Exceptional investment opportunity in the heart of Marysville! This well-maintained 4-plex offers a strong 5.8% cap rate with stable cash flow and long-term upside. Annual gross rental income is $82,680, making it an ideal addition to any investment portfolio or 1031 exchange.Two units have been extensively renovated within the past two years with modern finishes, while the remaining two units are occupied by approximately 6-year tenants who have taken exceptional care of their homes, providing dependable income and low turnover. The property has been well maintained and offers investors an excellent balance of immediate returns and future value-add potential as units naturally transition over time.Conveniently located near shopping, restaurants, schools, parks, I-5, Highway 9, and major employers, this property continues to attract quality tenants in one of Snohomish County's strongest rental markets.Whether you're a seasoned investor or purchasing your first multifamily property, this is a rare opportunity to acquire a clean, professionally maintained fourplex with solid financials, stable occupancy, and room for future growth. Pre Inspection Available. Just ask the Listing Agent
35 days
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130
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6
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Zillow last checked:
Listing updated:
Listed by:
Jason Allen Stricevich,
HomeSmart Real Estate Assoc
Source: NWMLS as distributed by MLS GRID,MLS#: 2559003
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Baseboard, Electric
Cooling
None
Features
Flooring: Vinyl Plank
Has fireplace: No
Interior area
Total structure area: 3,790
Total interior livable area: 3,790 sqft
Property
Parking
Total spaces: 4
Carport spaces: 4
Uncovered spaces: 4
Features
Has view: Yes
View description: Territorial
Lot
Size: 6,534 Square Feet
Features: Cul-De-Sac, Paved, Value In Land
Details
Parcel number: 00623000001400
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: 4-Plex
Property subtype: Quadruplex, Multi Family
Materials
Wood Siding
Foundation: Poured Concrete
Roof: Composition
Condition
Year built: 1971
Utilities & green energy
Electric: Company: PUD
Sewer: Sewer Connected, Company: Marysville
Water: Public, Company: Marysville
Utilities for property: Comcast, Comcast
Community & HOA
Community
Subdivision: Central Marysville
HOA
HOA fee: $300 monthly
Location
Region: Marysville
Financial & listing details
Price per square foot: $290/sqft
Tax assessed value: $989,800
Annual tax amount: $7,784
Date on market: 7/22/2026
Cumulative days on market: 36 days
Listing terms: Conventional,FHA
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/23/2026
Listed for sale
$1,099,995+102.5%$290/sqft
Source: NWMLS as distributed by MLS GRID #2559003Report a problem