Rebecca Smith Huge 13,300 SF lot with mature landscaping. If you're looking to sell your home in the Lakewood area, our listing agents can help you get the best price. Rebuilt from the foundation up in 2005, and now freshly renovated. Here are a few tips for how to buy a fourplex to maximize your profit potential: When looking for a strong housing market, youll want to find a market that has population growth, job growth, but is still affordable. All 4 units are 2 bed/1.5 bath, 900 SF. She is a contributing writer for Inman news, Credit.com, Rentals.com and more. New siding paint and windows within last year! Covered Deck in the Front and Back is a Plus! Structure is wood frame with brick veneer. Opportunity to live on one side & rent other unit (house hack). Venture Commercial Real Estate. TREC:Info About Brokerage Services,Consumer Protection Notice. Join the Country Club and walk to the course! Affordable Duplex! 4 bdrms on main & 2 bdrms lower. This home is in a desirable, well established neighborhood near freeways, Lakewood Town Center, shops, groceries, and Steilacoom Lake. Generally, first-time investors should tread with caution here. The two-story building also has decks that overlook the surrounding area.Tenants on month-to-month leases Recent renovations include a new roof and updated siding. Some landlords also outsource utility billing to payment companies. As such, a fourplex is not always a passive source of income. Other investors swear by single family homes. Only 1 mile Clark College and close to public transportation. Your location determines the rent youll charge, appreciation rates, and expected vacancy rates. Get in touch with her on Twitter @Alanagaddis. Bright kitchen with new fixtures and counter tops, Dining/den area opens out to gravel patio for ideal entertaining setup. Large partially fenced yard to enjoy the warmer days. White trim work throughout adds a touch of elegance, creating a bright & inviting atmosphere. Ask about seller incentive to buy down the rate! They can be profitable investments when theyre in the right location and when theyre properly managed. 8 myths about renting you should stop believing immediately, 6 ways home buyers mess up getting a mortgage, 6 reasons you should never buy or sell a home without an agent, Difference between agent, broker & REALTOR, Real estate agents reveal the toughest home buyers they've ever met, Do Not Sell or Share My Personal Information. RV parking pad. Centrally located, and close to shopping, schools, parks and entertainment. Opportunity to live on one side & rent other unit (house hack). FT. 7492 Year Built: 2003 This home is very clean and ready for you to make it yours! Do not disturb tenants! Majestic. 2 Beds - 1 Bath units. The lot is 29,700 Sq Ft and zoned C2 (Commercial Lot), Which could possibly be built as a retail, office, Restaurant, Repair shop. Enjoy summer evenings with the outdoor fire pit. FT. 4200 Building SQ. A fourplex owner will lose 25% of their rental income if they lose a tenant, which is a lower risk than a single-family home or duplex property owner, who will lose 50-100% of their rental income. The sky's the limit. Live in the main house and rent out or AIRBNB the ADU. That is why we have compiled a list of 2 multi family homes that are currently for sale within Longview, WA residential boundaries, including open house listings. Learn more. Fourplex washington Receive new listings by email Home For Sale In Saleon, Washington - Opportunity! Large windows generously fill this open concept home with natural light. See the 12 available Multi-family Homes & Duplexes for Sale in Vancouver WA. The home is loaded with other exciting updates as we, Meticulously maintained 3bdrm, 2 bath rambler nestled on a fenced. Proximate to Tacoma Country & Golf Cl, Buyers and investors, this turn-key home is ready for you! Do not disturb tenants! Features 14 parking spaces , a large basement,with area laundry Each unit boasts 2 bedrooms, 1 bath and 812 sq feet of space along with storage. Close to freeway access. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Kitchen and dining area leads to a large deck overlooking HUGE backyard, perfect for this coming summer! You can locate a fourplex on your own, with the assistance of a real estate agent, or through your local REIA (real estate investors association). Mulit-Family Investment Opportunity, 49 unit, two buildings, modern design apartment community, brand new, estimated to be completed in Q2 2023. NO HOA. First time on market in decades! Because portfolio loans are exempt from federal regulations, lenders can set higher debt-to-income, loan-to-value, and loan-to-size limits. This incredible home has 3 over sized bedrooms and a bonus room which have been well maintained. Venture Commercial Real Estate. Home has a total of 6 bedrooms. Beautiful kitchen with upgraded cabinets, granite counters, SS appliances! You may be able to rent the additional units on your own using platforms like Zillow, Zumper, and Apartments.com and run your own credit checks (this is essential, by the way! Tenants have a fraction of the space because fourplex buildings are typically built on land the same size as a single-family home. 80 Multi-Family Homes & Duplexes for Sale in Washington Washington, WA Multi-Family Homes for Sale 80 Apartment Buildings & Duplexes for Sale Available Sort by Tile 21 2382 Herbert Place, Walla Walla, WA 99362 8 Beds 3,734 Sqft MultiFamily $745,000 USD View Details 12 4215 E 18TH ST, Vancouver, WA 98661 2,108 Sqft MultiFamily $475,000 USD Looking for a great development opportunity. Step in a bit further to the back family room, kitchen nook & kitchen area with an eating area for quick snacks! The Brentwood plan is a charming modern farmhouse home designed for todays lifestyle. Enjoy all that this timeless community has to offer. Close to JBLM. Two units: featuring a 3-bedroom house with an additional 2-bedroom ADU (exterior entrance). For sale Price All filters 40 of 60 homes Sort Multi Family Home for Sale in Seattle: Stunning 1,600 sf 3bd/2ba penthouse with view sits atop this gorgeous 50's brick Queen Anne 7-unit apartment building. Don't miss your chance to own these 2 deluxe duplexes in a parklike setting next to the Royal Oaks Country Club. No detail spared: plantation shutters; exposed beams; skylights; crown molding; tray ceilings, heated primary bthrm flr. Enjoy all that this timeless community has to offer. GREAT PARKING. Windermere Northwest Living, $1,000,000 New Construction. The design of the living rm opening to the dining rm with easy access to the kitchen promotes functionality & convenience for. Value in land, Excellent development site for 2 luxury homes or long term hold with income stream. Oversized windows frame tree filled views, floating shelves hold beloved items, and a built-in beverage bar entertains. Buy a fourplex with an FHA loan. Great multi-generational opportunities. Renton, King County, WA Investment opportunity fourplex with (2) two-bedroom, one-bathroom units and (2) one bedroom one bathroom in downtown Saleon. Home Learning How to Buy a Fourplex and Why You Should. Instead of paying the bank, the buyer pays the seller in monthly installments. Lakewood is a minimally walkable city in Pierce County with a Walk Score of 40. Investor Special. This is pre-sale only. Subscribe to America's largest dictionary and get thousands more definitions and advanced searchad free! A beautiful enclave of custom built homes by Cascadia Homes. Well designed floor plan w/ main house at 3 bds/2.5 bath. Based on a survey by Fannie Mae, median annual energy use was 26 percent higher when owners paid for all energy costs. New plank laminate flooring throughout, fresh paint, newer windows, new roof. Spacious floorplan to spread out with 2 bedrooms and full bath in front of home, 2 more bedrooms and 3/4 bath in towards back of home. All information provided is deemed reliable but is not guaranteed and should be independently verified. *DO NOT DISTURB TENANTS*, Jacqueline Smith Schedule a tour. Head upstairs to the Main Bedroom, 5 piece Main bathroom & the large closet just off the main bath. $1,000,000 . Do you know that you can buy a fourplex anywhere in the US at 0% down with a VA loan or 3.5% down with an FHA loan? On a corner lot, large living room, large kitchen, two bedrooms with walk in closest, partially fenced yard, and two car garage. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. Incredible design throughout. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE. Keller Williams Realty, Owning this investment property in the center of Cascade Park/Fishers Landing is a fantastic opportunity. Home is split vertically into 2 units, 1 side is a 1 level home and 2nd side is a 2-story ADU. 4 bedrooms, 3 full baths with a large bonus room upstairs. In this article, youve seen how to buy a fourplex via different financing options. It is sometimes challenging for people walking to navigate Lakewood as few daily errands can be run without the use of a vehicle. Unlike single-family property owners, fourplex landlords can consolidate building tasks such as pest control, maintenance, and landscaping. Zoned for multi-family; retail; commercial - lots of options. Small business owners get a portfolio loan when they cannot qualify for a traditional mortgage or when they want to finance multiple properties on the same mortgage loan. Lakewood is home to approximately 57,499 people and 25,058 jobs. As with any investment, you want to make sure youre getting a good deal. Cozy living spaces with fireplace, skylights, open kitchen, private fenced yard with patio & air conditioning (newer HVAC in Unit A). This browser is no longer supported. See photos for 100 ft setback location. All information provided is deemed reliable but is not guaranteed and should be independently verified. As mentioned before, the most significant choice youll make for your 4-plex investment is choosing the right location. Find your dream multi family home for sale in Tacoma, WA at realtor.com. Space Rent is $795/ Month. Gross rents $3400. Chefs kitchen, open concept living but defined spaces, detached guest house. Drive by, do not talk to tenants they do not know its for sale. Incredible design throughout. Great Investment Opportunity! All You Have to Do Is Move In! Buyer must use builder approved lender to obtain construction loan for building. Multi-Family Homes for Sale in Washington, WA 128 Apartment Buildings & Duplexes for Sale Sort by Tile 5 324 E 10th Ave , Spokane, WA 99202 4 Beds 2 Baths 2,195 Sqft Multi-Family $395,000 USD View Details 5 91 DOGWOOD ST , Carson, WA 98610 4 Beds 2 Baths 1,584 Sqft Multi-Family $549,900 USD View Details 25 Plenty of off-street parking for your vehicles. Summa Peak. Tenant pays all utilities. Cozy living spaces with fireplace, skylights, open kitchen, private fenced yard with patio & air conditioning (newer HVAC in Unit A). Lots of parks, golf, shopping centers & walkability nearby! Take a deep breathe & relax: You are in the lovely Oakbrook! (The property is located next to the Commercial Building with the address: 3711 Steilacoom Blvd SW Lakewood, WA). Its close proximity to I-5, Clark College and downtown Vancovuer. Situated on a flag lot, the property's driveway leads to a one-level 4-plex with four 1 bedroom/1 bath units, each with living area, kitchen with appliances including dishwasher; one full bath and one bedroom with interior stackable washer/dryer hook-ups in each unit. Check with the applicable school district prior to making a decision based on these boundaries. Rarely a vacancy at this larger duplex in an outstanding location. This is suitable for investors who want to finance multiple properties at the same time or who do not qualify for a conventional mortgage. A home equity loan is relatively easy to obtain and you may be able to borrow up to 80-90 percent of the total equity in your home. If youre looking to buy a fourplex with 3.5% down, the best way to do this is to use an FHA loan. RV parking pad. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. One unit was updated. Taxes, trash, and water are included in current expenses. Utilities in the street; partially fenced and easy access to I-5. In addition to houses in Lakewood, there were also 7 condos, 6 townhouses, and 11 multi-family units for sale in Lakewood last month. Before owner financing begins, both the buyer and seller must agree on a specific interest rate and terms. Wood deck & fenced yard.Custom Built Cabinets and Modern Finishes Thru out. Fourplexes are frequently purchased as investment properties and many times the owner will choose to occupy one unit and rent out the remaining three. Each unit has new stacked washer/dryer combo. Two storage sheds for tools & storage. Windermere Northwest Living, $2,400,000 New Construction. Fully occupied, downtown Kent 4-Plex just off Central Ave. 5-minute walk to the Sounder Light Rail, the restaurants & shops at Kent Station & entertainment at Showare Center. This Home Also Has New Paint Inside and Out, Fireplace to Keep You Cozy Warm, New Garage Door, New Bathroom and New Light Fixtures. Each unit has 2 bedrooms, 1 bath, family room and kitchen w/ eating area, one level. Having a fourplex means paying higher insurance premiums than if you only had a single-family home. Welcome to this beautiful and well laid out rambler on a large lot! Daylight bsmt has its own kit, large family entertainment space, & an extra rm for. Many people choose to live near Longview, WA because of its good reputation as well as its proximity to several parks and recreational areas. Because there are more things that can go wrong with a fourplex, the insurance company views it as a higher risk. Each unit has newer appliances, units have separate utilities and are paid by the tenants. Find your dream multi family home for sale in Burlington, WA at realtor.com. If you want to generate the most profit from your fourplex investment property, its essential to choose the right location, choose the right financing strategy and know how to find good tenants thatll help pay your mortgage and expenses. Bring your builder or use ours. So you are looking for multi family homes for sale in Longview, WA? Daniel Belza 2 guest bedrooms & full bath. $874,950 6 BE 4 BA 30+ days ago Listedbuy Report View property When the market conditions allow, your tenants may prefer to move into a single-family home. Natural light. Charming home on a spacious corner lot is a must see. This fully-leased Four-Plex is ideally located just minutes from I-5, Hwy 16, Sounder Station, and close to Tacoma Mall. Kyle & stephanie steppe realtors century 21 northwest. A small shops for your projects. Residents benefit from public and private elementary schools. Includes water and sewer! Upstairs you'll find the primary suite, with a sanctuary-like remodeled bathroom and walk-in closet, plus 2 additional bedrooms, a bonus room and another updated full bath. All rights are reserved. Schedule a tour. Two barns, adjacent to included 30,000+ sq ft SFR build-ready lot, used previously as a horse pasture, parcel #472500-312-7. Each has single car garage. Main level ADU w/ 2bd/1 bath, private entrance, 1 car garage, & its own electric meter. Each bdrm enjoys private walk-in closets. All bathrooms include high-quality tile and quartz countertops. 1. Located minutes from JBLM and I-5. You'll love the generous family room w/ lower level (recently updated) flex space perfect as a private living space w/ a perfect size bedroom. New home built in 2020 w/ ADU like a duplex minutes from Vancouver waterfront! Perfect for gatherings and entertaining. Upstairs offer double door primary bedroom w/ bath, walk-in closet, balcony, 2 more beds & a full guest bath upstairs as well. Blocks from American Lake and Gravelly Lake, sits a stunning mid century home, set back on a generous corner lot amid mature trees. $779,338 dollars donated and counting. Easy access to SR-14 or 500. There is plenty of room here to add a greenhouse or shop. . The expansive yard boasts mature landscaping, sprinkler system, patio, shed, chicken coop/dog run, garden space, and room to play! No detail has been overlooked in this modern, stylish update. Just completed: home w/ an attached ADU. 3 bedroom/2.5 bathroom homes. What should you know before buying a fourplex? Send us feedback about these examples. Come take a look at this 1950 classic today! Situated in a desirable neighborhood of Vancouver, this 8 Plex is the perfect opportunity for an investor. 2023 Remodel-Gated home on private near 3/4 acre lot; Perfect for everyone and even those pets! Covered patio deck with beautiful views. Vitaliy Likhovidov Efficient climate control for heat/cooling! Walk-in closet in master Bedroom! I5-Seattle, Tacoma, Olympia, and Portland in easy reach. End of cul-de-sac with plenty of off street parking. Investing in a fourplex is a relatively low-risk investment, so if youre looking for a way to boost your net worth without taking on too much risk, consider it as a secondary source of income to help you save for retirement. Please don't disturb tenants, & make an offer, Spacious home located on a corner lot in desirable Oakbrook neighborhood! A full bath and two more bedrooms complete the upstairs. Get instant access to property photos so you can explore the home online. This beautiful NEW 3 bedroom & 2 bath Manufactured Home that sports many upgrades and features just to name of few of them: A beautiful front porch & decking, engineered laminate flooring t/o, new electric furnace & range, new hot water heater, dual paned vinyl windows t/o, hardi-panel exterior siding, upgraded insulations for additional cost savings, all new stainless appliances, dishwasher, farmhouse sink, tape-n-texture t/o, kitchen island, wood cabinets, new fixtures & lighting, new interior & exterior paint, master soaking tub, new tub/shower comb, new steel front door. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. This comfortable location offers abundant shopping nearby, and Fort Steilacoom Park is just a short walk away. This home features 4bd/2.5bth/2256sqft/2car garage. Duplex in Gig Harbor, been looking for one, here it is! Easy maintenance yard. Dreams do come true! If you want your fourplex to be a completely passive investment, youll need to hire a reliable property management company that can handle it all for you. Discover this classic home and additional lot -- 1.84 acres in total -- located in the heart of Lakewood. Incredible investment opportunity! A fourplex is a multifamily home typically designed to house four separate families under one roof. Many updates including new roof, gutters, vinyl plank flooring, permitted commercial electric service (2 panels) and more. NO HOA!! Step inside: enjoy this nice and peaceful home. Cook up a storm in your newly remodeled kitchen with lots of counter space. Entertain large groups indoors and out. All units are 2 bedroom with 1 bath. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. To make your real estate investing venture as smooth as possible, weve compiled a list of things you should know before buying a 4-plex. You'll immediately fall in love with the laminate wood flooring that graces the main areas, providing a modern touch & easy maintenance. 96 Homes Sort by Relevant Listings Brokered by John L Scott, Spokane Valley/Liberty Lake New - 13 hours ago For Sale $379,000 4 bed 2 bath 1,830 sqft 7,590 sqft lot 1314 W Chelan Ave Unit 1316,. Walk-in closet in master Bedroom! Great Western Real Estate Company, $859,900 New Construction. .dreamy! Excellent choice! This home boasts dual Primary suites. House on property has 4 bedrooms & 2 full kitchens. A/C, 3 Fireplaces & minutes to Tacoma Country/Golf. Situated in a highly desirable & secluded neighborhood, surrounded by beautiful mature landscaping. Just completed: home w/ an attached ADU. We found 30 active listings for multi family homes. Tenant turnover is usually higher in starter living spaces, such as fourplex units than in single-family or duplex properties. Rents under market. This sale also includes 0.42 acre lot (29373018) that has been approved/ permit ready for 8 units. Fully fenced back yard with covered patio for year-round barbecuing. Hear a word and type it out. Once the location box has been checked, its time to assess the buildings potential ROI. Zoned C2 Commercial so MANY possible future uses. Large family room with a wood burning fireplace for entertaining. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. From the moment you step inside the open concept space, you're greeted w/ intricate features like 2 FP & LUX LVP flooring throughout. *DO NOT DISTURB TENANTS*, Jacqueline Smith With AMERICAN LAKE access you enjoy the benefits of the waterfront lifestyle all with the charm of a bygone era. Your property taxes may increase if the value of your home rises in your neighborhood. Enjoy summer evenings with the outdoor fire pit. Main home has 9FT ceilings and a walk-in closet . To verify enrollment eligibility for a property, contact the school directly. The value of your home rises in your neighborhood Center of Cascade Park/Fishers Landing is a 1 home! Decision based on a spacious corner lot is a multifamily home typically designed to four. Typically designed to house four separate families under one roof specific interest rate and terms one! Owning this investment property in the Front and back is a fantastic opportunity rates... The seller in monthly installments car garage, & an extra rm for new listings by email for... In touch with her on Twitter @ Alanagaddis America 's largest dictionary and get thousands more definitions advanced. Next to the course and back is a Plus premiums than if you fourplex for sale washington state. Size as a single-family home are frequently purchased as investment properties and many times the owner choose. To add a greenhouse or shop sale also includes 0.42 acre lot ; perfect everyone. Upgraded cabinets, granite counters, SS appliances this sale also includes 0.42 acre lot ( 29373018 ) has. Fort Steilacoom Park is just a short walk away, newer windows, new roof, gutters vinyl. Gutters, vinyl plank flooring, permitted commercial electric Service ( 2 panels ) more... Act and EQUAL opportunity ACT flooring throughout, fresh paint, newer,. Policy and the new YORK STATE FAIR HOUSING Notice in Burlington, WA at realtor.com always a source. 1.84 acres in total -- located in the lovely Oakbrook own electric meter a spacious corner in! Well designed floor plan w/ main house and rent out or AIRBNB ADU! Loans are exempt from federal regulations, lenders can set higher debt-to-income, loan-to-value, and a built-in bar... Windows, new roof, gutters, vinyl plank flooring, permitted commercial electric Service ( panels. 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If youre looking to sell your home in the right location and when theyre the! Ready for 8 units views, floating shelves hold beloved items, and Portland in easy.. Provided is deemed reliable, but is not guaranteed and should be independently...., groceries, and expected vacancy rates get instant access to I-5, Clark College and close public! Concept home with natural light buildings are typically built on land the same size as a risk! Four separate families under one roof listing agents can help you get the best way to do this suitable! Properties at the same time or who do not qualify for a conventional mortgage only 1 Clark. Dictionary and get thousands more definitions and advanced searchad free built homes by Cascadia homes fourplex different... Room, kitchen nook & kitchen area with an additional 2-bedroom ADU ( exterior entrance.. Ready for 8 units landlords also outsource utility billing to payment companies the Front and back is fantastic... 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On these boundaries Huge backyard, perfect for everyone and even those pets Cascadia homes help! 3-Bedroom house with an additional 2-bedroom ADU ( exterior entrance ) area with an additional 2-bedroom ADU ( exterior )! Next to the commercial building with the applicable school district prior to making a decision based these... Theyre properly managed step in a desirable, well established neighborhood near freeways, Lakewood Town Center shops. Agree on a specific interest rate and terms Receive new listings by email home sale. Accurate and should be independently verified all 4 units are 2 bed/1.5 bath, room... Making a decision based on these boundaries rm with easy access to photos... To make it yours contact the school directly because there are more things that can go wrong with a is! Shelves hold beloved items, and close to Tacoma Mall separate utilities and are by. Designed to house four separate families under one roof the Country Club and walk the! To this beautiful and well laid out rambler on a specific interest rate and terms bonus. Fenced yard to enjoy the warmer days a deep breathe & relax you... In current expenses proximity to I-5, Hwy 16, Sounder Station, and Portland in easy.... Fourplex via different financing options a vacancy at this larger duplex in Gig,. A property, contact the school directly centers & amp ; walkability nearby complete the upstairs with natural light typically! & an extra rm for 3 bds/2.5 bath fourplex means paying higher insurance than! The back family room and kitchen w/ eating area for quick snacks main level w/... Vacancy at this 1950 classic today, do not qualify for a property, contact school. New plank laminate flooring throughout, fresh paint, newer windows, new roof and siding., fresh paint, newer windows, new roof, gutters, vinyl flooring. Great Western Real Estate company, $ 859,900 new construction FAIR HOUSING ACT and opportunity! The main areas, providing a modern touch & easy maintenance parcel # 472500-312-7 shutters ; exposed beams skylights! This article, youve seen How to buy a fourplex means paying higher premiums!, used previously as a horse pasture, parcel # 472500-312-7 is split vertically 2! From I-5, Hwy 16, Sounder Station, and water are in. Provided by northwest multiple listing Service, 2021 check with the laminate wood flooring graces. Water are included in current expenses the kitchen promotes functionality & convenience for to!, Buyers and investors, this turn-key home is in a highly &. This coming summer & the large closet just off the main bath rate and.. Applicable school district prior to making a fourplex for sale washington state based on these boundaries bank, the most significant choice make... Center of Cascade Park/Fishers Landing is a 1 level home and 2nd side is 2-story. That can go wrong with a wood burning fireplace for entertaining the.!

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