22615 W 44th Ave, Mountlake Terrace, WA 98043
- $1,320,000
- 3,292
- SqFt
Listing courtesy of CENTURY 21 North Homes Realty.
- List Price
- $1,320,000
- Status
- ACTIVE
- MLS#
- 2527080
- Days on Market
- 49
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 3,292
- Area Total SqFt
- 3292
- Annual Tax Ammount
- 9105.65
- Lot Size (sq ft)
- 16,117
- Sewer
- Sewer Connected
Property Description
Gorgeous Duplex in Mountlake Terrace! Nestled behind a large driveway lined with mature evergreens, this spacious duplex offers privacy, comfort, and incredible investment potential. Featuring two mirror-image units — Unit A and Unit B — this property includes a total of 6 bedrooms (3 per unit) and 6 bathrooms (2.5 per unit). Unit A has been thoughtfully updated with new flooring installed in 2025, brand-new upstairs carpet, and freshly painted walls, creating a clean and modern feel throughout. Unit B features LVP flooring in great condition, upstairs carpeting, and a kitchen enhanced with additional floor-to-ceiling cabinetry for extra storage and functionality. Enjoy outdoor living with Unit B’s fully private covered backyard porch complete with a hot tub, plus two storage sheds perfect for gardening tools and outdoor equipment. Unit B also includes a refrigerator, washer, dryer, stove, and dishwasher. Excellent opportunity for owner occupancy with Unit B available for living space while generating rental income from the tenant-occupied Unit A. This versatile property combines comfort, convenience, and strong income potential in a desirable Mountlake Terrace location. Unit B includeds HOT TUB on covered backyard porch, refigerator, washer, dryer, stove and dishwasher. Legal description: SECTION 27 TOWNSHIP 27 RANGE 04 QUARTER SW - N 82.5FT OF W 226FT OF S 165FT OF N 4 AC OF SW1/4 SW1/4 SW1/4 EXC W 30FT AKA PAR A OF CITY OF MLT BLA REC AFN 200205205001
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Additional Information
- List Date
- 2026-06-07 21:22:13
- Community
- Mountlake Terrace
- Net Operating Income
- $18,569
- Gross Adjusted Income
- $39,000
- Gross Scheduled Income
- $39,480
- Total Monthly Income
- $3,290
- Insurance Expenses
- $2,085
- Water/Sewer/Garbage Expenses
- $3,910
- Gross Rent Multiplier
- 21
- Total Expenses
- $20,430
- Cap Rate
- 2.23
- Total Number of Units
- 2
- Unit Name
- 22615
- Potential Terms
- Assumable, Cash, Conventional, FHA
- Year Built
- 2003
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully, High Speed Internet, Hot Tub/Spa, Patio, Sprinkler System
- Electric Expenses
- 2636
- Energy Source
- Electric, Natural Gas
- School District
- Edmonds
- High School
- Mountlake Terrace Hi
- Total Monthly Income
- $3,290
- Gross Scheduled Income
- $39,480
- Gross Adjusted Income
- $39,000
- Tax Year
- 2026
- Insurance Expense
- $2,085
- W/S/G Expenses
- $3,910
- Total Expenses
- $20,430
- Net Operating Income
- $18,569
- Gross Rent Multiplier
- 21
- Cap Rate
- 2.23
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.