Property Details
4404 229th Place SW
Mountlake Terrace, WA 98043
$665,000
Active
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About This Home
Turnkey investment opportunity in a convenient Mountlake Terrace location! This 3-bedroom, 1.5-bath rambler is currently tenant-occupied with a lease in place through 4/1/2027 at $2,210 per month, providing immediate and stable rental income. Situated on a 7,841 sq ft lot, the property offers a functional single-level layout and is in livable condition with excellent potential for future updates and value-add. Interior features include forced air heating and a practical floor plan, while the exterior offers a fully fenced backyard, concrete patio, and plenty of usable outdoor space for added tenant appeal. Ideally located near shopping, dining, parks, and everyday amenities, with convenient access to I-5 and the Mountlake Terrace Transit Center and light rail for easy commuting. Whether you’re looking to expand your rental portfolio or secure a long-term hold with upside potential, this property presents a strong opportunity in a growing and well-connected area.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Snohomish
Neighborhood
Mountlake Terrace
Listed
Apr 16, 2026
Interior Features
Bedrooms
3
Bathrooms
2.0
Half Baths
1
Living Area
1,404 sq ft
Basement
None
Entry Level
Main
Interior Features
Bath Off Primary, Water Heater
Exterior & Lot
Lot Size
0.18 sqft
Year Built
1962
Exterior Materials
Wood
Parking
Driveway, Off Street
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Sidewalk
Exterior Features
Wood, Wood Products
Location
City
Mountlake Terrace
County
Snohomish
Coordinates
47.79029, -122.29280
Schools
School District
Edmonds
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Additional Information
Tax Year
2026
Annual Taxes
$5,404
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your Eligibility