5506 64th Street NE, Marysville, WA 98270
- $725,000
- 1,904
- SqFt
Listing courtesy of AgencyOne.
- List Price
- $725,000
- Status
- ACTIVE
- MLS#
- 2542540
- Price Change
- ▼ $24,950 1784147950
- Days on Market
- 38
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,904
- Area Total SqFt
- 1904
- Annual Tax Ammount
- 4961
- Internet Provider
- Ziply
- Lot Size (sq ft)
- 11,761
- Sewer
- Sewer Connected
Property Description
Rare investment opportunity near Jennings Park on a quiet, dead-end street in Marysville. This updated duplex features two mirror-image units separated by centrally located garages, providing excellent privacy and functionality. Each unit offers forced-air heating, A/C, updated finishes, private patios, and comfortable living spaces. Recent improvements include a new roof, expanded parking, and outdoor living areas. Prior to conversion to short-term rentals, the property generated $4,885 per month in long-term rental income. Both units are now operating as successful short-term rentals with strong guest demand and existing reservations projected to generate over $24,000 in gross revenue between April and July 2026. Currently themed as “Sasquatch” and “Area 52” Airbnb experiences, the property offers a unique guest appeal while giving future owners complete flexibility to continue short-term rentals, convert back to long-term rentals, owner-occupy one unit, or redesign to fit their vision. A rare opportunity to own a turnkey duplex with proven income history, modern updates, established bookings, and multiple investment strategies in a growing Snohomish County market.
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Additional Information
- List Date
- 2026-06-18 15:38:12
- Community
- Marysville
- Net Operating Income
- $45,592
- Gross Adjusted Income
- $58,620
- Gross Scheduled Income
- $58,620
- Total Monthly Income
- $4,885
- Insurance Expenses
- $1,639
- Water/Sewer/Garbage Expenses
- $3,228
- Gross Rent Multiplier
- 13.57
- Total Expenses
- $12,528
- Cap Rate
- 5.7
- Total Number of Units
- 2
- Unit Name
- 5506
- Potential Terms
- Cash, Conventional
- Year Built
- 1984
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, High Speed Internet, Patio
- Electric Expenses
- 2200
- Other Expenses
- 500
- Energy Source
- Electric
- School District
- Marysville
- Total Monthly Income
- $4,885
- Gross Scheduled Income
- $58,620
- Gross Adjusted Income
- $58,620
- Tax Year
- 2026
- Insurance Expense
- $1,639
- W/S/G Expenses
- $3,228
- Total Expenses
- $12,528
- Net Operating Income
- $45,592
- Gross Rent Multiplier
- 13.57
- Cap Rate
- 5.7
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.