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MLS: #NWM2572714, Listed By: Mike Novak, Real Broker LLC, Source:NWMLS - Northwest Multiple Listing Service

11243 30th Street

Lake Stevens, WA 98258
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Bed 0

Bed

Bath 0

Bath

SqFt3,012

Sqft

Acres0.26

Acre(Lot)

Hard-to-find, leased duplex offering immediate income and strong investment potential! Gross annual income of $59,940 with taxes/insurance of $10,331 produces an NOI of $49,609 and approx. 4.9% CAP at $999K. Current rents are $2,400 & $2,595/mo, with PM-projected market rents of $2,895/unit, offering potential for approx. 5.8% CAP at market rents. Tenants pay all utilities. Each spacious unit features 3 beds, 2.5 baths, bonus room, large dining area, gas fireplace, gas cooking/heat, 2-car garage PLUS abundant additional parking and enormous, level, fully fenced private yards—a standout feature for tenants. HardiePlank siding and fresh exterior paint. Unit A offers bamboo flooring & SS appliances; Unit B features LVP, white appliances & new cooktop. Located in the highly desirable Lake Stev ens School District, walking distance to the high school and convenient to Hwy 9. Generous floorplans provide the space and functionality renters seek, while individual garages, extensive off-street parking and expansive fenced outdoor spaces help set this property apart from typical multifamily offerings. Established tenancy provides income from the start, while projected market rents offer additional upside for the future. An appealing combination of location, livability, rental demand and income potential makes this a compelling opportunity to acquire an established investment property in a sought-after Lake Stevens community.

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Detail Ic Property Details

Property Type : Residential Income

Price : $999,900

AD Id : 91087828

MLS Id : NWM2572714

Lot Size : 0.26 Acre

Living Area Size : 3,012

Tax Amount : 8459.00

Year Built : 2010

Garage : 4

County : Snohomish

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Feature Features

  • Interior Features

    Roof: Composition

    Roofing Information

    Composition
  • Flooring Information

    Flooring: Bamboo/Cork, Ceramic Tile, Vinyl Plank, Carpet Construction Materials: Cement Plank, Wood
  • Heating & Cooling

    Heating: Forced Air Has Heating: Yes Cooling: None WaterSource: Public

  • Building Information

    Year Built: 2010
  • Exterior Features

    Cement Planked, Wood Construction Materials: Cement Plank, Wood Foundation Details: Poured Concrete

  • Lot Information

    Lot Description: Curbs, Paved Lot Square Feet: 11326 Lot Acres: 0.26

    Property Information

    Property Type: Residential Income Sub Type: Multi Family Structure Type: Duplex

  • Listing Price Information

    Original List Price:$999900

  • Tax Information

    Annual Tax: $8459 Tax Year: 2026 Parcel Number: 29060600408200

  • Parking Information

    Total Parking: 10

    Garage Information

    Garage Space: 4

  • School Information

    Elementary School: Highland Elem Junior High School: North Lake Mid Senior High School: Lake Stevens Snr Hig
  • Utility Information

    Sewer: Sewer Connected Water Source: Public
  • Location Information

    Subdivision: Lake Stevens City: Lake Stevens Direction: From Highway 9 Go East on Highway 92 South on 113th Right on 30th St. NE duplex is on the right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1601 131st Drive, Lake Stevens, WA, 98258 $875,000 -- -- 2,778 0.26 Acre
2424 99th Avenue, Lake Stevens, WA, 98258 $850,000 -- -- 2,400 0.42 Acre
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ByOwner last updated this listing 09/11/2026 @ 06:20

MLS: NWMLS #2572714 LISTED BY: Mike Novak, Real Broker LLC 855-450-0442 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

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