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JRJeff ReynoldsCompass · Seattle

Listed by Melanie Maddy, NextHome PNW Realty

3,248
Square feet
$429
Per sq ft
Multi Family
Type
1967
Year built
10,019 sq ft
Lot
44
Days on market

About this property

Investor Opportunity! Existing income-producing fourplex located in Arlington’s OTBD-3, Old Town Business district. Current zoning permits multifamily apartments, townhouses, rowhouses and mixed-use development, subject to City approval and applicable parking, access, utility and development standards. Approximately 10,019-square-foot lot with eight existing parking spaces and additional site area offering potential for expansion or future redevelopment. Buyer to verify all development possibilities with the City of Arlington.

Location & commute

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Directions

Property details

Listing details

Listing number
#2553843
Listed
July 23, 2026
Days on market
44
Price per sq ft
$429

Unit & building

Stories in building
2
Units in building
4

Parking

Total spaces
8

Views

View
Territorial

Construction

Year built
1967
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
VinylCarpet

Lot

Lot features
AlleyCurbsPavedSidewalk
Lot size
10,019 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Arlington
Sewer
City of Arlington
Power
PUD

Schools

District
Arlington
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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  • Territorial
  • Quadruplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Vinyl
  • Carpet
  • Alley
  • Curbs
  • Paved
  • Sidewalk

Listing history

  1. Listed

    $1,395,000

    July 23, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$8,124

Principal & interest
$7,054
Property tax (est.)
$1,070

Assumes $279,000 down (20%), a $1,116,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of September 6, 2026 at 11:00 AM PDT. 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.