Real Estate Investing in Mountlake Terrace, Washington

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 21,417 • Snohomish County

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Should you buy in Mountlake Terrace, WA? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (50/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Mountlake Terrace, WA?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.3% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $678,693
Avg Monthly Rent $2,109
ZIP Codes 1

Investing in Mountlake Terrace Real Estate

Across Mountlake Terrace's 1 ZIPs, the picture is muted: $679K median values, $2,109/mo rents, and a population that has faced real economic pressure.

Across Mountlake Terrace's 1 ZIPs, fundamentals run lackluster: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

The $2,109/mo / $679K relationship in Mountlake Terrace looks lackluster once vacancy and capex are incorporated into underwriting. seems to the realized yield tends to disappoint.

The 0% renter share in Mountlake Terrace masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Seattle-Tacoma-Bellevue, WA

Mountlake Terrace is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Snohomish County

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inTrust Property Management offers HOA Management Services in King & Snohomish Counties. summary from their website

HOA
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Haven Property Management is a full-service residential management company based in Federal Way, WA, covering the Greater Puget Sound area. summary from their website

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Navigate Community Management provides community management services. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$678,693
Avg Monthly Rent
$2,109
1% Rule
✗ Below
Landlord Friendly (WA)

ZIP Codes in Mountlake Terrace, WA

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Filter Mountlake Terrace’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Mountlake Terrace, WA

Is Mountlake Terrace, WA a good place for real estate investing?

The 3.0/5 investability rating in Mountlake Terrace, WA reflects its $679K prices and $2,109/mo rents. Investors generally consider it a solid option within WA.

What type of investing works in Mountlake Terrace, WA?

In Mountlake Terrace, WA the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $679K prices and $2,109/mo rents suits that approach.

How quickly do rentals get leased in Mountlake Terrace, WA?

Vacancy in Mountlake Terrace, WA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,109/mo.

Where do home prices stand in Mountlake Terrace, WA?

Typical homes in Mountlake Terrace, WA go for around $679K. The 5-year CAGR of 0.0% predictable price movement.

What is the typical renter like in Mountlake Terrace, WA?

Tenant demand in Mountlake Terrace, WA is solid. The local workforce $2,109/mo rents across most rental classes.

Community Ratings

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