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31624 W Rutherford Street, Carnation, WA 98014

Carnation
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: charles burnett
Office: real broker llc.855-450-0442
MLS#:2600805
Source:NWMLS
31624 W Rutherford Street,Carnation, WA 98014
$1,234,900
  • - Beds
  • - Baths
  • 3,936 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,234,900
  • Price per sq. ft.:$313.74

About this home

Rare six-unit apartment building in downtown Carnation with owner financing available! Solid, turnkey investment opportunity offered at approximately a 6% cap rate. Situated on a 15,152 SF corner lot with R-24 zoning and potential for future expansion or redevelopment (buyer to verify). Unit mix includes (3) 2-bedroom and (3) 1-bedroom units. Long-term month-to-month tenants provide flexibility. Current rents well below market, offering significant upside in income and value. Additional current income from common laundry, plus tenant utility reimbursements. Improvements include newer windows, recently replaced upper decks, and a roof with substantial remaining life. Ample parking and convenient access to Redmond, Bellevue, and Microsoft.

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Home facts

  • Year built:1964
  • Subdivision & Development:Carnation
  • Listing ID #:2600805
  • Updated:November 06, 2026 at 12:29 PM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • Living area:3,936 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Torch Down
  • Year built:1964
  • Building area:3,936 sq. ft.
  • Lot area:0.35 Acres
  • Lot Features:Corner
  • Construction Materials:Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,234,900
  • Price per sq. ft.:$313.74
  • Tax amount:$9,192 (2026)

Parking

  • Total parking spaces:12
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 6, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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