Listed by Kevin Zellmer, Realty One Group Enterprise
- 6,084
- Square feet
- $309
- Per sq ft
- Multi Family
- Type
- 1969
- Year built
- 22,651 sq ft
- Lot
- 123
- Days on market
About this property
NEW RENOVATIONS and at Market Rate Rents after 2 units kitchen remodels, see photos! Current revenues posted & expenses are current Sept 2026. Annual Income $140,820, Expenses: 25,000/year, NOI: $115,820, Cap Rate: 6.1%. Market rate $2300 & 2 of the 6 units have all new kitchens cabinets, granite countertops, under cabinet and counter lighting & appliances, flooring, bathroom updates. Proforma Income $165k CAP at 7.85%! Strong tenants & income in place, still room to increase rents 4 units of $400 each! Great opportunity to own this renovated 6-unit multi-family investment in Marysville/Arlington that offers 6,084 SF on 22,651 SF of land partially fenced with private patios for each unit with 15 parking spaces. Tenants pay their own Electricity, Trash & Recycle. All units are 2 bedrooms & 1 Bathroom 1,014 SQFT each. Recent renovations include electrical, plumbing, venting, insulation, gutters, downspouts, landscaping, exterior & interior have updated paint, flooring, carpet upgrades of Appliances in units, Hot Water tanks & items from prior year as well from Seller. Newer fencing & privacy of backyard w/ lots space for tenants. Located in a growing Arlington area with strong rental demand and Businesses. The new 2.8 million SF Amazon Fulfillment Center, Coca Cola Plant, Airport, just minutes away. Smokey Point Community Park is walking distance across the street w/ playground & athletic areas. Huge retail Mall Plaza, Target, Costco, Retail and Restaurants just minutes away!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2498475
- Listed
- March 31, 2026
- Days on market
- 123
- Price per sq ft
- $309
- Original list price
- $1,850,000
Unit & building
- Stories in building
- 1
- Units in building
- 6
Parking
- Total spaces
- 15
Construction
- Year built
- 1969
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Ceramic TileLaminateVinyl PlankCarpet
Lot
- Lot features
- Corner LotCul-De-SacCurbsDead End StreetOpen SpacePavedSidewalk
- Lot size
- 22,651 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Tenants Pay
Schools
- District
- Lakewood
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Multi Family
- Composition
- Baseboard
- None
- Electric
- Ceramic Tile
- Laminate
- Vinyl Plank
- Carpet
- Corner Lot
- Cul-De-Sac
- Curbs
Listing history
Listed
$1,850,000
March 31, 2026
Current price
$1,879,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$10,942
- Principal & interest
- $9,501
- Property tax (est.)
- $1,441
Assumes $375,800 down (20%), a $1,503,200 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of September 1, 2026 at 5:01 PM PDT. 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.