116 19th Avenue, Milton, WA 98354
- $775,000
- 2,692
- SqFt
Listing courtesy of Keller Williams Realty PS.
- List Price
- $775,000
- Status
- ACTIVE
- MLS#
- 2569940
- Days on Market
- 1
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,692
- Area Total SqFt
- 2692
- Annual Tax Ammount
- 7732
- Lot Size (sq ft)
- 16,314
- Sewer
- Sewer Connected
Property Description
Tucked away on a private road in a residential neighborhood, this townhouse-style duplex offers something you don’t always find with an investment property; space, privacy and flexibility. Each spacious unit features 3 bedrooms, 3 bathrooms and plenty of parking, creating options for an investor, owner-occupant or multigenerational living. Side A was updated in 2025, while Side B was updated approximately 7 years ago, providing strong rental income today with additional opportunity to add value over time. A new roof and gutters were installed in 2025, taking care of two important big-ticket items. Both tenants are currently month-to-month, giving the next owner added flexibility. (Photos have been edited to remove tenants personal items). For investors, the numbers are worth a look with a current 7.09% cap rate and potential for future upside. The seller also previously explored adding a DADU and completed some preliminary legwork, giving a future owner a head start should they choose to investigate that possibility further. Located within the Fife School District and close to Triangle Park, the Milton Interurban Trail, shopping, dining and major commuter routes, this property combines a residential setting with convenient access to everything you need.
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Additional Information
- List Date
- 2026-08-20 20:39:15
- Community
- Milton
- Net Operating Income
- $54,970
- Gross Adjusted Income
- $69,000
- Gross Scheduled Income
- $69,000
- Total Monthly Income
- $5,750
- Insurance Expenses
- $1,905
- Water/Sewer/Garbage Expenses
- $2,400
- Gross Rent Multiplier
- 11.23
- Total Expenses
- $14,037
- Cap Rate
- 7.09
- Total Number of Units
- 2
- Unit Name
- 116
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 2005
- Roof
- Composition
- Site Features
- Patio, RV Parking
- Other Expenses
- 2000
- Energy Source
- Electric
- School District
- Fife
- Elementary School
- Buyer To Verify
- Middle School
- Surprise Lake Mid
- High School
- Fife High
- Total Monthly Income
- $5,750
- Gross Scheduled Income
- $69,000
- Gross Adjusted Income
- $69,000
- Tax Year
- 2026
- Insurance Expense
- $1,905
- W/S/G Expenses
- $2,400
- Total Expenses
- $14,037
- Net Operating Income
- $54,970
- Gross Rent Multiplier
- 11.23
- Cap Rate
- 7.09
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.