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Listed by: Mike Novak (360) 393-0396 , Rachael Novak (360) 393-1475 | Real Broker LLC (855) 450-0442
$999,900
Monthly Est:$4,977
6 Beds
6 Baths
3,012sqft
11243 30th Street NE, Lake Stevens, WA 98258
$999,900
$4,977/moEst:
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Duplex
Built in 2010
$-- HOA
11,326 sqft lot
$332/sq.ft
Description
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 Stevens 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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 29, 2026 at 12:24 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2572714
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
2010
HOA Fees
-
Finished Area
3,012 sqft
Lot Size
11,326 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2572714
MLS Status
Pending Inspection
Days on Market
25
Cumulative Days on Market
24
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Interior
Exterior Features
Cement Planked, Wood
Heating
Forced Air
Sewer
Sewer Connected
Cooling
None
Flooring
Bamboo/cork, Ceramic Tile, Vinyl Plank, Carpet
Construction
Year Built
Year Built: 2010
Home type
Duplex
Construction Materials
Cement Plank, Wood
Foundation Details
Poured Concrete
Property Condition
Very Good
Roof
Composition
Utilities & Energy
Water Source
Public
Security Features
Fully Fenced
Other Features
Lot Features
Curbs, Paved
Subdivision Name
Lake Stevens
Price History
| Date | Event | Price |
|---|---|---|
09/29/2026 Source: | Pending | $999,900 $332/sqft |
09/08/2026 Source: | Listed for Sale | $999,900 +189.83% $332/sqft |
01/01/2012 Source: | Sold | $345,000 $115/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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