LISTING DETAILS

429 1st Avenue N

429 1st Ave N Algona WA 98001

Listing #: 674332 | Status: Available | Last Modified: 4/17/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income61,200
Vacancy Factor %0.00%
Operating Expenses17,628
Net Operating Income43,572
CAP Rate3.63 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate3.631
Building Information
Building StatusExisting
# of Buildings1
# of Floors2
# of Units4
# of Elevators0
Total Building SF3,512 SF
Net Rentable Area3,512 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF12,632 SF
Acres0.29
Year Built1981
Construction TypeFramed, Wood
Property Type
Property TypeMulti-Family
InvestmentYes
Location
CountyKing
Market AreaAlgona/Pacific
Tax ID #3356405680
ZoningC-1

429 1st Ave N

Public Comments

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

For Sale

429 1st Avenue N

Listing Images