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$1,550,000
2525343 MLS ACTIVE Status
INCREASED RENTS! $10,998 MONTHLY INCOME | The 10th Street Apartments is a cash-flowing 5-unit multifamily investment opportunity in the charming, historical city of Snohomish, WA. The property features a highly desirable unit mix and full amenity packages, with each unit offering two bedrooms, one bathroom, 988 square feet of living space, in-unit washers & dryers, dishwashers, disposals, wood-burning fireplaces, private decks/patios, off-street parking stalls, and large exterior storage lockers. Over the past five years, the property has undergone significant capital improvements, including a new composition roof, Hardie plank siding, Milgard double-pane vinyl windows, and new deck coatings, all completed in 2021. Ask listing agent for marketing brochure!

218 10th Street, Snohomish

Listing courtesy of Blake Investment Advisors.

$699,000
2521003 MLS ACTIVE Status
Incredible Marysville Investment Opportunity! One side is completely move in ready, while you rent the other side out! This well-maintained duplex offers the perfect blend of stability and sweat equity. You can purchase this property for as little as 3.5% down and possibly use an accelerated cost segregation to increase tax deductions! Each unit features a spacious 3-bedroom, 1.5-bathroom layout, including a clever garage conversion that provides a third bedroom while still retaining ample storage space in the remaining garage area. Recent capital improvements provide peace of mind, including a brand-new roof and fresh exterior touch-ups. One unit has been recently spruced up with new interior paint, making it move-in ready for an owner-occupant or a new tenant at market rent. The other side is already occupied, providing immediate cash flow. Both units enjoy impressively large, private backyards—perfect for gardening, pets, or entertaining. Whether you're looking to start your portfolio or move into one side and let the neighbor pay your mortgage, this is the one!

6920 Armar Road, Marysville

Listing courtesy of KW North Sound.

$875,000
2509996 MLS PENDING INSPECTION Status
Rare Opportunity! DUPLEX in Old Town Monroe. First Time on Market & beautifully maintained. Both units boast ¾ baths downstairs with showers & 4 piece baths upstairs with whirlpool tubs. Walk-in closets. Two baths upstairs in each unit. Unit A has two bedrooms upstairs and a Generator installed. Unit B has two bedrooms upstairs with an additional bedroom downstairs. Vaulted living rooms & laundry rooms downstairs in each unit. Each unit has gas free-standing stoves .2 car garages w/ bonus shop space. Out back, enjoy covered patios for each unit. Backyard shed. Property backs up to Woods Creek. Enjoy privacy and serenity. Grounds beautifully landscaped. Upgrades include lifetime metal tile roof, new carpets, fresh paint in units A & B. Automatic standby generator for unit A. NO HOA! Walk to Al Borlin Park & nearby Skykomish River access. Easy access to Hwy 203, Hwy 2 or 5-22.

433 S Lewis Street Unit #A & B, Monroe

Listing courtesy of John L. Scott Snohomish.

$740,000
2511069 MLS ACTIVE Status
Welcome to this exceptional commercial property zoned R-5 RB for both business and residential use, situated on an expansive 10,454 sq/ft corner lot. This well-established duplex w/ great cash flow opportunities. Situated conveniently close to major highways, including 9, 522, and 405, its prime location ensures ease of access and high demand for rental units. The commercial zoning opens up exciting possibilities for increasing the property's value. In addition, its proximity to abandoned RR tracks earmarked for future trail development adds another layer of potential appreciation. Both units of this property offer spacious layouts featuring 2 bedrooms and 1 bathroom each, complemented by generously sized living rooms complete w/ fireplaces.

16425 Broadway Avenue, Snohomish

Listing courtesy of Real Property Associates.

$1,450,000
2508656 MLS ACTIVE Status
Investor Alert! Well-maintained and freshly painted 4-plex in desirable Marysville with a strong rental history and consistently low vacancy. Property features two separate buildings, each with two units, offering excellent tenant appeal and added privacy. A private driveway leads to the property, creating a quiet, tucked-away setting. Each unit offers a functional and efficient layout with 2 bedrooms and 1 full bath. Spacious living areas flow easily into bright kitchen spaces, maximizing usability and comfort. In-unit washer and dryer provide convenience, while individual carports and additional storage add to long-term tenant satisfaction.Tenants enjoy generous outdoor space, including good-sized lawns and separation between units that enhances privacy—rare for multi-family properties. Ideally located near shopping, dining, schools, and major commuter routes, making it a highly attractive and stable investment. Turnkey opportunity with solid income potential in a growing area.

5005 88th Street NE, Marysville

Listing courtesy of KW North Sound.

$7,300,000
2505434 MLS ACTIVE Status
Portage Creek Apartments is a well-maintained 28-unit property located in Arlington, offering investors immediate rent growth with minimal execution risk. It has benefited from significant capital improvements, with 24/28 units already renovated featuring updated flooring, paint, cabinets, and CT. In addition, the exterior has been recently repainted, enhancing curb appeal and reinforcing the asset’s strong physical condition. Despite these upgrades, in-place rents remain below market, providing a clear opportunity to increase revenue without the need for further interior renovations. All units include in-unit W/D and feature large floor plans averaging 1,009 SF, a compelling differentiator in the local rental market. The unit mix is further enhanced by value-added amenities, including several units with attached garages and a total of 14 garages on site, 2 of which are currently utilized by ownership and offer immediate incremental income potential. Most units also feature expansive private decks, adding an outdoor living space that supports tenant retention and higher market rents. With a strong renovation base already in place, investors can focus on mark-to-market rent growth, selective completion of remaining upgrades if desired, and long-term optionality through future redevelopment potential via the excess parking area. Collectively, these attributes position the property as a high-quality asset with multiple, low-friction avenues for income growth and appreciation.

21125 81st Street NE, Arlington

Listing courtesy of Northmarq Multifamily, LLC.

$1,050,000
2500007 MLS ACTIVE Status
Exceptional duplex investment opportunity in the heart of Lynnwood offering two expansive residences—each featuring 3 bedrooms, 2.5 baths and 1,628 SF of thoughtfully designed living. Each unit lives like a standalone home with spacious open-concept layouts, generous living and dining areas, well-appointed kitchens with abundant cabinetry and seamless indoor-outdoor flow. Upstairs level boasts private bedroom retreats including a spacious primary suite with ensuite bath and additional bedrooms offering flexibility for guests, home office or extended living. Both have 2 car garages and 2 driveway parking spaces. Ideal for owner-occupants or investors seeking strong rental potential, this property delivers modern layouts, generous living areas and functional floor plans. Just minutes to Alderwood Mall, a premier shopping, dining, and entertainment destination, and conveniently located near the Lynnwood Transit Center with expanding light rail access, enhancing long-term appreciation and tenant demand. Easy access to I-5 and I-405 with quick connectivity to major employment hubs including Boeing—as well as Seattle, Bellevue, and the Eastside tech corridor. Lynnwood continues to attract growth with a strong employment base and Edmonds College nearby, supporting consistent rental demand. A rare opportunity to secure a high-performing asset in a rapidly growing corridor—live in one unit and rent the other or maximize cash flow in a location poised for continued expansion!

14926 40th Avenue W Unit #3, Lynnwood

Listing courtesy of Lions Realty Group.

$1,075,000
2500006 MLS ACTIVE Status
Exceptional duplex investment opportunity in the heart of Lynnwood offering two expansive remodeled residences—each featuring 3 bedrooms, 2.5 baths and 1,628 SF of thoughtfully designed living. Each unit lives like a standalone home with spacious open-concept layouts, generous living and dining areas, well-appointed kitchens with abundant cabinetry and seamless indoor-outdoor flow. Upstairs level boasts private bedroom retreats including a spacious primary suite with ensuite bath and additional bedrooms offering flexibility for guests, home office or extended living. Both have 2 car garages and 2 driveway parking spaces. Ideal for owner-occupants or investors seeking strong rental potential, this property delivers modern layouts, generous living areas and functional floor plans. Just minutes to Alderwood Mall, a premier shopping, dining, and entertainment destination, and conveniently located near the Lynnwood Transit Center with expanding light rail access, enhancing long-term appreciation and tenant demand. Easy access to I-5 and I-405 with quick connectivity to major employment hubs including Boeing—as well as Seattle, Bellevue, and the Eastside tech corridor. Lynnwood continues to attract growth with a strong employment base and Edmonds College nearby, supporting consistent rental demand. A rare opportunity to secure a high-performing asset in a rapidly growing corridor—live in one unit and rent the other or maximize cash flow in a location poised for continued expansion!

14926 40th Avenue W Unit #2, Lynnwood

Listing courtesy of Lions Realty Group.

$1,879,000
2498475 MLS ACTIVE Status
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!

17820 Smokey Point Boulevard, Arlington

Listing courtesy of Realty One Group Enterprise.

$7,000,000
2495756 MLS ACTIVE Status
Newly available in a highly desirable Edmonds. Inquire about possible seller financing. 12 townhomes priced well below replacement cost at $338 per finished SF, not including the 7368 SF of garages. Triplex structure provides for 8 end units. Originally built in 2008 and previously sold to the current owner, these homes are now being offered to new owners for the first time. Beautiful and spacious tri-level townhouses located in a prime Edmonds location at the corner of 48th Ave W and 164th St SW. This well-maintained contemporary home offers 1,724 SF of comfortable living space with an open floor plan designed for modern living. The large kitchen features granite countertops, quality appliances, and plenty of cabinet space, opening to bright living and dining areas highlighted by hybrid wood flooring and a custom stone gas fireplace. Upstairs, the spacious primary suite boasts a cathedral ceiling, walk-in closet, and a full bath with dual sinks. Two additional bedrooms and a full bathroom provide plenty of space for guests or home office. Additional features include an energy-efficient radiant hydronic heating system, in-unit washer and dryer. Don't miss the ginormous 614 SF 2-car garage with extra space for hobbies and storage. Conveniently located with easy access to Highway 99, I-5, and I-405, and within the highly regarded Edmonds School District. Close to shopping, dining, and everyday amenities. Separately deeded as condos for future individual sale potential.

16415 48th Avenue W, Edmonds

Listing courtesy of Specialty Real Estate Group.

$1,299,950
2484319 MLS ACTIVE Status
Exceptional Investment Opportunity — Three Private, Custom Homes on .46 Acre in Central Marysville! Discover a rare, meticulously maintained compound built by a local custom builder. This architecturally designed duplex features two 'separate' homes with private entrances, attached garages, vaulted ceilings, white oak hardwood floors, slab counters, fireplaces, and custom interiors with updated finishes throughout. An air-gap between the two main residences ensures complete privacy and superior soundproofing. Each unit includes its own yard, garden space, covered deck, and dedicated garage. The property also includes a fully finished, heated 900 sq ft detached shop equipped with heat and hot water — an absolute dream for a workshop or small business. A private, fully finished one-bedroom apartment with a covered two-car carport provides a third rentable unit (currently occupied by month-to-month tenant). Additional features: generator hookup, sprinkler system, heated greenhouse, partial mountain views, landscaped grounds, paved cul-de-sac location with minimal traffic, and easy access to shopping, services, and I-5. Immaculate condition inside and out — a one-of-a-kind investment or multi-generational home. Welcome home.

5005 109th Street NE Unit #A,B,C, Marysville

Listing courtesy of Windermere Real Estate/CIR.

$9,995,000
2421419 MLS PENDING INSPECTION Status
The Lee & Associates | Northwest Multifamily Team presents Viking Apartments, 7 buildings, 70-unit on 2.31 acres. Offering flats, townhomes, a duplex, and a SFR in 1-, 2-, & 3-bedroom layouts averaging 606 sq. ft. About half the units feature vinyl plank flooring, resurfaced tubs, and repainted cabinetry. Upgrades include a TPO roof (2024) and new shingles (2022) on several buildings. Wood-frame with brick, CMU, marblecrete, and wood siding, copper plumbing, electric baseboard heat, individual water heaters, and off-street parking. Zoned CDM with redevelopment potential. Near light rail, Edmonds College, Hwy 99, and Lynnwood Transit Center, benefiting from the area’s transformation into a regional hub fueling strong rental demand and upside

6630 202nd Street SW, Lynnwood

Listing courtesy of Lee & Associates Commercial RE.

$850,000
2390152 MLS ACTIVE Status
Excellent investment opportunity! This beautifully updated duplex offers flexibility and income potential. Live in one unit and rent out the other to offset your mortgage. Unit A features 3 bedrooms, each with a walk-in closet, plus new floors, fresh paint, tile backsplash, a wood-burning fireplace, and a newly sealed deck. A new roof was installed in 2023. Unit B includes 2 bedrooms, new flooring and carpet, sleek quartz countertops, and abundant natural light. Both units are move-in ready and designed for comfort and functionality. Whether you're house-hacking or building your rental portfolio, this is a smart, versatile investment you won't want to miss! This home appraised at 925K in 2023 prior to updates so its priced to sell!

15330 40th Avenue W Unit #A & B, Lynnwood

Listing courtesy of Ballpark Realty.

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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