17820 Smokey Point Boulevard, Arlington, WA 98223

Arlington
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: kevin zellmer
Office: realty one group enterprise425-453-4597
MLS#:2498475
Source:NWMLS
17820 Smokey Point Boulevard,Arlington, WA 98223
$1,879,000
  • - Beds
  • - Baths
  • 6,084 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,879,000
  • Price per sq. ft.:$308.84

About this home

SELLER FINANCING AVAILBLE! NEW RENOVATIONS for a three units have now been completed and are at Market Rate rents. Still 3 units for increase in monthly rent over $350+ kitchen remodels & interiors, see photos! Current revenues posted & expenses are current Sept 2026. Annual Income $145,920, Expenses: $25,000/year, NOI: $120,920, Cap Rate: 6.45%. Market rate $2250-$2300 s have all new kitchens cabinets, granite countertops, under cabinet and counter lighting & appliances, flooring, bathroom updates. Proforma Income $165k CAP at 7.85%! Strong tenants & income in place, still room to increase rents of the 3 units and even grow income with smaller renovations. Great 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. Tenants pay their own Electricity, Trash & Recycle. All units are 2 bedrooms & 1 Bathroom 1,014 SQFT each. Recent renovations include electrical,...

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Home facts

  • Year built:1969
  • Subdivision & Development:Smokey Point
  • Listing ID #:2498475
  • Updated:November 13, 2026 at 01:28 AM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile Floor, Laminate, Vinyl Plank
  • Living area:6,084 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1969
  • Building area:6,084 sq. ft.
  • Lot area:0.52 Acres
  • Lot Features:Corner, Cul-De-Sac, Curbed Lot, Dead-end Street, Open Space, Paved, Sidewalk
  • Construction Materials:Brick Exterior Finish, Cement/Concrete Exterior Finish, Wood Exterior Finish, Wood Products Exterior Finish
  • Exterior Features:Fenced-Partially, Patio

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,879,000
  • Price per sq. ft.:$308.84
  • Tax amount:$11,400 (2025)

Features and amenities

  • Amenities:Cable TV

Parking

  • Total parking spaces:15
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