1601 131st Drive NE, Lake Stevens, WA 98258
Listed by Amanda Weis, Ballpark Realty
$875,000
$315 per sq ft
1601 131st Drive NE, Lake Stevens, WA 98258
Lake Stevens, WA, 98258
- Sq ft
- 2,778
- Built
- 1998
- Parking
- 8 spaces
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 2,778
- Square feet
- $315
- Per sq ft
- Multi Family
- Type
- 1998
- Year built
- 11,326 sq ft
- Lot
- 0
- Days on market
About this property
Rare Lake Stevens Duplex Investment Opportunity! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex offers exceptional flexibility and value. Each spacious unit features 3 bedrooms, 2.5 bathrooms, approximately 1,400 square feet, oversized primary suites with walk-in closets, oak cabinetry, cozy gas fireplaces, and fully fenced private yards. Capital improvements provide peace of mind, including a new furnace and new water heaters, while gutter guards help minimize exterior maintenance. The right-side unit boasts an expansive backyard complete with a patio and sprinkler system—perfect for outdoor entertaining or relaxing. Ideally located within walking distance of Lake Stevens waterfront, the popular Farmers Market, and the charm of Historic Downtown Lake Stevens, this property offers an unbeatable combination of convenience, lifestyle, and strong rental appeal. A turnkey opportunity in a highly desirable location with excellent long-term investment potential.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2563772
- Listed
- August 3, 2026
- Days on market
- 0
- Price per sq ft
- $315
Unit & building
- Stories in building
- 2
- Units in building
- 2
Parking
- Covered spaces
- 4
- Total spaces
- 8
Views
- View
- Territorial
Construction
- Year built
- 1998
- Style
- 52 - Duplex
- Structure
- Duplex
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Vinyl PlankCarpet
Lot
- Lot features
- Cul-De-Sac
- Lot size
- 11,326 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- PUD
Schools
- District
- Lake Stevens
- Elementary
- Mt. Pilchuck Elem
- Middle
- North Lake Mid
- High
- Lake Stevens Snr Hig
Listing history
Listed
$875,000
August 3, 2026
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
$5,095
- Principal & interest
- $4,424
- Property tax (est.)
- $671
Assumes $175,000 down (20%), a $700,000 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 August 3, 2026 at 3:15 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.