained property offers strong rental history with long-term tenants and additional upside through future value-add improvements. The building features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit has been fully remodeled with quartz countertops, updated kitchen and bath, in-unit washer/dryer, and forced air heating/cooling, providing a great example of potential for the remaining units. Major system updates include newer windows throughout and a replaced roof, helping reduce immediate capital expenses. Each unit includes off-street parking, adding to tenant convenience and appeal. Ideally located near the I-5 corridor, bus lines, and Everett AquaSox Stadium, with easy access to local coffee shops, restaurants, and everyday amenities. A solid investment with a blend of stability and opportunity.

1907 37th Street, Everett

Listing courtesy of KW Everett.

$1,370,000

Solid long term investor opportunity meets peace of mind in this serene, centrally located Edmonds four-plex! Tucked away like a hidden gem, this property offers a tranquil setting with exceptional access to everyday conveniences. Featuring a versatile unit mix of one 3-bedroom, one 2-bedroom, and two 1-bedroom apartments, offering spacious living areas and attractive updates including newer cabinetry, quartz countertops, and stainless steel appliances. Perfect for investors or an owner-occupant seeking a live/rent (“house-hack”) lifestyle, this property is just minutes from transit, ferry access, parks, the waterfront, shopping, and restaurants. Major capital improvements provide added confidence and long-term value, including a new driveway and extensive French drain system installed approximately two years ago—a $70,000 investment designed to proactively manage drainage and protect the property. Additional moisture-control upgrades include two newer commercial-grade dehumidifier/air pump systems serving the lower units, a sump pump system installed in Unit 2, and thoughtful infrastructure improvements implemented to support long-term building performance. With ample parking, strong utility, and major systems already addressed, this property offers a compelling buy-and-hold investment or owner-occupied opportunity in one of Edmonds’ most desirable locations.

2530189 MLS ⋅ ACTIVE Status

Solid long term investor opportunity meets peace of mind in this serene, centrally located Edmonds four-plex! Tucked away like a hidden gem, this property offers a tranquil setting with exceptional access to everyday conveniences. Featuring a versatile unit mix of one 3-bedroom, one 2-bedroom, and two 1-bedroom apartments, offering spacious living areas and attractive updates including newer cabinetry, quartz countertops, and stainless steel appliances. Perfect for investors or an owner-occupant seeking a live/rent (“house-hack”) lifestyle, this property is just minutes from transit, ferry access, parks, the waterfront, shopping, and restaurants. Major capital improvements provide added confidence and long-term value, including a new driveway and extensive French drain system installed approximately two years ago—a $70,000 investment designed to proactively manage drainage and protect the property. Additional moisture-control upgrades include two newer commercial-grade dehumidifier/air pump systems serving the lower units, a sump pump system installed in Unit 2, and thoughtful infrastructure improvements implemented to support long-term building performance. With ample parking, strong utility, and major systems already addressed, this property offers a compelling buy-and-hold investment or owner-occupied opportunity in one of Edmonds’ most desirable locations.

9010 236th Street SW, Edmonds

Listing courtesy of The Joseph Group.

$1,250,000

Everett 4 Unit: 6.36% cap rate. All units are 2BD/1BA at 850 SF each (3,400 NRSF) on a 6,098 SF lot. Infrastructure highlights include a 4-year-old roof, copper and ABS plumbing, and GE electrical panels, minimizing near-term cap-ex and providing peace of mind for the incoming investor. Units feature forced air heating, on-site laundry, and two units have back patios. 10 parking spaces (2.5/unit) adds convenience and tenant retention value. Upside available through strategic market rent adjustments as the surrounding Everett market continues to grow — making this an ideal core hold for any investor seeking steady income with long-term appreciation potential.

2529127 MLS ⋅ ACTIVE Status

Everett 4 Unit: 6.36% cap rate. All units are 2BD/1BA at 850 SF each (3,400 NRSF) on a 6,098 SF lot. Infrastructure highlights include a 4-year-old roof, copper and ABS plumbing, and GE electrical panels, minimizing near-term cap-ex and providing peace of mind for the incoming investor. Units feature forced air heating, on-site laundry, and two units have back patios. 10 parking spaces (2.5/unit) adds convenience and tenant retention value. Upside available through strategic market rent adjustments as the surrounding Everett market continues to grow — making this an ideal core hold for any investor seeking steady income with long-term appreciation potential.

3116 18th Street, Everett

Listing courtesy of COMPASS.

$1,090,000

Tucked away at the end of quiet street in a peaceful forested setting just west of 99, this fully-rented cash machine boasts an impressive .19 acre wooded lot with fully-fenced yards & 7 parking spaces. Solid 1979 2-story 4-plex with sweeping covered front porch features identical 2-bedroom 1-bath 790sf units with private washer/dryers & new kitchens, baths, roof & windows just over 10 years ago. Rarely ever vacant with happy, long-term tenants. Super convenient location within walking distance to Swift transit & minutes to I-5, 405 & Lynnwood's new light rail station!

2527527 MLS ⋅ ACTIVE Status

Tucked away at the end of quiet street in a peaceful forested setting just west of 99, this fully-rented cash machine boasts an impressive .19 acre wooded lot with fully-fenced yards & 7 parking spaces. Solid 1979 2-story 4-plex with sweeping covered front porch features identical 2-bedroom 1-bath 790sf units with private washer/dryers & new kitchens, baths, roof & windows just over 10 years ago. Rarely ever vacant with happy, long-term tenants. Super convenient location within walking distance to Swift transit & minutes to I-5, 405 & Lynnwood's new light rail station!

18332 Hurst Road, Lynnwood

Listing courtesy of Upgrade Realty.

$1,200,000

Sought after turnkey Marysville 4 plex. Pride of ownership and quality neighborhood is evident. All 4 units are 2 bedrooms, 1 bathroom, 948 square feet with 1 car carports. These units live like private homes. All units are individually addressed and individually metered for power. HOA fee covers garbage & lawn maintenace. Turnkey with lots of potential. All units have been updated. Unit 4 renovation was completed in April 2026. A new roof is being installed May 2026.

2519620 MLS ⋅ ACTIVE Status

Sought after turnkey Marysville 4 plex. Pride of ownership and quality neighborhood is evident. All 4 units are 2 bedrooms, 1 bathroom, 948 square feet with 1 car carports. These units live like private homes. All units are individually addressed and individually metered for power. HOA fee covers garbage & lawn maintenace. Turnkey with lots of potential. All units have been updated. Unit 4 renovation was completed in April 2026. A new roof is being installed May 2026.

1262 Cedar Avenue Unit #1-4, Marysville

Listing courtesy of Real Property Associates.

$1,414,000

Quality-built 4-plex on a 12,633 sq. ft. lot. On a greenbelt. Ocean view across the street.1 mile to the beach. Saltwater breeze reaches units. Oversized patios & balconies. Soundproof bubble concrete subfloors; see picture. Hardwood floors. Granite countertop. New double-thick glass windows. New doors and millwork. 2 new bathtubs & all faucets. New gutters and downspouts. New Aqua-Pex water line. Walk to school. 5 miles to Alderwood Mall, I-5, 405. In an area of multi-million-dollar houses. 2 coin op laundries. 4 storage units, 8 personal parking spaces. Only 6 tenants, no pets. Gross scheduled: $106,872. Proof of funds.

2499588 MLS ⋅ ACTIVE Status

Quality-built 4-plex on a 12,633 sq. ft. lot. On a greenbelt. Ocean view across the street.1 mile to the beach. Saltwater breeze reaches units. Oversized patios & balconies. Soundproof bubble concrete subfloors; see picture. Hardwood floors. Granite countertop. New double-thick glass windows. New doors and millwork. 2 new bathtubs & all faucets. New gutters and downspouts. New Aqua-Pex water line. Walk to school. 5 miles to Alderwood Mall, I-5, 405. In an area of multi-million-dollar houses. 2 coin op laundries. 4 storage units, 8 personal parking spaces. Only 6 tenants, no pets. Gross scheduled: $106,872. Proof of funds.

14025 61st Place W, Edmonds

Listing courtesy of List4FlatFee.com, LLC.