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4 Beds
2 Baths
3,087 sqft

$839,000

5302 212 STREET SW, MOUNTLAKE TERRACE WA, 98043

Price per sqft$271.78
Built in1937
Property size3,087 sqft
Property typeResidential

Overview

Active

Listed Jul 12, 2025

Updated Aug 27

Many options with owner-occupied investment. 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.

$5,582/mo

Est. mortgage payment based on a $839,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2403680
Available since
July 12, 2025

Interior Features

Bedrooms
4
Bathrooms
2
Basement
No

Other Property Details

Taxes
$6,031
Tax Frequency
Annually

 

Courtesy of Ben Snyder

Based on information from DASH - Coldwell Banker (CB) as of 8/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 9:58 PM UTC, 8/27/2026

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