429 1st Ave N
Algona WA 98001
429 1st Avenue N
429 1st Ave N Algona WA 98001
Listing #: 674332 | Status: Available | Last Modified: 4/17/2026 |
For Sale
- Phone:(425) 531-4109
- Email:andrew@paccombrokers.com
- Office Name:Pacific Commercial Brokers
- Office Phone:(253) 507-5442
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,200,000.0
- $/SF$ 341.7
- $/Unit$ 1,200,000.0
- Listing StatusAvailable
- Days on Market895
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income61,200
- Vacancy Factor %0.00%
- Operating Expenses17,628
- Net Operating Income43,572
- CAP Rate 3.63 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 3.63 %
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units4
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF3512
- Net Rentable Area3512
- Total Office SF
- Largest Contiguous SF
- Lot SF12632
- Acres0.29
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaAlgona/Pacific
- Tax ID #3356405680
- Additional Parcels
- ZoningC-1
- Year Built1981
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeFramed, Wood
429 1st Ave N
Fully Rented and well maintained. Close to Boeing. Property is situated on a large lot with lots of parking and easy access to I-167. The individual 2 Bedroom 1 Bath units are good size with updated carpeting, appliances, and vinyl windows and flooring in most of the units. Washer/Dryer hook ups in each unit and large deck areas. Call agent for access information.
