Snohomish County Multifamily Homes For Sale

Rare Lake Stevens Duplex Investment Opportunity! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex offers exceptional flexibility and value. Each spacious unit features 3 bedrooms, 2.5 bathrooms, approximately 1,400 square feet, oversized primary suites with walk-in closets, oak cabinetry, cozy gas fireplaces, and fully fenced private yards. Capital improvements provide peace of mind, including a new furnace and new water heaters, while gutter guards help minimize exterior maintenance. The right-side unit boasts an expansive backyard complete with a patio and sprinkler system—perfect for outdoor entertaining or relaxing. Ideally located within walking distance of Lake Stevens waterfront, the popular Farmers Market, and the charm of Historic Downtown Lake Stevens, this property offers an unbeatable combination of convenience, lifestyle, and strong rental appeal. A turnkey opportunity in a highly desirable location with excellent long-term investment potential.

1601 131st Drive NE, Lake Stevens

Listing courtesy of Ballpark Realty.

$1,400,000

2563665 MLS ⋅ ACTIVE Status

For the first time in over 20 years, this Edmonds fourplex is on the market. Tucked behind the street at the end of a private easement driveway, the property offers a setting rarely found this close to 5 Corners while remaining walkable to nearby shops and restaurants. Four matching 2x1.5 units at ~976sf each, with in-unit washer/dryers. Newer roof with added insulation and ventilation completed in 2021, carport roof replaced in 2023, full exterior repaint along with refreshed decks, railings, and new stair carpeting in 2024. This value add opportunity comes without a heavy lift, with major capital improvements already in place and no known deferred maintenance. Average rent per unit is $1,733/mo against a market average of ~$2,323/mo. The current ownership pays all water, sewer, and garbage expenses without any tenant utility bill back in place, and 8 parking spaces (4 covered) plus guest parking offer additional income potential.

8134 212th Street SW, Edmonds

Listing courtesy of KW Greater Seattle.

$969,000

2563529 MLS ⋅ ACTIVE Status

New Price! Attractive 4-plex ideally located near Hwy 99, I-5, & 405. Enjoy a desirable unit mix of 3 - 2 bed, 1 bath units and 1 - 1 bed, 1 bath unit. Recent upgrades to units 2-4 include newer flooring, newer interior paint, and partial cabinet (newer in unit 4, refreshed in units 2 & 3 with newer paint and hardware), countertop, trim, & light fixture upgrades, as well as many updated appliances. Upper units have a small deck and the lower units are adjacent to a small yard. 8 parking spaces (2 per unit!). Common laundry provides additional income. A flexible asset with the ability to immediately owner-occupy, or use as a long-term hold with good cashflow + additional upside potential through operational improvements.

15328 40th Avenue W, Lynnwood

Listing courtesy of Windermere Real Estate Co..

$1,200,000

2562974 MLS ⋅ ACTIVE Status

Exceptional value-add opportunity in the heart of Everett! This well-maintained 4-plex in Everett's Norton Grand neighborhood offers an outstanding combination of location, recent capital improvements, and future upside. Ideally situated just minutes from Providence Everett Pacific Campus, Naval Station Everett, the Everett waterfront, downtown Everett, shopping, dining, and transit, the property is well-positioned to attract strong rental demand. The building features three 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, presenting an excellent opportunity for investors or owner-occupants to lease at current market rents. Significant recent improvements include a brand-new sewer line installed in October 2025 from beneath the building to the city connection and freshly painted exterior. Throughout ownership, several units have been tastefully updated with refreshed interior paint, renovated kitchens and bathrooms, and luxury vinyl plank flooring. Additional amenities include a shared laundry room with tenant storage, a four-car carport, and convenient alley access. Further upside exists through operational efficiencies and thoughtful amenity enhancements. Financial information is based on pro forma rents and estimated expenses. Buyers should conduct their own due diligence regarding all projected financial information. Conveniently located within walking distance of downtown Everett, this is an exceptional investment opportunity with immediate and long-term potential!

3217 Norton Avenue, Everett

Listing courtesy of Columbia Partners Real Estate.

$799,950

2560187 MLS ⋅ ACTIVE Status

Excellent investment opportunity in a desirable Marysville neighborhood! This spacious duplex features two approximately 1,182-square-foot units, each offering 2 bedrooms, 2 bathrooms, an open floor plan, in-unit laundry, a private fenced yard, and its own 2-car garage. Both units also feature gas heat, gas water heaters, and gas fireplaces. Unit A has been extensively remodeled with an updated kitchen, bathrooms, flooring, and finishes, and is leased at a premium rental rate. Unit B is occupied by a reliable long-term tenant and has also seen significant recent upgrades, including new luxury vinyl plank flooring throughout, new appliances, a new gas fireplace insert, replacement of fogged windows, new blinds, new interior doors, a new gas hot water tank, new bathroom exhaust fans, and a new cedar privacy fence surrounding the yard. Pre Inspection Available. Just ask LA. The roof was installed around 2017, has been recently inspected, and was found to be in good condition. The exterior was painted approximately five years ago. Both units are occupied, with tenants contributing toward utilities, providing stable income and reduced operating expenses. Located on a quiet cul-de-sac with convenient access to shopping, schools, and commuter routes, this is a well-maintained, turnkey investment offering strong rental appeal and long-term upside.

5411 99th Place NE Unit #A/B, Marysville

Listing courtesy of HomeSmart Real Estate Assoc.

$849,888

2560184 MLS ⋅ PENDING INSPECTION Status

{50k Price Reduction, A true Must See Opportunity!} Exceptional investment opportunity with a 6.5% cap rate and no HOA! This well-maintained duplex offers strong income potential and numerous improvements throughout. Unit A was extensively updated in 2021 with interior paint, trim, doors, vanities, flooring, granite and quartz countertops, appliances, washer/dryer, and a new garage door. Unit B was enhanced in 2025 with a freshly painted kitchen and new quartz countertops, along with new granite and quartz countertops in the upstairs bathrooms. A newer washer and dryer are also included. Both units have been well cared for and offer desirable updates that appeal to tenants and owners alike. Enjoy a cozy fireplace insert, fully fenced yard, and all appliances included. Conveniently located near shopping, medical facilities, parks, and easy I-5 access. A fantastic addition to any investment portfolio with proven income potential and a highly convenient location.

18010 31st Avenue NE, Arlington

Listing courtesy of John L. Scott Arlington.

$1,499,000

2558436 MLS ⋅ ACTIVE Status

Rare opportunity, newer 2001 4-plex investment in a prime Everett location! Option to live in one unit while your tenants pay your mortgage. This well-maintained multifamily property offers an impressive 5,117 square feet of living space. The upper-level features two spacious 3-bedroom units, each offering an exceptional 1,492 square feet of living space. The ground level includes two well-designed 2-bedroom units, each with 1,066.5 square feet. Tenants also enjoy access to a large 851-square-foot, 4-car garage located at the rear of the property. Each unit has been recently refreshed with new interior paint, carpet, blinds, countertops, and hardwired smoke and carbon monoxide detectors, making this a truly turnkey investment. Conveniently located just minutes from I-5, the new YMCA, shopping, dining, and the vibrant Everett Waterfront, this property offers excellent accessibility and strong tenant appeal. With low-maintenance construction, all appliances included, and the potential for approximately a 6.4% cap rate, this is an outstanding long-term investment opportunity. Listing agent is also a property manager and can assist with future placements and management for a lower negotiated fee. Buyer to verify all information to their satisfaction.

3426 Oakes Avenue, Everett

Listing courtesy of Gilpin Realty, Inc..

$899,000

2559871 MLS ⋅ ACTIVE Status

Part of core Downtown Granite Falls, zoned commercial, grandfathered multi-family. Fully stabilized rents withlong term tenants in place. Upside available with rental increases and utility billback. All units renovated in2022, complete re-roofed in 2022 with 30 year roof. Onsite coin-op laundry. All units 2 bed/1 bath. Generous city parking.

316 S Granite, Granite Falls

Listing courtesy of Realty One Group Orca.

$1,099,995

2559003 MLS ⋅ ACTIVE Status

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. Pre Inspection Available. Just ask the Listing Agent

1309 Wildwood Street Unit #A/B/CD, Marysville

Listing courtesy of HomeSmart Real Estate Assoc.

$1,395,000

2553843 MLS ⋅ ACTIVE Status

Investor Opportunity! Existing income-producing fourplex located in Arlington’s OTBD-3, Old Town Business district. Current zoning permits multifamily apartments, townhouses, rowhouses and mixed-use development, subject to City approval and applicable parking, access, utility and development standards. Approximately 10,019-square-foot lot with eight existing parking spaces and additional site area offering potential for expansion or future redevelopment. Buyer to verify all development possibilities with the City of Arlington.

703 Broadway Street, Arlington

Listing courtesy of NextHome PNW Realty.

$999,950

2558470 MLS ⋅ ACTIVE Status

Beautifully updated split-level home offering flexibility, comfort, and income potential! Upper level features 3 bedrooms, 2 bathrooms, a stylish kitchen with quality finishes, dedicated laundry, and light-filled living spaces. The lower level includes 2 bedrooms, 1 bathroom, its own full kitchen, laundry, and a private entrance—perfect for guests, extended living, or rental income. Both levels have been thoughtfully updated with attention to detail throughout. Enjoy a spacious bonus room, a large yard filled with fruit trees, and a custom-built outdoor BBQ area—ideal for entertaining. With plenty of parking and move-in-ready appeal, this home is perfect for multi-generational living or savvy investors. Don’t miss this unique opportunity!

23116 80th Place W, Edmonds

Listing courtesy of John L. Scott, Inc..

$995,000

2558082 MLS ⋅ PENDING INSPECTION Status

Sunnyside Duplex is ready for the New Owner! Nestled on 1/2 Acre with Fully Fenced Backyards with Ton of Parking even an area designated for a RV or Boat! UNIT A - VACANT features Hardwood Entry thru Living Areas with Wall-to-Wall Carpets in Bedrooms & Den PLUS Solid Wood White Painted Doors with New Hardware! New White Blinds, Fresh Paint & New Carpeting, Black Galaxy Granite Countertops with Tile Backsplash, Great Room Design with Vaulted Ceilings Skylights, Fireplace and Slider to Entertaining Size Patio! Garage was converted to Bonus Room or Bedroom with Closets. 3 Bedrooms, 2 Bath & DEN in Unit A, Plus Garage still has above the Room Storage & Detached 12x12 Storage Shed in Backyard. UNIT B - TENTANT MOVING OUT IN SEPTEMBER Features 2 Car Garage, Heat Pump & Air-Conditioning, Detached Storage Shed, Great Room Design with Vaulted Ceiling & Skylights, Gas Fireplace, Slider to Patio, 2 Bedrooms Plus DEN, 2 Bathrooms, BUYER BONUS for Unit B prior to closing NEW PAINT & FLOORING! GREAT HWY 9, HWY 2 & I-5 Access for Commuters & 1/2 Mile from the New Soper Hill Plaza! PLUS SELLER HAS ENTITLEMENTS FOR CONDO-ing TOO!!!

6705 Sunnyside BLVD, Marysville

Listing courtesy of The Preview Group.

$895,000

2555321 MLS ⋅ ACTIVE Status

Live in one unit while the other helps pay the mortgage. This duplex on 1.31 acres offers a rare opportunity for owner-occupants or investors. Unit 2 is vacant & ready for immediate occupancy or leasing, while Unit 1 is tenant occupied, providing income from day one. Combined rental potential is approx. $4,900/mo. Unit 1 offers 2 bed, 1.5 bath, 1,018 SF, private fenced yard, wood-burning fireplace, stone counters & kitchen appliances included. Unit 2 features 3 bed, 1.5 bath, 1,330 SF, attached 1-car garage, engineered wood floors, heat pump for A/C, upgraded bath vanity, stone counters, large patio, fenced yard, utility sink & extra refrigerator. Both units include wood-burning fireplaces, laundry, & are set up for central vac. Situated on a 57,064 SF (1.31-acre) lot near Snohomish Golf Course with no HOA & located in the Snohomish School District. A versatile property with immediate income, owner-occupant flexibility & room to grow.

8115 145th Drive SE, Snohomish

Listing courtesy of RE/MAX Elite.

$850,000

2552766 MLS ⋅ ACTIVE Status

Fantastic duplex opportunity tucked away on a private dead-end street in Marysville! This well-maintained property offers two spacious units, each featuring approximately 1,376 sq. ft., 3 bedrooms, 2.5 baths, and each has their own private garage. Enjoy inviting living spaces, kitchens with eating areas, and comfortable bedrooms upstairs. Both units offer fully fenced backyard space, along with a generous front yard for added outdoor enjoyment. Numerous updates have been completed throughout the years, and the property has a history of long-term tenancy with no vacancy. Conveniently located near shopping, dining, schools, and commuter routes, this is an excellent opportunity for an investor or owner-occupant seeking income potential.

4306 92nd Street NE Unit #A & B, Marysville

Listing courtesy of Real Broker LLC.

$4,850,000

2555393 MLS ⋅ ACTIVE Status

The Cove Apartments offers investors a compelling combination of strong in-place cash flow, recent capital improvements, and long-term upside in the growing Marysville market. The property has benefited from significant interior and exterior upgrades, including renovated apartment homes, in-unit washers and dryers in every unit, fresh exterior paint, updated signage, and ample on-site parking, creating a low-maintenance investment that continues to attract tenant demand. Currently operating at a strong 6.91% in-place cap rate, The Cove delivers exceptional day-one returns while offering future rental growth potential. Its functional unit mix, proven operational performance, and recent improvements provide stability and long-term value appreciation. Conveniently located near Interstate 5, State Route 529, and State Route 9, residents enjoy easy access to major employment centers throughout Snohomish County and the greater Seattle area. Supported by strong population growth, expanding infrastructure, limited multifamily supply, and sustained economic investment across the North Puget Sound region, The Cove Apartments represents an outstanding opportunity to acquire a well-positioned, income-producing asset with both immediate cash flow and long-term investment potential.

7234 47th Avenue NE, Marysville

Listing courtesy of Paragon Real Estate Advisors.

$7,150,000

2555202 MLS ⋅ ACTIVE Status

The Nyland Apartments, a 19-unit multifamily investment opportunity located in highly desirable Edmonds, Washington. Completed in 2021, this charming residential community offers investors the rare chance to acquire a newly constructed property in one of the Puget Sound's most coveted and supply-constrained submarkets. The property sits on approximately one acre of land (51,000+ square feet) zoned for multifamily use, providing long-term flexibility and redevelopment potential in a rapidly growing suburban environment. The Nyland Apartments feature spacious units averaging 783 square feet with high-end interior finishes including: stainless steel appliances, granite countertops, vinyl flooring, and marble-inspired surfaces throughout. Residents benefit from modern living amenities such as air conditioning, in-unit washer and dryer, walk-in closets, and private patios or balconies compelling opportunity for investment.

8509 244th Street SW, Edmonds

Listing courtesy of The Preview Group.

$750,000

2553035 MLS ⋅ PENDING Status

Set on a prime .36 acre lot near Paine Field, this pristine duplex with 2-car detached garage & attractive curb-appeal is an investment gold mine with multiple streams of income & lucrative upside development opportunities. Each unit is individually metered, fully updated and move-in ready with private laundries, decks, carports & abundant driveway parking. Unit A features 727sf, 2 beds, 2 baths & is ready for immediate occupancy. Unit B boasts 832sf with 1 bed, 1 bath & a long-term tenant on a flexible month-to-month lease. The sprawling yard has plenty of space for additional buildings, unit expansions or potential subdivision. An excellent location just moments from Boeing, major highways & sought-after Mukilteo Schools.

12018 Gibson Road, Everett

Listing courtesy of Upgrade Realty.

$825,000

2527393 MLS ⋅ PENDING Status

Well-positioned Grand Ave fourplex in the heart of Everett, just minutes from the waterfront, downtown Everett, Providence, transit, restaurants, and commuter routes. Originally built in 1915 with an effective year built of 1980, the property also benefits from updated electrical and plumbing. Desirable unit mix includes two 2-bedroom units and two 1-bedroom units, with approximate unit sizes of 1,000 SF, 860 SF, 800 SF, and 650 SF. Upper units enjoy city, mountain, and territorial views. The large partially finished basement provides coin-op laundry income, individual storage lockers for each unit, a separate toilet/bathroom area, and an oversized fenced storage area with potential for additional monthly income. A clean, practical Everett multifamily asset with multiple income streams and room for continued upside. Rents are low. Roof replaced in 2019. Upgraded Electrical, Copper plumbing.

3210 Grand Avenue, Everett

Listing courtesy of Keller Williams Realty Bothell.

$2,200,000

2550638 MLS ⋅ ACTIVE Status

Investors!!! A Lucrative Airbnb Grossing +/- $16,700 per month on average. Welcome to the heart of Downtown Edmonds and this beautifully updated 1902 Victorian blending historic charm with modern comfort. Known as the “Besson House”, built by Edmonds founder FR Beeson and added to the Edmonds Historic Registry in 2024. A 2205sf, 4-bedroom, 1.75-bath home with bright and open living spaces, a cozy living room, fully equipped kitchen, spacious dining room with built-ins, main floor bedroom, and ¾ bath all opening to a backyard deck/patio perfect for entertainment overflow. 3 additional bedrooms and full bath on the second level and sweeping views of the Sound and Mountains from the third-floor “bird’s nest.” This inviting, cozy retreat features a comfortable sitting area and a rooftop deck—ideal for morning coffee or evening sunset drinks. Updates include air conditioning, a newer furnace, newer hot water tank, new water line, and much of the plumbing and electrical updated. The "Cottage" is a perfect condo alternative with 790sf, 2 Beds, 1 Bath, open living spaces, and kitchen. A prime location in the heart of the Creative District, just one block from the Main Street Fountain and Farmers Market and just steps to cafes, shops, galleries, restaurants, the Ferry, and the beach. An incredible opportunity to own a rare piece of Edmonds history!

116 4th Avenue N, Edmonds

Listing courtesy of Windermere RE North, Inc..

$525,000

2550423 MLS ⋅ PENDING Status

Thoughtfully updated Everett duplex, ideally located near the waterfront, Providence Regional Medical Center, and major transportation options. This well maintained property offers two 2 bedroom, 1 bath units with a strong and consistent rental history in one of Everett’s most reliable rental markets. Both units feature fresh interior paint and new flooring, creating a clean, move in ready environment for tenants. In unit laundry adds to the appeal: 2305 includes a washer and dryer, while 2307 offers a washer. Outside, residents enjoy an ample yard plus a shed and garage, all easily accessed from the alley. The alley frontage also presents attractive potential for adding additional dwelling units (ADUs), providing an opportunity to further increase income or expand housing options, subject to buyer verification and local zoning. With its combination of location, updates, and future development potential, this duplex is a compelling investment in Everett’s robust rental market.

2307 Rockefeller Avenue, Everett

Listing courtesy of Windermere RE North, Inc..

$870,000

2549662 MLS ⋅ ACTIVE Status

Beautifully updated duplex in a prime Lake Stevens location, offering an exceptional opportunity for investors or owner-occupants. This turnkey property boasts an impressive 6% cap rate, making it an attractive addition to any investment portfolio. Each spacious unit features a functional two-story floor plan with an open main level, including a generous living area, updated kitchen, and convenient half bath, while the upper level offers comfortable bedrooms and a full bath. Recent improvements throughout provide a fresh, modern feel, and the former carports have been converted into fully enclosed garages for added convenience, security, and storage. Each unit also enjoys a private backyard, creating a welcoming outdoor space to relax or entertain. Ideally situated just blocks from Lundeen Park, Lake Stevens, neighborhood amenities, and with easy access to I-5, Highway 9, and Frontier Village, this property offers the perfect combination of strong cash flow, modern updates, and an outstanding location.

2424 99th Avenue NE, Lake Stevens

Listing courtesy of Real Residential.

$675,000

2549267 MLS ⋅ ACTIVE Status

Excellent investment opportunity with two versatile buildings on one property! The front building is a 2-bedroom, 1-bath office space, offering flexible use for a business or potential future conversion to residential (buyer to verify with local authorities). The second building is a comfortable 3-bedroom, 1-bath residence, providing excellent rental income potential or space for multi-generational living. Whether you're looking to expand your investment portfolio, operate a business on-site, or take advantage of the property's mixed-use possibilities, this unique property offers exceptional value and opportunity. As an added bonus, the adjacent vacant lot is also available for purchase, providing even more potential for expansion or future development.

31503 US 2, Sultan

Listing courtesy of ONE Realty.

$850,000

2550406 MLS ⋅ ACTIVE Status

Rare investment and development opportunity! FOUR SEPARATE but ADJOINING tax parcels totaling approximately 11 acres offered as one package in a peaceful Gold Bar setting. Each parcel is approximately 2.6 acres and includes an existing manufactured home with power, private well, and individual septic already in place—providing immediate utility and exceptional future potential. Currently fully rented with all four homes producing $1,200/month each ($4,800/month gross), this property offers instant income while you plan for future use. Ideal for investors seeking a cash-flowing asset, builders looking for multiple homesites, or buyers wanting flexibility for multigenerational living, custom home construction, redevelopment, or a home-based business (buyer to verify all intended uses). Enjoy outstanding privacy, territorial and mountain views, and a beautiful Pacific Northwest setting just minutes from Gold Bar, with convenient access to Monroe and Stevens Pass. Recreation opportunities abound with nearby hiking, skiing, fishing, rafting, and endless outdoor adventures. Properties offering four legal parcels, existing homes, utilities in place, current rental income, and multiple future use options are exceptionally rare. Hold as an income-producing investment, improve and reposition, redevelop, or create a legacy property with multiple residences. An outstanding opportunity in a growing corridor with tremendous upside.

16527 415th Avenue, Gold Bar

Listing courtesy of eXp Realty.

$649,950

2541543 MLS ⋅ PENDING Status

Investment Opportunity in Lowell! Private & versatile triplex with additional detached two car garage tucked away in a private, serene setting within Everett’s desirable Lowell neighborhood. This accommodating triplex offers an exceptional opportunity for savvy investors! Rent all three units or live in one and rent the other two. Units are upgraded and ready for move-ins.

5305 S 3rd Avenue, Everett

Listing courtesy of New Horizon Realty LLC.

$1,150,000

2547331 MLS ⋅ ACTIVE Status

Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.

2519 Baker Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,195,000

2547568 MLS ⋅ ACTIVE Status

Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,100,000

2546295 MLS ⋅ ACTIVE Status

Rare opportunity to own a newly constructed Everett duplex structured as a condominium, offering two separately platted units with individual tax parcels. This unique setup provides flexibility for investors—hold both units for rental income or sell each independently in the future. Each unit features a bright, open-concept layout with quartz countertops, stainless steel appliances, custom cabinetry, and refined millwork. Wide-plank hardwood floors add warmth throughout the main level, while spacious, light-filled bedrooms create inviting living spaces. Private garages and modern construction ensure low-maintenance ownership and long-term value.

5610 Rockefeller Avenue Unit #2 & 3, Everett

Listing courtesy of RE/MAX Town Center.

$1,500,000

2543728 MLS ⋅ PENDING FEASIBILITY Status

INVESTOR ALERT!! VALUE IN THE LAND! 1 of a kind Rambler 4 Plex on 30K sq ft level lot.zoned UR4. Or 4 floors or 45 ft. And City does not limit units. 3 units are vacant, 1 with long term tenants. 2 of the units 3 bed 2 bath, 2 have 2 bed plus a bonus room. 1100+ sq ft. All have laundry hookups Choose to Remodel existing 4 units or develop into ??? Units. Bring your Ideas and toolbelt to this Unique piece of property.

9618 Holly Drive, Everett

Listing courtesy of HomeSmart One Realty.

$725,000

2544459 MLS ⋅ ACTIVE Status

Turnkey duplex with side-by-side units in Everett's Lowell neighborhood offering mountain, river, and territorial views in a private, peaceful setting. Each unit features 2 bedrooms, 1.5 baths, and 1,156 sq ft of thoughtfully designed living space with updated kitchens, private washer and dryer, thermal windows, and two private decks, each with outdoor storage, plus a separate larger storage area below that could be finished or used for hobbies or a workspace. Both long-term tenants are on month-to-month leases at $1,950 per side, generating $3,900 per month in gross income with a 5.36% cap rate and $38,843 NOI at the listed price. Investors will appreciate the stable income, low vacancy history, and below-market rent upside. Owner occupants can live on one side and let the other offset their mortgage. Additional parking in the rear accommodates 3 to 4 vehicles with potential RV or boat storage. Unit B will be available August 1st, making this an easy transition for an owner occupied buyer.

5113 S 4th Avenue, Everett

Listing courtesy of eXp Realty.

$715,000

2544591 MLS ⋅ PENDING INSPECTION Status

Live in one unit and let the other pay your mortgage. This classic brick duplex on a corner lot in the heart of Marysville is the house hack opportunity you have been waiting for. Flexibility of a single family home with the income potential of a two-unit property. The main residence at 805 Columbia Ave offers 3 bed/2 bath across ~1,600 sq ft with a spacious main-level layout, in-unit laundry, and a 1-car garage. Upstairs adds two bedrooms, a full bath, and a bonus room. The attached ADU at 1527 8th St offers 2 bed/1.5 bath across ~900 sq ft with its own entrance, main-level living, kitchen, and in-unit laundry. A turn-key setup for an owner-occupant ready to offset their housing costs from day one. Corner lot location puts you steps from downtown Marysville shops, dining, and services with easy access to Hwy 9 and I-5. Mature landscaping and a charming gambrel roofline give this property standout curb appeal in an established neighborhood. Buyer to verify all to own satisfaction.

1527 8th Street, Marysville

Listing courtesy of KW North Sound.

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