A rare investment opportunity on South Whidbey--this fully occupied 4-plex offers immediate cash flow and long-term upside in one of the areas most convenient locations. Just minutes from the Clinton Ferry and steps from the bus line, the property attracts commuters and locals alike, keeping demand strong year-round. All four units are leased to reliable tenants and professionally managed by Windermere Property Management (management fees not included in current expenses). Rents are currently below market, leaving meaningful room for growth as a new owner brings units to market rate over time. Set on a generous 1.15 acres, the property offers ample parking and yard space for tenants to enjoy. The large grassy area adjacent to the parking serves as the drainfield, with additional offsite drainfield capacity supporting the commercial building across the street. Whether you're expanding a portfolio or stepping into your first multi-family investment, this is a turnkey property with stable income, built-in upside, and a location that consistently performs.
Experience the perfect balance of Pacific Northwest serenity and commuter convenience. Located just 2 miles from the Clinton Ferry, this meticulously maintained two-story duplex sits on a sprawling 1.4-acre lot, offering rare privacy and room to breathe. Both units feature a functional, mirror-image layout including 2 spacious bedrooms and 1.5 baths. Residents will enjoy the convenience of an attached 1-car garage with washer/dryer hookups and a private deck off the kitchen—ideal for taking in the quiet wooded surroundings. Recent updates provide immediate peace of mind and value, including New Roof, Fresh Exterior Paint. This property is a commuter’s dream. Situated near Campbell Road and SR-525, you are steps from the island’s free bus service. With free walk-on ferry access at the Clinton dock, an effortless, low-cost commute to Mukilteo and Boeing is a reality. Whether you choose to live in one side and let the other pay your mortgage, or lease both units for a high-yield portfolio addition, this is a versatile and "turn-key" ready opportunity. Opportunities for multi-family properties on acreage this close to the ferry are few and far between.
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Clinton is located in Washington. Clinton, Washington has a population of 1,033. Clinton is more family-centric than the surrounding county with 28.36% of the households containing married families with children. The county average for households married with children is 26.09%.
The median household income in Clinton, Washington is $65,714. The median household income for the surrounding county is $75,628 compared to the national median of $69,021. The median age of people living in Clinton is 50.3 years.
The average high temperature in July is 73.6 degrees, with an average low temperature in January of 35.4 degrees. The average rainfall is approximately 34.7 inches per year, with 1.7 inches of snow per year.