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Listed by: Kevin Zellmer (425) 213-7880 | Realty One Group Enterprise (425) 453-4597
$1,879,000
Monthly Est:$9,352
12 Beds
6 Baths
6,084sqft
17820 Smokey Point Blvd, Arlington, WA 98223
$1,879,000
$9,352/moEst:
Get Pre-Approved
Multi Family
Built in 1969
$-- HOA
22,651 sqft lot
$309/sq.ft
Description
SELLER FINANCING AVAILBLE! NEW RENOVATIONS and at Market Rate Rents after 2 units kitchen remodels & interiors, see photos! Current revenues posted & expenses are current Sept 2026. Annual Income $140,820, Expenses: 25,000/year, NOI: $115,820, Cap Rate: 6.1%. Market rate $2300 and 2 units 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 4 units of $400 each! Great opportunity to own this 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, plumbing, venting, insulation, gutters, downspouts, landscaping, exterior & interior have updated paint, flooring, carpet upgrades of Appliances in units, Hot Water tanks & items from prior year as well from Seller. Newer fencing & privacy of backyard w/ lots space for tenants. Located in a growing Arlington area with strong rental demand and Businesses. The new 2.8 million SF Amazon Fulfillment Center, Coca Cola Plant, Airport, just minutes away. Smokey Point Community Park is walking distance across the street. Huge retail Mall Plaza, Target, Costco, Retail and Restaurants just minutes away!
- Houzeo last checked: 12 hours ago
- Listing updated: September 21, 2026 at 10:28 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2498475
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1969
HOA Fees
-
Finished Area
6,084 sqft
Lot Size
22,651 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2498475
MLS Status
Active
Days on Market
185
Cumulative Days on Market
154
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Interior
Flooring
Ceramic Tile, Laminate, Vinyl Plank, Carpet
Exterior Features
Brick, Cement/concrete, Wood, Wood Products
Sewer
Sewer Connected
Heating
Baseboard
Cooling
None
Construction
Year Built
Year Built: 1969
Home type
Multi Family
Roof
Composition
Property Condition
Very Good
Foundation Details
Poured Concrete
Construction Materials
Brick, Cement, Wood
Utilities & Energy
Security Features
Partially Fenced
Water Source
Public
Other Features
Lot Features
Corner Lot, Cul De Sac, Curbs, Dead End Street, Open Space, Paved, Sidewalk
Subdivision Name
Smokey Point
Price History
| Date | Event | Price |
|---|---|---|
09/01/2026 Source: | Listed for Sale | $1,879,000 +1.57% $309/sqft |
08/01/2026 Source: | Listing Removed | $1,850,000 $304/sqft |
03/31/2026 Source: | Listed for Sale | $1,850,000 +54.17% $304/sqft |
07/17/2025 Source: | Sold | $1,200,000 $197/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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