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116 4th Avenue S, 
Algona, WA 98001

$899,950


Bed


Bath


2,570

Sq Ft


Multi-Family

Pending

Listed by

Denis Karnafel

John L. Scott, Inc

Last updated:

November 15, 2025, 09:25 AM

MLS#

2427976

Source:

NWMLS

About This Home

116 4th Avenue S

Cash-flow from day one with this rare investment opportunity. Built in 2022, this property is low-maintenance for years to come. This home offers three distinct spaces: a main house, a fully furnished studio unit, and a versatile shop. The main house spans 2,200 square feet and features 4 bedrooms, 2.5 bathrooms and a 2-car garage. The separate studio unit is complete with its own entrance, kitchen, bathroom and laundry. Heated high-ceiling RV garage/shop spans 728 square feet, currently rented for storage. Whether you choose to rent the whole property, live in one space and rent the others, or enjoy the entire property yourself, the possibilities are endless. Solid rental history — take advantage of the best opportunity on the market!

Home Facts

Multi-Family

Built in 2022

Price Summary

899,950

$350 per Sq. Ft.

MLS #:

2427976

Last Updated:

November 15, 2025, 09:25 AM


Rooms & Interior

Interior

Living Area:

2,570 Sq. Ft.


Structure

Structure

Building Area:

2,570 Sq. Ft.

Year Built:

2022


Lot

Lot Size (Sq. Ft):

8,110


Finances & Disclosures

Finances

Price:

$899,950

Price per Sq. Ft:

$350 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 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. 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 © 2025 MLS GRID. All Rights Reserved.

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