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Ardivus Brivity

Sooper Dooper Guy | Template Draper

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17820 Smokey Point Boulevard , Arlington, WA 98223
$1,850,000
Est. Payment: $9,301.14/mo
12 Bed
6 Bath
6084 Sqft
Status: active | Days on site: 70
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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. Located in a Residential area making this the perfect community living. Strong tenants & income in place, still room to grow income and NOI with ZERO Vacancy! Tenants pay own Electricty, Trash & Recycle. All units are 2 bedrooms & 1 Bathroom and VERY LARGE units at 1,014 SQFT each. Recent renovations include eletrical, plumbing, venting, insulation, gutters, downspouts, landscaping, exterior & interior paint and many other items. Current Proforma Revenue: $140820 (current 2026) Expenses: 25,000/year, NOI: $115,820, Cap Rate: 6.3%. Market rate in 12-18 months $2,300+. Proforma Income $165k CAP at 7.85%! Units 4 is completed renovated with new kitchen, countertops, bathroom, appliance etc... Now rent Unit 4 $2,200 and $2300+ Market Rate in the future! Units have updated paint, flooring, carpet upgrades of Appliances, Hot Water tanks & items from 2023. Newer fencing and lots of backyard space for all 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 with playground and athletic areas. Huge retail Mall Plaza with Target, Costco, Retail and Restaurants just minutes away!

Highlights

Listed by Kevin Zellmer , 425-453-4597 Realty One Group Enterprise , 425-453-4597. Northwest Multiple Listing Service

Property Type

Multi-Family

Lot/Acreage
0.52

Year Built

1969

County

Snohomish

Area

770 - Northwest Snohomish

Neighborhood

Smokey Point

School District

Lakewood

Listing ID

2498475

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:6
  • Full Bathrooms:
Floor:Ceramic Tile,Laminate,Vinyl Plank,Carpet
Other:Public

Exterior Features

Lot:Corner Lot,Cul-De-Sac,Curbs,Dead End Street,Open Space,Paved,Sidewalk,Cable TV,Fenced-Partially,Patio,Zoning: Multi-Family
Garage Capacity:15
Zoning:Multi-Family
Roof:Composition
Others:Brick,Cement/Concrete,Wood,Wood Products,Very Good
Sewer:Sewer Connected
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$9,301
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$950

Home Price

$1,850,000

Home Price

Loan Details

30 yrs
6.445%

Interest Rate

Loan Type

Down Payment

20%
$370,000

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,301.14

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,301.14 $950.00 $0.00 $10,251.14
Yearly $111,613.66 $11,400.00 $0.00 $123,013.66
Total $3,348,409.79 $342,000.00 $0.00 $3,690,409.79
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Arlington, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-07-02T18:53:13.000Z

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