515 Avenue D, Snohomish, WA 98290

$799,950
2,436
SqFt

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Listing courtesy of Pellego, Inc..

List Price
$799,950
Status
ACTIVE
MLS#
2537763
Days on Market
46
Style
52 - Duplex
Finished SqFt
2,436
Area Total SqFt
2436
Annual Tax Ammount
5207
Lot Size (sq ft)
3,485
Sewer
Sewer Connected

Property Description

Rare opportunity to own a duplex in the heart of Snohomish! Located across from Snohomish High School and within walking distance of local shops, restaurants, and Historic Downtown Snohomish, this property offers both convenience and long-term value. Fully occupied, the upper unit features 3bd/1ba and over 1,400 square feet across two levels, complete with walk-in closets, dedicated laundry room, formal living and dining areas, and mountain views. The lower unit is a renovated 2bd/1ba unit with a private outdoor space. Recent improvements include new siding, exterior paint, windows, fencing, and professional landscaping, providing excellent curb appeal and reduced maintenance for years to come. Perfect for an investor seeking stable rental income or an owner-occupant looking to offset mortgage costs. Available for the first time in more than 20 years, this is a rare chance to own a well-maintained duplex in one of Snohomish County's most desirable and growing communities. Seller financing may be available.

Additional Information

List Date
2026-06-10 15:34:12
Community
In Town - Snohomish
Net Operating Income
$43,173
Gross Adjusted Income
$53,340
Gross Scheduled Income
$53,340
Total Monthly Income
$4,445
Insurance Expenses
$1,360
Water/Sewer/Garbage Expenses
$3,600
Gross Rent Multiplier
15
Total Expenses
$10,167
Cap Rate
5.4
Total Number of Units
2
Unit Name
515
Potential Terms
Cash, Conventional, FHA, Owner Will Carry, VA Loan
Year Built
1927
View
Mountains
Roof
Composition
Site Features
Fenced-Fully, Fenced-Partially, High Speed Internet, Patio
Energy Source
Electric
School District
Snohomish
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Snohomish High
Total Monthly Income
$4,445
Gross Scheduled Income
$53,340
Gross Adjusted Income
$53,340
Tax Year
2026
Insurance Expense
$1,360
W/S/G Expenses
$3,600
Total Expenses
$10,167
Net Operating Income
$43,173
Gross Rent Multiplier
15
Cap Rate
5.4
Based on information submitted to the MLS GRID as of . 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.
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