1309 Wildwood Street Unit #A/B/CD, Marysville, WA 98270
- $1,099,995
- 3,790
- SqFt
Listing courtesy of HomeSmart Real Estate Assoc.
- List Price
- $1,099,995
- Status
- ACTIVE
- MLS#
- 2559003
- Days on Market
- 3
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,790
- Area Total SqFt
- 3790
- Annual Tax Ammount
- 7784
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 6,534
- Sewer
- Sewer Connected
Property Description
Exceptional investment opportunity in the heart of Marysville! This well-maintained 4-plex offers a strong 5.8% cap rate with stable cash flow and long-term upside. Annual gross rental income is $82,680, making it an ideal addition to any investment portfolio or 1031 exchange.Two units have been extensively renovated within the past two years with modern finishes, while the remaining two units are occupied by approximately 6-year tenants who have taken exceptional care of their homes, providing dependable income and low turnover. The property has been well maintained and offers investors an excellent balance of immediate returns and future value-add potential as units naturally transition over time.Conveniently located near shopping, restaurants, schools, parks, I-5, Highway 9, and major employers, this property continues to attract quality tenants in one of Snohomish County's strongest rental markets.Whether you're a seasoned investor or purchasing your first multifamily property, this is a rare opportunity to acquire a clean, professionally maintained fourplex with solid financials, stable occupancy, and room for future growth.
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Additional Information
- List Date
- 2026-07-24 00:40:11
- Community
- Central Marysville
- Net Operating Income
- $63,896
- Gross Adjusted Income
- $82,680
- Gross Scheduled Income
- $82,680
- Total Monthly Income
- $6,890
- Insurance Expenses
- $3,200
- Water/Sewer/Garbage Expenses
- $3,000
- Gross Rent Multiplier
- 13.3
- Total Expenses
- $18,784
- Cap Rate
- 5.8
- Total Number of Units
- 4
- Unit Name
- 1309
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1971
- View
- Territorial
- Roof
- Composition
- Electric Expenses
- 1200
- Other Expenses
- 3600
- Energy Source
- Electric
- School District
- Marysville
- Total Monthly Income
- $6,890
- Gross Scheduled Income
- $82,680
- Gross Adjusted Income
- $82,680
- Tax Year
- 2025
- Insurance Expense
- $3,200
- W/S/G Expenses
- $3,000
- Total Expenses
- $18,784
- Net Operating Income
- $63,896
- Gross Rent Multiplier
- 13.3
- Cap Rate
- 5.8
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.