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$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. 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.

$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.

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..

$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.

$825,000
2527393 MLS ⋅ ACTIVE 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..

$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.

$900,000
2549035 MLS ⋅ ACTIVE Status
Rare fully-renovated 4-plex offering immediate cash flow and a clear value-add path — plus a $10,000 seller credit toward closing costs or a rate buy-down, accretive to day-one returns. Three of four units are fully remodeled and turnkey — Units 505 & 507 are tenant-occupied, and Unit 503 has been completely renovated to the same standard (new cabinets, quartz counters, tile bath, LVP flooring) and is move-in ready, with multiple rental inquiries already in hand at an estimated $1,900/mo. Units 503 & 507 also feature new water heaters, with Unit 505's water heater installed in 2019 — added peace of mind on mechanicals. Once leased, projected NOI reaches approximately $50,000+ on gross scheduled income of $66,671. Unit 509 is unfinished and represents additional built-in upside: convert to a 1-bed for an estimated $1,200/mo, pushing the cap rate toward 6%+ with minimal capital outlay. Exterior fully updated — new siding, new paint, front half of roof replaced, plumbing & electrical upgrades completed. Separate legal address on Unit 509 adds flexibility for a refinance. Huge .29-acre lot, 8+ off-street parking spaces, strong Sultan rental demand. Also ideal for an owner-occupant buyer: move into vacant, fully-remodeled Unit 503 with low-down-payment FHA or VA financing and let 505 & 507 help cover the mortgage — turnkey house-hacking made easy.

507 3rd Street, Sultan

Listing courtesy of Realty One Group Orca.

$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.

$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 ⋅ ACTIVE 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.

$875,000
2542338 MLS ⋅ ACTIVE Status
DUPLEX: Rare Opportunity. Great reat investment property. Both units always rent extremely quickly and always produce wonderful renters. New 1 year leases in place. Custom Built Bayside Duplex. Front Unit boasts 3BR, 2Bath W/beautiful built in ChinaCab, Cooks Kitchen all with Mountain Views. Kitchen has SS, center island, Breakfast space, desk space and Gathering Room W/woodBurn FP. Laminate wood plank throughout. Oversized Primary W/his&hers closets. Large basement w/2car garage for front unit only. Back unit REMODELED has 2BR, Extra Large kitchen W/eating space &pantry. Great Rm Frml DR & LR W/woodBurn FP . Close to Downtown / Bus / Shops / Restaurants & park.

2516 Rockefeller Avenue Unit #A, B, Everett

Listing courtesy of Skyline Properties, Inc..

$545,000
2542840 MLS ⋅ ACTIVE Status
Well-maintained Duplex in the heart of Historic North Everett with Mountain views, offering timeless charm and strong income potential. This 2-story property features 1,518 sq ft of finished living space with two thoughtfully laid-out units. Unit A offers 2 bedrooms + office or use as 3rd bedroom and 1 bath, and convenient Washer & Dryer hook ups. Unit B offers 2 bedrooms and 1 bathroom—ideal for consistent rental demand or multi-generational living. Four off-street parking spaces provide added convenience and value for tenants and owners alike. The property’s classic character pairs seamlessly with a location that continues to perform. Just minutes from the Everett Marina, dining, shopping, and medical facilities, with easy access to major employers including Boeing, Everett Community College, and Naval Station Everett. Only 10 blocks from the future Light Rail Station! Convenient freeway access enhances daily commutes and long-term rental appeal. A rare opportunity for investors or owner-occupants seeking flexibility, location, and lasting value in a sought-after neighborhood. Upzoned to UR4. Investor Portfolio Sale! Additional property currently listed at 7945 9th Ave SW, Seattle WA 98106.

1931 McDougall Avenue, Everett

Listing courtesy of RE/MAX Elite.

$690,000
2528330 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status
Investor Alert and First Time Homebuyers! Here's your opportunity to own a wonderfully maintained 2 story duplex, appraised at $700K! Located on a dead end street, in a quiet neighborhood (primarily occupied by owners and long term renters). Live on one side, rent out the other! Each unit features 2 bedrooms, 1 full bath and 1 half bath. Vaulted ceilings, vinyl windows, & lots of natural light! Newer exterior paint, roof, covered patios and central A/C! Fully fenced backyards, plus a semi-separate side yard that could be used for one tenant or as a shared space for both tenants for a garden, kids playset, dog play yard, etc. Storage shed for one tenant or shared for both. Each unit features a very tall 1 car garage, with driveway & street parking available as well. Close to schools, parks, library, shopping, dining, YMCA, bowling, trampoline park and close to I-5 or Hwy 9 for easy commutes.

6322 49th Drive NE, Marysville

Listing courtesy of Realty One Group Orca.

$1,050,000
2540863 MLS ⋅ ACTIVE Status
Living Large in Lake Stevens~THIS IS IT!! Shy 900 Square Foot Units~2 Beds~1 & 3/4th's Baths~Open Concept Floor Plan~All Appliances Stay~Washer & Dryer Included~Fenced Yards~Greenbelt Back Drop~Garage w/ Remotes~Rambler Style Duplex~Be the Landlord of Luxury~Add Me to Your Property Portfolio~OR...Live in one Side & let the Tenant Make your Mortgage! So many Investment Opportunities to Ponder...No Worries~Leave your Tool Belt Behind~Units have been Updated & Remodeled~Top to Bottom~Stay Home & Collect the Cash!

9010 9th Place SE, Lake Stevens

Listing courtesy of Gilpin Realty, Inc..

$969,000
2539200 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..

$1,275,000
2535565 MLS ⋅ ACTIVE Status
A rare single-level duplex, plus- buildable land. Upscale - with vaulted ceilings, laminate flooring, gas heat, gas fireplaces private decks & yards, and large two-car garages for each home. One unit has a double sided gas fireplace, the other has one gas, one wood. With extra land & the highest density zoning, you could build another duplex here, or two townhomes, or split off the additional land to sell to a builder. What an opportunity for those thinking about an ADU, a compound or extra rental income. Beautifully built, set back from the street, and conveniently located near Alderwood Mall, Costco, and the Lynnwood Light Rail - this is an ideal property with an extra bonus upside potential!

3303 156th Street SW, Lynnwood

Listing courtesy of John L. Scott, Inc..

$1,150,000
2536626 MLS ⋅ ACTIVE Status
Rare generational investment opportunity in the heart of the highly sought-after Edmonds Bowl! This grandfathered triplex has been lovingly held for years and is a truly uncommon offering in one of the area's most desirable coastal communities. Multi-family properties of this caliber rarely come to market. This well-maintained property is in great condition and features updated countertops in all three units. The unit mix includes one 1-bedroom+ office/1-bath unit and two 1Bed/1Bath Unit three 2-bedroom/1-bath, providing strong rental appeal and excellent income potential. Live in one unit and rent the other two, or maximize cash flow by leasing all three units. With a strong rental history and low vacancy risk, this triplex represents a premium investment opportunity in a high-demand market. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking supplemental income. Seller will consider owner financing for qualified buyers. Ideally located within walking distance of downtown Edmonds, the waterfront, ferry terminal, beaches, restaurants, boutiques, and the popular Farmers Market. Convenient access to Highway 99, I-5, and near Boeing.

1254 8th Avenue S, Edmonds

Listing courtesy of HomeSmart One Realty.

$919,500
2539287 MLS ⋅ ACTIVE Status
Updated, fully occupied Everett duplex just 4 miles from Boeing & Paine Field! Major upgrades include new roof, gutters, and exterior paint (2022), full PEX re-pipe (2024), and widened driveway for extra parking. Unit A (3 bed, 2 bath) with 2-car garage was remodeled in 2022 with new appliances, flooring, cabinets, and surfaces. Unit B (3 bed, 1 bath) remodeled in 2025 with similar finishes. Strong rental history with stable tenants. Located 3 blocks from Madison Elementary, 1 mile to shopping/groceries, and 2 miles to Forest Park. Ideal turn-key investment with excellent location and solid updates—low maintenance, great cash flow, and no vacancy needed!

6015 Dexter Avenue Unit #A/B, Everett

Listing courtesy of HomeSmart Real Estate Assoc.

$1,019,950
2536420 MLS ⋅ ACTIVE Status
Price Improvement! Incredible value | Rental Duplex | Each unit features 3 bedrooms, 2.5 baths, and an attached 2-car garage | Phenomenal 5.74% CAP Rate!!! | Individual private yard space. Fantastic opportunity to own a high-yield investment property in Everett's prime Silverlake area with opportunity for further upside. Stable rental income from long-term tenants in both units. Buyer may offset living expenses by residing in one unit and generating rental income from the other. Each unit features a bright, open-concept main level offering a kitchen with an inviting peninsula, a spacious living room, a convenient powder room with laundry, direct access to the side-by-side 2-car garage, and a sliding glass door to a private side yard. The upper level features a primary suite with an ensuite bath, two additional bedrooms, and a full bath. Each unit also includes an additional dedicated parking pad. New roof in 2023. Newer appliances. Low-maintenance and easy to manage. Located near public transit, shopping, dining, schools, P&R, and other everyday amenities. Discreet viewing only. Showings and inspection after mutual acceptance. Listing Broker is one of the Sellers.

10431 19th Avenue SE Unit #A & B, Everett

Listing courtesy of WeLakeside.

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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