17820 Smokey Point Boulevard, Arlington, WA 98223
Local realty services provided by:Imagine Realty ERA Powered
Listed by: kevin zellmer
Office: realty one group enterprise
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 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!...
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Home facts
- Year built:1969
- Subdivision & Development:Smokey Point
- Listing ID #:2498475
- Updated:October 28, 2026 at 12:01 PM
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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