250 15th Street, Blaine, WA 98230

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing Broker: HomeSmart One Realty; Dawn Rood; ; Selling Office: eXp Realty.

Sold Price
$900,000
List Price
$959,000
Status
SOLD
MLS#
2443607
Closing Date
Nov 24, 2025
Days on Market
6
Style
54 - 4-Plex
Finished SqFt
3,896
Area Total SqFt
3896
Annual Tax Ammount
6368
Lot Size (sq ft)
16,117
Sewer
STEP Sewer

Property Description

Attention Investors! New to the market 4-plex in an established neighborhood in Blaine. Each unit features 2 bedrooms, 1.75 baths in an open concept kitchen, dining and living room with cozy gas fireplace. Top two units boast balconies while the lower units enjoy a patio and small yard with western exposure. Each unit has two assigned parking spaces, one under the carport and the other uncovered; as well as individual additional storage units in the carport. This 4-plex is close to schools, parks, downtown Blaine and the Canadian Border. 3 of the 4 units are occupied long-term renters.

Additional Information

List Date
2025-11-18 00:00:00
Community
Blaine
Net Operating Income
$62,348
Gross Adjusted Income
$77,160
Gross Scheduled Income
$77,160
Total Monthly Income
$6,430
Insurance Expenses
$1,724
Water/Sewer/Garbage Expenses
$6,720
Gross Rent Multiplier
12.43
Total Expenses
$14,812
Cap Rate
6.5
Total Number of Units
4
Unit Name
250
Potential Terms
Cash Out, Conventional
Year Built
2004
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, Outbuildings, Patio, Propane
Energy Source
Electric, Propane
School District
Blaine
Total Monthly Income
$6,430
Gross Scheduled Income
$77,160
Gross Adjusted Income
$77,160
Tax Year
2025
Insurance Expense
$1,724
W/S/G Expenses
$6,720
Total Expenses
$14,812
Net Operating Income
$62,348
Gross Rent Multiplier
12.43
Cap Rate
6.5
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks