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Listing Firm: RE/MAX Metro Realty, Inc.: Rob Brodie

Bought With: COMPASS : Lisa Lam

SOLD On July 23, 2021
NWMLS # 1796031

$1,000,000

  • Sold Price
  • - Beds
  • - Baths
  • 3464 Sq.ft.

38874 SE Newton Street , Snoqualmie, WA 98065

Listings with the three tree icon are courtesy of NWMLS

About This Property

Attention investors: fully-tenanted fourplex in downtown Snoqualmie with actual (not forecast) 5.77 CAP rate, half a block from riverside park and play areas, two blocks from quaint, historic downtown, and close to area schools. Over $95,000 spent in 2009/2010 in conjunction with FEMA to lift the building 9 feet, so no more risk of interior damage from flooding. Seller procured inspection available upon request, completed in early 2021 and completed punch-list of exterior maintenance. Fresh exterior paint. Possibility to increase some rents to market rate and gain an even better CAP rate. Professional management available to new buyer at same rate. Don't miss this opportunity to own in a fast-growing East County community!

Buyer's Agent: Lisa Lam • COMPASS

Listed by: Rob Brodie • RE/MAX Metro Realty, Inc.

Aris360 Last Checked: 17 Minutes Ago (Jul 18, 2025 05:54 PM)

  • Source: NWMLS as Distributed by MLS Grid #1796031

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Newton
  • Zip/Postal Code: 98065
  • City: Snoqualmie

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$3,847 per month
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Property Features

  • County
    • Snoqualmie
  • Community
    • 540 - East of Lake Sammamish
  • MLS Area
    • 540 - East of Lake Sammamish
  • Longitude
    • -121.822145
  • Latitude
    • 47.526073
  • Directions
    • From SR 202 in downtown Snoqualmie turn onto SE Newton St toward Snoqualmie River, property just after corner of Falls Ave SE and Newton, on left.

  • Interior
    • Ceramic Tile
    • Wall to Wall Carpet
  • Floors
    • Ceramic Tile
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 4
  • Lot Description
    • Alley,
    • Corner Lot,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • See Remarks,
  • Elevation
    • Feet
  • Water Source
    • Community,
  • Exterior
    • Wood
  • Site Description
    • Cable TV,Deck,High Speed Internet
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • Snoqualmie
  • Building Total Area (Sq. Ft.)
    • 7200
  • Utilities
    • Cable Connected,
    • High Speed Internet,
    • Sewer Connected,
    • Electric,

  • High School District
    • Snoqualmie Valley

  • Possession
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Condominium,
  • Tax Amount
    • $9109
  • Year Built
    • 1976
  • Effective Year Built
    • 1976
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Fri Jul 18 2025 . 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.

Jul 18, 2025 05:54 PM