4404 229th Place SW, Mountlake Terrace, WA 98043

• 3 beds |
• 2 baths |
• 1,404 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 2:19PM

Listing Office:

Shiloh Street : 425-483-7474

Listing Agent:

Kevin Shaw : 425-483-7474

MLS ID:

2508899

Interior

• General: Bath Off PrimaryWater Heater
• Appliances: DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer
• Basement: None
• Flooring: LaminateVinylCarpet
• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: WoodWood Products
• Parking: DrivewayOff StreetParking spaces: 4

Construction

• Roofing: Composition
• General: OnePoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Edmonds
• County: Snohomish

Lot

• Topography: Level
• Zoning: 00616300001200

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls