MLS: #NWM2498475, Listed By: Kevin Zellmer, Realty One Group Enterprise, Source:NWMLS - Northwest Multiple Listing Service
17820 Smokey Point Boulevard
Arlington, WA 98223
0
Bed
0
Bath
6,084Sqft
0.52Acre(Lot)
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 Incom
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: CompositionRoofing Information
Composition -
Flooring Information
Flooring: Ceramic Tile, Laminate, Vinyl Plank, Carpet Construction Materials: Brick, Cement, Wood -
Heating & Cooling
Heating: Baseboard Has Heating: Yes Cooling: None WaterSource: Public
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Building Information
Year Built: 1969 -
Exterior Features
Brick, Cement/Concrete, Wood, Wood Products Construction Materials: Brick, Cement, Wood Foundation Details: Poured Concrete
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Lot Information
Lot Description: Corner Lot, Cul-De-Sac, Curbs, Dead End Street, Open Space, Paved, Sidewalk Lot Square Feet: 22651 Lot Acres: 0.52Property Information
Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family
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Listing Price Information
Original List Price:$1850000
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Tax Information
Annual Tax: $11400 Tax Year: 2025 Parcel Number: 01003500001000
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Parking Information
Total Parking: 15
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Utility Information
Sewer: Sewer Connected Water Source: Public -
Location Information
Subdivision: Smokey Point City: Arlington Direction: West from I-5 on 172nd St NE/SR 531 left on Smokey Point Blvd, left on 178th Pl NE.
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ByOwner last updated this listing 06/25/2026 @ 06:20
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