4404 229th Place SW, Mountlake Terrace, WA 98043 (MLS # 2508899)
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Listing provided courtesy of Northwest MLS; Shiloh Street
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Turnkey investment opportunity in a convenient Mountlake Terrace location! This 3-bedroom, 1.5-bath rambler is currently tenant-occupied with a lease in place through 4/1/2027 at $2,210 per month, providing immediate and stable rental income. Situated on a 7,841 sq ft lot, the property offers a functional single-level layout and is in livable condition with excellent potential for future updates and value-add. Interior features include forced air heating and a practical floor plan, while the exterior offers a fully fenced backyard, concrete patio, and plenty of usable outdoor space for added tenant appeal. Ideally located near shopping, dining, parks, and everyday amenities, with convenient access to I-5 and the Mountlake Terrace Transit Center and light rail for easy commuting. Whether you're looking to expand your rental portfolio or secure a long-term hold with upside potential, this property presents a strong opportunity in a growing and well-connected area.
| LAST UPDATED | 4/16/2026 | TRACT | Mountlake Terrace |
|---|---|---|---|
| YEAR BUILT | 1962 | COMMUNITY | Mountlake Terrace |
| COUNTY | Snohomish | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer, Water Heater |
| AREA | 730 - Southwest Snohomish |
| BASEMENT | None |
| CONSTRUCTION | Wood Siding |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Bath Off Primary, Water Heater |
| LOT | 7841 sq ft |
| LOT DESCRIPTION | Curbs, Sidewalk |
| MLS STATUS | Active |
| PARKING | Driveway, Off Street |
| STORIES | 1 |
| STYLE | 10 - 1 Story |
| SUBDIVISION | Mountlake Terrace |
| TAXES | 5403.54 |
| UTILITIES | Cable Available, Sewer Connected |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/21/26 12:45 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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