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Listing provided courtesy of Windermere Northwest LivingNWMLSMLS# NWM2477548MLS Provider
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Fantastic Investment Opportunity! This 4-Plex will make the perfect addition to your property portfolio! The property maintains a 7.5 CAP rate and has excellent cash flow. All units are currently rented, with a strong long-term tenant history. All units are well-maintained and in great shape! All units have 2 bedrooms, 1 bath, as well as a dedicated storage unit and covered parking space. The complex has a huge balcony, and the laundry room has a new electrical panel and a dedicated hot water tank. The coin-operated laundry produces additional income! Don't miss out on your chance to obtain this wonderful asset!

Source: NWMLS, MLS#: NWM2477548

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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  • Median Age
    40
  • Population Density
    185
  • College Educated
    29%
  • Estimated Median Income
    $59,058
  • Estimated Total Home Owners
    6,916
  • Estimated Total Renters
    3,075
  • Owner / Renter Divide
    69% / 31%
  • Estimated Average Household Size
    3
  • Total Population
    25,366
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 504 N 7th Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/15/2026Source: NWMLS Price Reduction
$710,000 -1.4%
6/15/2026Source: Regional MLS Price Reduction
$710,000 -1.4%
5/15/2026Source: NWMLS Status Change
Active
5/15/2026Source: Regional MLS Status Change
Active
5/8/2026Source: Regional MLS Status Change
Pending
5/7/2026Source: NWMLS Status Change
Pending
4/13/2026Source: NWMLS Price Reduction
$720,000 -0.7%
4/13/2026Source: Regional MLS Price Reduction
$720,000 -0.7%
2/12/2026Source: NWMLS Added to Database
February 12, 2026
2/12/2026Source: Regional MLS Added to Database
February 12, 2026
3/10/2025Source: NWMLS Status Change
Sold
2/19/2025Source: NWMLS Status Change
Pending
2/6/2025Source: NWMLS Status Change
Pending Inspection
12/22/2024Source: NWMLS Price Reduction
$630,000 -1.5%
10/18/2024Source: NWMLS Added to Database
October 18, 2024