Rare Lake Stevens Duplex Investment Opportunity! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex offers exceptional flexibility and value. Each spacious unit features 3 bedrooms, 2.5 bathrooms, approximately 1,400 square feet, oversized primary suites with walk-in closets, oak cabinetry, cozy gas fireplaces, and fully fenced private yards. Capital improvements provide peace of mind, including a new furnace and new water heaters, while gutter guards help minimize exterior maintenance. The right-side unit boasts an expansive backyard complete with a patio and sprinkler system—perfect for outdoor entertaining or relaxing. Ideally located within walking distance of Lake Stevens waterfront, the popular Farmers Market, and the charm of Historic Downtown Lake Stevens, this property offers an unbeatable combination of convenience, lifestyle, and strong rental appeal. A turnkey opportunity in a highly desirable location with excellent long-term investment potential.
Pending
Listed by: Ballpark Realty • Amanda Weis • 425-320-6197
$875,000
1601 131st Drive NE, Lake Stevens, WA 98258
6beds
6baths
2,778sqft
Duplex, Multi Family
Built in 1998
-- sqft lot
$847,900 Zestimate®
$315/sqft
$-- HOA
What's special
Cozy gas fireplacesFully fenced private yardsSprinkler systemNew furnaceExpansive backyardNew water heatersSpacious unit
- --
- on Zillow
- 334
- views
- 28
- saves
Zillow last checked:
Listing updated:
Listed by:
Amanda Weis 425-320-6197 Amanda@WeisInvestments.com,
Ballpark Realty,
Jennifer E Price 425-417-2995,
Ballpark Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2563772
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Forced Air, Electric
Cooling
- None
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,778
- Total interior livable area: 2,778 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 4
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.26 Acres
- Features: Cul-De-Sac, Cable TV, Fenced-Fully
Details
- Parcel number: 29060900307000
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Cement Planked, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1998
- Major remodel year: 1998
Utilities & green energy
- Electric: Company: PUD
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Lake Stevens
Location
- Region: Lake Stevens
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $848,400
- Annual tax amount: $8,095
- Date on market: 8/3/2026
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$847,900
$806,000 - $890,000
$2,277/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2026 | Pending sale | $875,000$315/sqft |
Source:  NWMLS as distributed by MLS GRID #2563772 Report a problem | ||
| 10/8/2026 | Listed for sale | $875,000$315/sqft |
Source: NWMLS as distributed by MLS GRID #2563772 Report a problem | ||
| 9/23/2026 | Pending sale | $875,000$315/sqft |
Source: NWMLS as distributed by MLS GRID #2563772 Report a problem | ||
| 8/3/2026 | Listed for sale | $875,000+166%$315/sqft |
Source: NWMLS as distributed by MLS GRID #2563772 Report a problem | ||
| 3/20/2017 | Listing removed | $1,750$1/sqft |
Source: Landlord Law Group, PLLC Report a problem | ||
| 3/16/2017 | Listed for rent | $1,750+9.7%$1/sqft |
Source: Landlord Law Group, PLLC Report a problem | ||
| 6/24/2015 | Listing removed | $1,595$1/sqft |
Source: Landlord Law Group, PLLC Report a problem | ||
| 6/18/2015 | Listed for rent | $1,595$1/sqft |
Source: Landlord Law Group, PLLC Report a problem | ||
| 6/4/2004 | Sold | $329,000+17.5%$118/sqft |
Source: NWMLS as distributed by MLS GRID #24057109 Report a problem | ||
| 6/12/1998 | Sold | $279,950$101/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,095 +6.1% | $848,400 +0.4% |
| 2024 | $7,632 +5.8% | $845,000 +7.4% |
| 2023 | $7,211 +4.5% | $786,900 -3.5% |
| 2022 | $6,898 +6.9% | $815,400 +34.8% |
| 2021 | $6,454 +7.8% | $604,700 +12.1% |
| 2020 | $5,985 +3.5% | $539,400 +6.7% |
| 2019 | $5,781 | $505,300 +11.6% |
| 2018 | -- | $452,800 +18.1% |
| 2017 | $5,288 +34.5% | $383,400 +14.5% |
| 2016 | $3,933 | $334,800 +9.3% |
| 2015 | $3,933 +1.4% | $306,300 +15.5% |
| 2013 | $3,879 | $265,300 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $3,311 -1% | $250,800 +10.8% |
| 2000 | $3,345 | $226,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98258
Nearby schools
Schools provided by the listing agent
- Elementary: Mt. Pilchuck Elem
- Middle: North Lake Mid
- High: Lake Stevens Snr Hig
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $999,8883 bd3 ba3.2k sqft13822 Meridian Street, Lake Stevens, WA 98258Contingent
MLS ID #2576789, Lorraine Parker. NWMLS as distributed by MLS GRID - $789,9504 bd3 ba2.8k sqftFlowing Lake Estates Div 3, Snohomish, WA 98290Active
MLS ID #2601269, Rietta Costa. NWMLS as distributed by MLS GRID - $1,100,0004 bd5 ba2.4k sqft13323 78th Street NE, Lake Stevens, WA 98258Active
MLS ID #2563472, Cathy Szechenyi. NWMLS as distributed by MLS GRID - $725,0004 bd3 ba2.1k sqftMission Ridge Div 1, Lake Stevens, WA 98258Active
MLS ID #2593811, Courtney McClasky. NWMLS as distributed by MLS GRID
