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Listing provided courtesy of Coldwell Banker BainMLS# 390592208MLS ProviderContact Information: 360-892-7325
  • 305 days on site
  • 7 views

TURN-KEY APARTMENT INVESTMENT PROPERTY with professional property management and tenants in place. Eight Unit Apartment includes SIX 2 bedroom & 1 bath units, ONE 1 bedroom one bath unit, and ONE studio unit. Open kitchen with renovated fixtures, paint, floorings and all units have new Heat/AC mini-split systems. Property is 100% rented after 2 years of renovations and stabilization. ??Property is conditionally underwritten for a 30 Year - 70% LTV loan and or OWNER FINANCING with LOW RATE. Excellent 1031 Exchange opportunity!

Source: Regional MLS, MLS#: 390592208

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  • Property Type
    Residential Income
  • Lot
    0.62 acres

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  • Median Age
    36
  • Population Density
    3,189
  • College Educated
    48%
  • Estimated Median Income
    $52,403
  • Estimated Total Home Owners
    2,360
  • Estimated Total Renters
    1,505
  • Owner / Renter Divide
    61% / 39%
  • Estimated Average Household Size
    2
  • Total Population
    9,739
  • 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 204 SE 12TH ST

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
11/25/2025Source: Regional MLS Price Reduction
$995,000 -5.2%
10/1/2025Source: Regional MLS Price Reduction
$1,050,000 -8.7%
8/28/2025Source: Regional MLS Added to Database
August 28, 2025
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
June 01, 2021