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Cassidy Thomas

cassidy@1realty.com +1(360) 739-4784

Listed by:COMPASS • Dan Fouts

$925,000

Est. payment - /mo

8 Beds

8 Baths

3,920 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,920 sqft

Price per Sqft $235

Subdivision Clinton

MLS Listing ID 2515447

Style 54 - 4-Plex

Bedrooms 8

Year Built 1994

Annual Tax Amount $4,632

Lot Size 1.150 Acres

Property Sub-Type Multi Family

Property Description

A rare investment opportunity on South Whidbey--this fully occupied 4-plex offers immediate cash flow and long-term upside in one of the areas most convenient locations. Just minutes from the Clinton Ferry and steps from the bus line, the property attracts commuters and locals alike, keeping demand strong year-round. All four units are leased to reliable tenants and professionally managed by Windermere Property Management (management fees not included in current expenses). Rents are currently below market, leaving meaningful room for growth as a new owner brings units to market rate over time. Set on a generous 1.15 acres, the property offers ample parking and yard space for tenants to enjoy. The large grassy area adjacent to the parking serves as the drainfield, with additional offsite drainfield capacity supporting the commercial building across the street. Whether you're expanding a portfolio or stepping into your first multi-family investment, this is a turnkey property with stable income, built-in upside, and a location that consistently performs.

Location

State WA

County Island

Area 811 - South Whidbey Island

Interior

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 4.0

Amenities Available Deck

View Y/N No

Roof Type Composition

Building

Lot Description Paved

Sewer Septic Tank

Water Community

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District South Whidbey Island

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Cassidy Thomas

+1(360) 739-4784

Agent License ID: 132279

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6305 Bob Galbreath RD Clinton, WA 98236

Cassidy Thomas

Key Details

Location

Interior

Exterior

Building

Schools

Others

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