Snohomish WA Multi-Family Real Estate, Homes for Sale

Welcome to this stunning triplex nestled in Lake Stevens on 1.61 acres! As you enter, the property features breathtaking river/valley views. Explore opportunities for investment with three rental units, all currently rented; immediate income potential. Two units offer 944sqft, two-bedroom, one-bath spaces w/ two-car carports. For the resident's convenience, separate laundry/storage are also provided. The third unit boasts 1800+sqft, two ensuites, an in-unit laundry, & office space, w/ custom features throughout! Additionally, this unit features a separate lower garage space. This property has quick access to Hwy 2/Hwy 204. Don't miss this rare opportunity to own a piece of paradise in the heart of the Snohomish Valley!

2004 Valley View Drive, Lake Stevens

Listing courtesy of Lamb Real Estate.

$1,099,000

2533177 MLS ⋅ ACTIVE Status

Great opportunity to own a purpose-built 4-plex in a convenient Everett location. This well-maintained property offers strong rental history with long-term tenants and additional upside through future value-add improvements. The building features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit has been fully remodeled with quartz countertops, updated kitchen and bath, in-unit washer/dryer, and forced air heating/cooling, providing a great example of potential for the remaining units. Major system updates include newer windows throughout and a replaced roof, helping reduce immediate capital expenses. Each unit includes off-street parking, adding to tenant convenience and appeal. Ideally located near the I-5 corridor, bus lines, and Everett AquaSox Stadium, with easy access to local coffee shops, restaurants, and everyday amenities. A solid investment with a blend of stability and opportunity.

1907 37th Street, Everett

Listing courtesy of KW Everett.

$1,100,000

2527549 MLS ⋅ ACTIVE Status

Excellent investment opportunity in a convenient Everett location! This well-maintained duplex at 11707 Center Rd offers strong upside potential with both units fully occupied by long-term tenants on month-to-month leases. Current rents are below market, providing an immediate opportunity for increased cash flow and future value growth. Each spacious unit features 3 bedrooms, 2 bathrooms, and an attached 2-car garage, making them highly desirable for tenants seeking comfort and functionality. The property is designed for low maintenance ownership, ideal for both seasoned investors and owner-investors looking to expand their portfolio. Situated in a desirable location with easy access to shopping, dining, schools, and major commuter routes, this duplex combines stable rental history with future income potential. Discreet viewing only. Please do not disturb tenants. Tenants are unaware the property is being offered for sale. Don’t miss this rare chance to own a solid income-producing property with built-in rental growth potential.

11707 Center Road, Everett

Listing courtesy of Horizon Real Estate.

$745,000

2530144 MLS ⋅ ACTIVE Status

**$10,000 BUYER CLOSING COST CREDIT!** Built in 2020, this LOW-MAINTENANCE DUPLEX is an ideal HOUSE HACK or LONG-TERM INVESTMENT opportunity. Featuring newer ROOF, PLUMBING, ELECTRICAL, and MECHANICAL SYSTEMS throughout, ownership is simplified with minimal capital expenditure concerns. Each unit offers 3 BEDROOMS, 2.5 BATHROOMS, plus a MAIN FLOOR OFFICE or OPTIONAL 4TH BEDROOM. Interiors feature durable LVP FLOORING, STAINLESS STEEL APPLIANCES, GAS FORCED AIR HEATING, and TANKLESS WATER HEATERS, providing the modern finishes and efficiencies today's renters are looking for. Exterior amenities include LOW-MAINTENANCE HARDIE SIDING, PRIVATE YARD SPACES, and AMPLE PARKING, helping support easy management and long-term durability. Conveniently located near schools and within walking distance to downtown amenities, the property benefits from STRONG RENTAL DEMAND and excellent tenant appeal. Whether you're looking to LIVE IN ONE UNIT WHILE OFFSETTING YOUR MORTGAGE or add a TURNKEY INCOME-PRODUCING ASSET to your portfolio, this property offers LOW MAINTENANCE, STRONG RENTAL POTENTIAL, and LONG-TERM EQUITY GROWTH. A SMART PLACE TO PARK YOUR CAPITAL while tenants help build your wealth. One of Snohomish County's fasted growing communities.

513 4th Street, Sultan

Listing courtesy of KW Everett.

$675,000

2524836 MLS ⋅ ACTIVE Status

Owned by same family for over 20 years, long term renters reside in this great investment opportunity. Each unit has it's own deep garage with large yards and the corner lot allows potential for further development opportunities. Townhouse style duplex, each side has 2 bedrooms/1.5 bath. Great access to Hwy 99, Boeing, shopping & I-5.

9226 Sharon Drive, Everett

Listing courtesy of Windermere Real Estate GH LLC.

$775,000

2524833 MLS ⋅ ACTIVE Status

Rare rambler-style duplex with attached 2-car garages for both units—an exceptional find! Tucked in a quiet cul-de-sac with easy freeway access and close to major shopping. Spacious, well-designed layouts feature large bedrooms, each with a private ¾ bath off the primary. Bright kitchens with eating space, plus dedicated utility rooms for everyday convenience. South-facing rear exposure floods both units with natural light. Each unit also offers a fully fenced backyard with a patio, great for relaxing or entertaining.

1110 122nd Place SW, Everett

Listing courtesy of Windermere Real Estate GH LLC.

$1,420,000

2530189 MLS ⋅ ACTIVE Status

Investor opportunity meets peace of mind in this serene, centrally located Edmonds four-plex! Tucked away like a hidden gem, this property offers a tranquil setting with exceptional access to everyday conveniences. Featuring a versatile unit mix of one 3-bedroom, one 2-bedroom, and two 1-bedroom apartments, offering spacious living areas and attractive updates including newer cabinetry, quartz countertops, and stainless steel appliances.Perfect for investors or an owner-occupant seeking a live/rent (“house-hack”) lifestyle, this property is just minutes from transit, ferry access, parks, the waterfront, shopping, and restaurants.Major capital improvements provide added confidence and long-term value, including a new driveway and extensive French drain system installed approximately two years ago—a $70,000 investment designed to proactively manage drainage and protect the property. Additional moisture-control upgrades include two newer commercial-grade dehumidifier/air pump systems serving the lower units, a sump pump system installed in Unit 2, and thoughtful infrastructure improvements implemented to support long-term building performance. With ample parking, strong utility, and major systems already addressed, this property offers a compelling buy-and-hold investment or owner-occupied opportunity in one of Edmonds’ most desirable locations.

9010 236th Street SW, Edmonds

Listing courtesy of The Joseph Group.

$699,000

2529709 MLS ⋅ ACTIVE Status

Incredible Investment Opportunity in Lowell! Private & versatile duplex with massive garages tucked away in a private, serene setting within Everett’s desirable Lowell neighborhood, this accommodating duplex offers an exceptional opportunity for savvy investors! Rent both or live in one and rent the other. Each spacious 2-bed, 1-bath unit features a comfortable layout, a welcoming living room, and a primary bedroom with a large closet and the ultimate highlight- an enormous, finished 806 sq ft 2-car tandem garage with abundant storage! Comfort is guaranteed year-round with separate gas forced-air furnaces (Unit A updated in 2022) complemented by efficient ductless mini-split systems (3 heads per unit: one in each bedroom and the living room). The property boasts low-maintenance Hardiplank siding, durable composite decking with aluminum railings, retractable awnings, and a fully fenced side yard with dedicated garden beds on the north side. Inside, Unit B shines with updated modern vinyl flooring, granite countertops, built-in cabinetry, stainless steel appliances and new two panel solid wood doors. Unit A features solid wood doors, and a beautifully remodeled full bath featuring a single vanity and dedicated laundry. Separate gas and electrical meters, individual strapped hot water tanks, and a highly accessible location make this Lowell duplex a rare find!

2320 Ravenna Street, Everett

Listing courtesy of Redfin.

$445,000

2530259 MLS ⋅ ACTIVE Status

Imagine finishing your morning coffee on one of two decks, picturing the home you're about to create and the rental income waiting on the other side. That's the opportunity here. This 2,008 sq ft, 2-story home has already been converted into two separate units, one upstairs and one down. Both units have 2 bedrooms, 1 full bathroom and are ready for your personal touch, giving you the rare chance to customize finishes, choose your own palette, and build equity along the way. Some big ticket items are already handled: newer furnace and ducting, tankless hot water system, cedar front deck, and perimeter fencing. Upstairs, you'll enjoy vaulted ceilings in a generous living room anchored by a gas fireplace, a spacious kitchen with tons of counter space and a cozy eating nook, and a large primary suite with his-and-her closets. Downstairs, the 2 bedroom, 1 bathroom unit is ready to be polished into a rental suite or a perfect space for extended living once you've made it your own. Minutes from Boeing, walkable to shops and restaurants, and with quick access to Highway 99 and I-5, the location checks every box. Invest the effort today. Enjoy the rewards for years to come. Buyer to verify all to own satisfaction.

929 Pecks Drive, Everett

Listing courtesy of KW North Sound.

$1,298,000

2529127 MLS ⋅ ACTIVE Status

Everett 4 Unit: 6.35% cap rate. One unit vacant, making this ideal for an owner-occupier to live in one unit while the remaining three cover the mortgage. Long-term tenants in place providing stability and reliable cash flow. All units are 2BD/1BA at 850 SF each (3,400 NRA) on a 6,098 SF lot. Infrastructure highlights include a 4-year-old roof, copper and ABS plumbing, and GE electrical panels, minimizing near-term cap-ex and providing peace of mind for the incoming investor. Units feature forced air heating, on-site laundry, and two units have back patios. 10 parking spaces (2.5/unit) adds convenience and tenant retention value. Upside available through strategic market rent adjustments as the surrounding Everett market continues to grow — making this an ideal core hold for any investor seeking steady income with long-term appreciation potential.

3116 18th Street, Everett

Listing courtesy of COMPASS.

$900,000

2527561 MLS ⋅ ACTIVE Status

A rare income-producing triplex on an expansive double lot (14,374.8 sq ft) with ADU potential. This property features three fully separate living units — each with its own private entrance, kitchen, and bathroom — offering true independent living and multiple income streams for investors or owner-operators. The main-floor unit includes 6 individually rented bedrooms sharing common living space, generating strong, consistent room-by-room income. The upstairs unit offers 2 bedrooms and approximately 1,000 sq ft of living space. The lower level is a private 1-bedroom apartment, ideal for additional rental income or onsite management. In total, the property offers 9 bedrooms across 3 fully separate units, with strong existing cash flow and significant upside. Additional potential includes reconfiguring existing space for even greater occupancy, plus a detached garage offering storage, parking, or future conversion possibilities. A true triplex with three distinct living spaces, a spacious double lot, and proven income — a standout opportunity for investors in Everett.

3732 Rockefeller Avenue, Everett

Listing courtesy of Real Broker LLC.

$1,090,000

2527527 MLS ⋅ ACTIVE Status

Tucked away at the end of quiet street in a peaceful forested setting just west of 99, this fully-rented cash machine boasts an impressive .19 acre wooded lot with fully-fenced yards & 7 parking spaces. Solid 1979 2-story 4-plex with sweeping covered front porch features identical 2-bedroom 1-bath 790sf units with private washer/dryers & new kitchens, baths, roof & windows just over 10 years ago. Rarely ever vacant with happy, long-term tenants. Super convenient location within walking distance to Swift transit & minutes to I-5, 405 & Lynnwood's new light rail station!

18332 Hurst Road, Lynnwood

Listing courtesy of Upgrade Realty.

$1,197,500

2526122 MLS ⋅ ACTIVE Status

Fantastically located triplex on a corner lot in Lynnwood short distance to light rail and all conveniences. Units are 2 bedroom and one and a half bath townhome style with washer and dryer. Pride of ownership with extensive improvements that include new electrical wiring, panels and plumbing throughout. The exterior was recently painted this spring. Roof was upgraded and replaced 9 years ago. This building has historically attracted long term tenancy.

5208 188th Street SW, Lynnwood

Listing courtesy of Best Choice Realty LLC.

$1,550,000

2525343 MLS ⋅ ACTIVE Status

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.

$1,500,000

2521636 MLS ⋅ ACTIVE Status

Edmonds Bowl 5 Unit, offered for the first time in over 45 years and Ideally situated in the heart of Downtown Edmonds, just blocks from Main Street and the waterfront. Sellers are open to Seller Financing terms from qualified buyers. Please reach out for terms. Upper-level units offer attractive water, mountain, and territorial views, enhancing overall tenant appeal. The building showcases a classic mid-century design centered around a private courtyard, creating a unique and inviting living environment. Residents benefit from a common laundry and storage area, while ample off-street parking is provided via five surface stalls and a spacious two-car garage. This asset presents a compelling value-add opportunity with clear pathways to increasing rental income through interior upgrades and operational improvements. With its irreplaceable location, strong in-place fundamentals, and multiple avenues for value creation, this offering is well-suited for investors seeking a stable, well-located asset with significant long-term growth potential.

324 3rd Avenue S, Edmonds

Listing courtesy of Paragon Real Estate Advisors.

$1,300,000

2521684 MLS ⋅ ACTIVE Status

Edmonds Bowl Triplex is being offered for the first time in over 45 years, presenting a rare opportunity to acquire a well-located asset in one of Edmonds’ most desirable neighborhoods. Seller financing is available for qualified buyers with flexible terms—please reach out for details. Ideally positioned in the heart of Downtown Edmonds, just blocks from Main Street and the waterfront, this property offers exceptional walkability and long-term tenant appeal. Upper-level units feature attractive water, mountain, and territorial views, further enhancing desirability. The property showcases classic mid-century architecture centered around a private courtyard, creating a unique and inviting atmosphere for residents. Additional amenities include common laundry, storage, five off-street parking stalls, and a spacious two-car garage. This is a compelling value-add opportunity with clear upside through interior upgrades and operational improvements. With an irreplaceable location, strong existing fundamentals, and multiple paths to increased income, this offering is ideal for investors seeking stability, upside, and long-term appreciation.

318 3rd Avenue S, Edmonds

Listing courtesy of Paragon Real Estate 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.

$1,200,000

2519620 MLS ⋅ ACTIVE Status

Sought after turnkey Marysville 4 plex. Pride of ownership and quality neighborhood is evident. All 4 units are 2 bedrooms, 1 bathroom, 948 square feet with 1 car carports. These units live like private homes. All units are individually addressed and individually metered for power. HOA fee covers garbage & lawn maintenace. Turnkey with lots of potential. All units have been updated. Unit 4 renovation was completed in April 2026. A new roof is being installed May 2026.

1262 Cedar Avenue Unit #1-4, Marysville

Listing courtesy of Real Property Associates.

$3,600,000

2514556 MLS ⋅ ACTIVE Status

There are 20 generously sized 1 BR units plus 2 studio units for a total of 22 units. The studio units are the non conforming units and were recreation rooms before being made into studios over 30 years ago. Each unit has one tuck under parking space and a storage unit. Laundry is located in two laundry rooms, one in each building. See attached docs for seller disclosure. There are 24 under building parking stalls and storage units. New roof within last 3 years completely redone with PVC roofing material with new insulation and plywood!

1902 -1904 W Casino Road, Everett

Listing courtesy of Windermere Real Estate GH LLC.

$875,000

2509996 MLS ⋅ ACTIVE 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.

$750,000

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.

$425,000

2496962 MLS ⋅ ACTIVE Status

Fantastic Value near downtown Everett. This duplex is located just a few blocks south of downtown Everett and has great potential. The structure was built in 1920 and has stood the test of time. A perfect place for owner occupant to gain some "sweat equity" while producing income. Convenient location just south of downtown. Easy to walk to many of Everett's amenities, including restaurants, cafe's, baseball park, and shopping. A longer walk or short bike ride to Everett's exciting "Waterfront Place". This is an affordable duplex that will get you in the income-producing property arena. A fantastic way to begin building equity, especially if you are handy and can address maintenance items yourself.

1817 34th Street, Everett

Listing courtesy of Windermere Real Estate M2 LLC.

$1,495,000

2499588 MLS ⋅ ACTIVE Status

Quality built 4 plex, on 12,633 sq.ft. lot, on greenbelt. Ocean view across the street.1 mile to beach. Salt water breeze reaches units. Huge backyard. All units are bigger than newly built 3 bedrooms. Oversized patios & balconies. Sound proof bubble concrete sub floors, see picture. Hardwood floors. Granite countertop. New double thick glass windows. New doors and millwork. 2 new bathtubs & all faucets. New gutters and downspouts. New Aqua-Pex water line. Walk to school. 5 miles to Alderwood Mall, I-5, 405. In area of multi million houses. 2 coin op laundries. 4 storages, 8 personal parking +. Only 6 tenants, no pets. Proof of funds for showing!

14025 61st Place W, Edmonds

Listing courtesy of List4FlatFee.com, LLC.

$1,850,000

2498475 MLS ⋅ ACTIVE Status

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. Located in a Residential area making this the perfect community living. Strong tenants & income in place, still room to grow income and NOI with ZERO Vacancy! Tenants pay own Electricty, Trash & Recycle. All units are 2 bedrooms & 1 Bathroom and VERY LARGE units at 1,014 SQFT each. Recent renovations include eletrical, plumbing, venting, insulation, gutters, downspouts, landscaping, exterior & interior paint and many other items. Current Proforma Revenue: $140820 (current 2026) Expenses: 25,000/year, NOI: $115,820, Cap Rate: 6.3%. Market rate in 12-18 months $2,300+. Proforma Income $165k CAP at 7.85%! Units 4 is completed renovated with new kitchen, countertops, bathroom, appliance etc... Now rent Unit 4 $2,200 and $2300+ Market Rate in the future! Units have updated paint, flooring, carpet upgrades of Appliances, Hot Water tanks & items from 2023. Newer fencing and lots of backyard space for all 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 with playground and athletic areas. Huge retail Mall Plaza with 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.

$5,200,000

2493947 MLS ⋅ ACTIVE Status

We are pleased to present the Cherry Creek Apartments, a highly desirable 18-unit multifamily community located in Monroe, WA. It offers a diverse unit mix consisting of 1BD flats, 2BD flats, and spacious 2 & 3BD townhomes, with an average unit size of 1,134SF. The property has undergone extensive renovations, with most residences featuring SS appliances, granite CT, LVP flooring, modern lighting, refaced cabinetry, and in-unit W/D. It provides a superior parking ratio of 2.67 spaces/unit, including 20 garage spaces and 28 surface stalls. Select townhome units feature attached 2-car garages and floorplans up to 1,450SF, positioning Cherry Creek as a competitive alternative to single-family housing.

520 S Kelsey Street, Monroe

Listing courtesy of Northmarq Multifamily, LLC.

$1,195,000

2492468 MLS ⋅ ACTIVE Status

Excellent Investment Opportunity in Downtown Granite Falls! Located in the desirable Pilchuck Village community, this fully leased tri-plex offers a strong addition to any investment portfolio. With consistent occupancy and stable rental history, this property provides immediate income potential in a growing market. Each unit features a functional and appealing layout with an open-concept main floor that includes the kitchen, dining area, living space, laundry, and a convenient half bath. Upstairs, tenants enjoy a built-in desk area ideal for home office, schoolwork, or hobbies, along with a spacious primary bedroom with ensuite bath and two additional bedrooms and bath. The property has a new roof, and HOA dues help protect your investment by covering exterior maintenance such as paint, siding, landscaping, pest control, and gutters, helping reduce long-term ownership responsibilities. Each unit includes a single-car garage plus an additional parking space, with guest parking available for visitors. With its convenient downtown Granite Falls location, strong tenant appeal, and low exterior maintenance requirements, this property presents an excellent long-term hold opportunity. It may also be a great fit for investors completing a 1031 exchange from a single-family rental into multifamily, and it qualifies for DSCR financing with 25% down.

119 N Indiana Avenue, Granite Falls

Listing courtesy of KW North Sound.

$3,095,000

2485482 MLS ⋅ ACTIVE Status

We are pleased to present Rucker Court, a turn-key, well-maintained multifamily investment opportunity located just north of downtown Everett. Built in 1957 and recently renovated, the property comprises 14 1BD units, each averaging 630SF with approximately half of the units having views of the Puget Sound. The property provides stable in-place income with additional upside through the potential to increase rents by up to 6% to reach market rates. Every unit has been fully renovated with high-end finishes, including LVP flooring, countertops, interior & exterior paint, and SS appliances. Approximately half of the units have received new cabinets. The roof was replaced in 2024 with a full tear off and new TPO membrane.

2614 Rucker Avenue, Everett

Listing courtesy of Northmarq Multifamily, LLC.

$2,300,000

2479732 MLS ⋅ ACTIVE Status

PRICE ADJUSTMENT -EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,300,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

$859,950

2479058 MLS ⋅ ACTIVE Status

Well-maintained mirror-image townhome duplex on a quiet dead-end street in Mukilteo S.D. Built in 1995 and set back ona private drive, this 2,964 sq ft property sits on a ¼-acre lot bordered by greenbelt. Each 3 bed, 2.5 bath unit includes a2-car garage, fully fenced backyard, and all bedrooms upstairs. Strong rental history with long-term tenants and 99.99%occupancy over 8 years. Major upgrades include a new 30-year roof, exterior paint, and perimeter fencing in 2022. Minutesto Boeing and 6 blocks to elementary school. Current rents increase May 1st to $2,300 and $2,495 with long term tenants.Excellent investment with minimal turnover and reliable cash flow in a high-demand rental area. See list of upgrades inattachments. Inspection available

630 90th Street SW Unit #A/B, Everett

Listing courtesy of HomeSmart Real Estate Assoc.

$750,000

2475731 MLS ⋅ ACTIVE Status

Great Eastmont Rental Investment Opportunity! Located just off I-5 yet nestled in a serene setting surrounded by greenbelt. This duplex is completely remodeled/ Updated in 2016. One side offers 2 bedrooms 1 bath with fireplace, the other side features 1 bedroom, 1 bath, both with laundry. The Mid-Century Modern architecture showcases exposed beams with tongue & groove cedar ceilings + tons of natural light. Features include ez care flooring along with all appliances, granite countertops, under cabinet lighting & more. Outside is a large private yard, One bedroom is fully fenced, covered carports with lockable storage & work area. What an opportunity to live in one side and rent the other - Currently Both Are Rented for an immediate return on investment. This is the one you’ve been waiting for! Please Do Not Disturb Tenants. Photos are after 2016 updates.

8417 Gold Way, Everett

Listing courtesy of John L. Scott Mill Creek.

$569,999

2476036 MLS ⋅ ACTIVE Status

Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, with the upper level divided into 3 studio units (they share a bathroom). All units have individual kitchens. Updated building & units with strong cash flow—currently grossing $5,210/mo ($65,680/year) and approx. 9.37 % cap rate. Unit 1 fully remodeled with modern interior; Unit 5 carpet replaced 2 years ago. New coin-op laundry and water heater. Unit 1, 4 left vacant for potential owner-occupancy/upgrade to drive up value—only unit available for showing. Great in-city location with easy access to Everett CC, hospitals, shops, cafes, and freeways. Loyal long-term tenants, rent below market.

2515 Oakes Ave, Everett

Listing courtesy of Kelly Right RE of Seattle LLC.

$3,570,000

2467866 MLS ⋅ ACTIVE Status

Investor alert! Rare opportunity to acquire 6 newer modern townhomes as a package in the heart of Marysville!. Each 4BR/3BA unit features modern open layout with rooftop deck, quartz kitchen w/ large island, vinyl plank flooring, oversized windows, private rooftop deck, entry-level bedroom w/ full bath, and attached 2-car garage. No rental cap! Strong rental demand, low maintenance construction, and prime location near shopping, dining, Seattle Premium Outlets & easy I-5 access. Turnkey investment.

4716 72nd St NE Street NE, Marysville

Listing courtesy of Best Choice Realty LLC.

$625,000

2460730 MLS ⋅ ACTIVE Status

Prime Location: Situated in the heart of downtown Marysville, this duplex offers convenient access to shops, dining, schools, and public transportation. Possible zoning for more units. Property Features:Two spacious units, each with private entrances and paved parking.Off-street parking available for tenants.Tenant Stability: Both units are currently occupied by long-term tenants, ensuring steady rental income and minimal turnover.Investment Appeal:Strong rental history in a growing community.Ideal for investors seeking reliable cash flow.Opportunity to hold as a long-term asset in a desirable location.

1390 Cedar Avenue, Marysville

Listing courtesy of eXp Realty.

$1,270,000

2436507 MLS ⋅ ACTIVE Status

Investor Opportunity! 4-Plex with townhouse style units in very peaceful setting. Terrific floor-plans with each unit nearly 1,000 sqft. 2 bedrooms & 1.5 bathrooms, living room with fireplace, dining, kitchen, 2 parking spaces per unit and separate rear decks. Additional parking for guests. Quiet, wooded setting at end of cul-de-sac. Solid building with all 4 units updated, new roof installed this summer and back deck freshly painted. Close to shopping, restaurants, etc. Long term tenants. Easy to rent. Low rents with opportunity to increase.

15320 40th Avenue W, Lynnwood

Listing courtesy of Best Choice Realty LLC.

$998,000

2434260 MLS ⋅ PENDING Status

Dynamic mixed-use asset in Everett’s revitalizing urban core. Interurban Corner spans a 26,572 SF corner lot with alley access, 20+ parking spaces, and a 7,629 SF structure leased to stable local tenants—3 storefronts, 3 apartments, and 3 flex spaces. Current gross rent over $64K; pro forma $144K+ with light upgrades. Just 26.3% lot coverage—NB zoning + Opportunity Zone offer phased development potential. Steps from the Interurban Trail, future light rail, and new stadium district. A walkable, well-connected location with built-in income and big upside.

2011 Madison Street, Everett

Listing courtesy of Windermere Real Estate Co..

$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.

$775,000

2390152 MLS ⋅ PENDING SHORT SALE 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.

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