Prepared by https://www.commercialmls.com
429 1st Ave N Algona WA 98001
Listing #: 674332 | Status: Available | Last Modified: 4/17/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 61,200 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 17,628 |
| Net Operating Income | 43,572 |
| CAP Rate | 3.63 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 3.631 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 4 |
| # of Elevators | 0 |
| Total Building SF | 3,512 SF |
| Net Rentable Area | 3,512 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 12,632 SF |
| Acres | 0.29 |
| Year Built | 1981 |
| Construction Type | Framed, Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | King |
| Market Area | Algona/Pacific |
| Tax ID # | 3356405680 |
| Zoning | C-1 |
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.
429 1st Avenue N
429 1st Ave N Algona WA 98001
Listing #: 674332 | Status: Available | Listing Date: 11/21/2023 | Last Modified: 4/17/2026 | Email Listing
