214 Mashell Avenue S Eatonville, WA 98328
Listing Courtesy of: Northwest MLS / Windermere Professional Partners / Drew Staudt

  214 Mashell Avenue S Eatonville, WA 98328

Active (30 Days)


This 10-Plex in Eatonville is a value-add opportunity comprised of nine (9) 2-Bdrm Units, one (1) 1-Bdrm Unit, & coin-operated laundry. Currently under-performing w/ a 5.87 cap rate, but will produce a 9.64 cap rate once rented at market rates. Complex has undergone some recent updates: all new windows in 2019 + full & partial unit remodels. Upper units each offer balcony overlooking Mt Rainier & can be accessed via living rm & bdrm. Large parking lot & two (2) other parking areas + on-street parking options. The 2-bdrm units are identical in layout: living/dining/kitchen combo w/ full bath between bdrms. Centrally located w/in the downtown corridor of Eatonville offering proximity to grocery, restaurants & parks. Owner financing considered

MLS #:
Lot Size
0.81 acres
Year Built
10+ Units
City, Territorial, Mountain(s)
School District
Pierce County

Listed By

Drew Staudt, Windermere Professional Partners
Northwest MLS as distributed by MLS Grid
Last checked Apr 13 2024 at 2:38 AM PDT
Bathroom Details
Interior Features
  • Wall to Wall Carpet
  • Ceramic Tile
  • Eatonville
Lot Information
  • Paved
Property Features
  • Deck
  • Foundation: Slab
  • Carpet
  • Vinyl Plank
  • Ceramic Tile
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
  • Energy: Green Efficiency: Thermal Windows
School Information
  • Elementary School: Eatonville Elem
  • Middle School: Eatonville Mid
  • High School: Eatonville High
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
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Disclaimer: Based on information submitted to the MLS GRID as of 2024 4/12/24 19:38. 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.