418 Stow Avenue S, North Bend, WA 98045

$1,155,000
2,540
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of John L. Scott, Inc.. Selling Office: Windermere Real Estate/East.

Sold Price
$1,155,000
List Price
$1,195,000
Status
SOLD
MLS#
2380601
Closing Date
Jul 02, 2025
Days on Market
30
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
2,540
Area Total SqFt
2540
Annual Tax Ammount
9000
Internet Provider
Comcast
Lot Size (sq ft)
11,664
Sewer
Sewer Connected

Property Description

Prime location in the heart of downtown North Bend! Easy access to I-90 for quick commute to greater Eastside and Seattle This updated, turnkey tri-plex has great curb appeal, landscaped yard & views of Mt Si and Rattlesnake Ridge. Units 2 & 3 have updated kitchens, baths, lighting, interior paint & flooring and both have decks w/views. Exterior painted approx.5 years ago, roof has been replaced, recent crawl space remediation & new hot water heaters. Coin-op laundry facilities and all units have storage closets next to covered parking. Two additional parking spaces on property & ample street parking. Complex is close to Si View Park, and all downtown shopping & restaurants.

Additional Information

List Date
2025-06-02 00:00:00
Community
Downtown - North Bend
Net Operating Income
$18,060
Gross Adjusted Income
$40,440
Gross Scheduled Income
$65,640
Total Monthly Income
$3,430
Insurance Expenses
$4,080
Water/Sewer/Garbage Expenses
$7,920
Gross Rent Multiplier
33.08
Total Expenses
$22,380
Cap Rate
3.89
Vacancy Rate
33
Total Number of Units
3
Unit Name
418
Potential Terms
Cash Out, Conventional, FHA
Year Built
1984
Roof
Composition
Site Features
Cable TV, Deck, Patio
Electric Expenses
480
Other Expenses
900
Energy Source
Electric
School District
Snoqualmie Valley
Elementary School
North Bend Elem
Middle School
Twin Falls Mid
High School
Mount Si High
Total Monthly Income
$3,430
Gross Scheduled Income
$65,640
Vacancy Rate
33
Gross Adjusted Income
$40,440
Tax Year
2025
Insurance Expense
$4,080
W/S/G Expenses
$7,920
Total Expenses
$22,380
Net Operating Income
$18,060
Gross Rent Multiplier
33.08
Cap Rate
3.89
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks