437 Healy Avenue S, North Bend, WA 98045
- $1,375,000
- 3,618
- SqFt
Listing courtesy of COMPASS. Selling Office: John L. Scott, Inc..
- Sold Price
- $1,375,000
- List Price
- $1,375,000
- Status
- SOLD
- MLS#
- 2397398
- Closing Date
- Jul 28, 2025
- Days on Market
- 4
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,618
- Area Total SqFt
- 3618
- Annual Tax Ammount
- 10172
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 8,362
- Sewer
- Sewer Connected
- Offer Review Date
- 2025-07-02
Property Description
A prime 4-plex investment opportunity in the center of charming North Bend! Well cared for and maintained, all four homes are 2x1s. This spacious rental property sits along Snoqualmie river surrounded by parks, across from the new library, a short stroll from the charming community of North Bend, you'll enjoy the area's natural beauty and vibrant atmosphere. This property is ideal for both seasoned investors and those new to real estate, offering great income potential. Ample designated parking, surrounded by trees and greenery. Owner is retiring after 40 years of ownership. No seller financing available.
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Additional Information
- List Date
- 2025-07-24 00:00:00
- Community
- North Bend
- Net Operating Income
- $49,932
- Gross Adjusted Income
- $49,932
- Gross Scheduled Income
- $64,740
- Total Monthly Income
- $5,935
- Insurance Expenses
- $3,540
- Water/Sewer/Garbage Expenses
- $856
- Gross Rent Multiplier
- 21.24
- Total Expenses
- $14,808
- Cap Rate
- 2.75
- Total Number of Units
- 4
- Unit Name
- 437
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1985
- View
- Mountain(s), Territorial
- Roof
- Composition
- Electric Expenses
- 240
- 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
- $5,935
- Gross Scheduled Income
- $64,740
- Gross Adjusted Income
- $49,932
- Tax Year
- 2025
- Insurance Expense
- $3,540
- W/S/G Expenses
- $856
- Total Expenses
- $14,808
- Net Operating Income
- $49,932
- Gross Rent Multiplier
- 21.24
- Cap Rate
- 2.75
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.