429 1st Avenue N Algona, WA $ 995,000
429 1st Avenue N
$ 995,000
Recently Listed
Share Save

429 1st Avenue N

Algona, WA, 98001
$ 995,000
Bedrooms8 Baths4.0 Sq 3,008

Monthly Estimate*

$ 6,872

Listed by Tom O'Brien, Pacific Residential Brokers, 253-988-0080, tom@paccombrokers.com
429 1st Avenue N, Algona, WA 98001 - Image 1
429 1st Avenue N, Algona, WA 98001 - Image 2
429 1st Avenue N, Algona, WA 98001 - Image 3
429 1st Avenue N, Algona, WA 98001 - Image 4
429 1st Avenue N, Algona, WA 98001 - Image 5
429 1st Avenue N, Algona, WA 98001 - Image 6
429 1st Avenue N, Algona, WA 98001 - Image 7
429 1st Avenue N, Algona, WA 98001 - Image 8
429 1st Avenue N, Algona, WA 98001 - Image 9

Multi-Family Home for sale in Algona, WA

for $995,000 with 8 bedrooms and 4 full baths. This 3,008 square foot home was built in 1981 on a lot size of 0.292.

Well-Maintained Algona 4-Plex with Rental Upside Excellent investment opportunity in a convenient Algona location! This well-maintained 4-plex features four 2-bedroom, 1-bath units, each approximately 750 square feet, situated on a generous 12,700-square-foot lot with ample parking. Each unit includes a dishwasher and washer/dryer hookups. Conveniently located near Highway 167, shopping, dining, and area amenities. Current rents are below market, providing an opportunity to increase rental income and enhance investment returns.

See more

Multi-Family Active

Price

$ 995,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,720

Style

4-Plex

Lot Size

0.292

Year Built

1981

Town/City

Algona

County/Region

King

MLS | Web ID

2595521

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1981
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 48318
Insurance Expense 3000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Algona
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions WA 167 S towards Kent/Auburn to 15th St SW Exit to West Valley HWY S then left on 1st Ave N to property on the left.
City Algona
Senior Community Y/N N
High School District Auburn
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 310 - Auburn
Lot Size Units Square Feet
Lot Size Square Feet 12720
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 7720
Electric Expense 0
Fuel Expense 0
Property Condition Average
Public Remarks Well-Maintained Algona 4-Plex with Rental Upside Excellent investment opportunity in a convenient Algona location! This well-maintained 4-plex features four 2-bedroom 1-bath units each approximately
Leasable Area 3000
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 10800
Property Style 54 - 4-Plex
Cap Rate 4.85
See more
Exterior
Exterior Amenities Wood Products
Lot Features Sidewalk
Total Parking 6
Foundation Details Poured Concrete Slab
Building Area Total 3008
Lot Size Acres 0.292
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet Outbuildings
Parking Uncovered Total 6
Lot Number 9-12
See more
Interior
Flooring Ceramic Tile Engineered Hardwood Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
See more
Internal Only
OriginalMLSID NWM2595521
Street Number 1 429
See more
* Excluded Features
List By
Tom O'Brien

Listing Agent

Pacific Residential Brokers

Broker

tom@paccombrokers.com

Email

Affordability Calculator

$7,516
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,872
Monthly Property Taxes
$643
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
257071 Elementary School
258444 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$995,000 Listed Price

Map


See all

429 1st Avenue N, Algona, WA, 98001 is a Multi-Family Home for sale at $995,000 with 3,008 sqft and a lot size of 0.292. 429 1st Avenue N has 8 bedrooms, 4.0 baths, and was built in 1981. The property's zip code is 98001 which is in Algona, WA