We are pleased to present The Armar in Marysville, WA. This 1968 vintage asset features 11 large, partially renovated townhome units averaging 1134 SF. There are 10, 2-bedroom 1.5-bathroom units and 1, 2-bedroom 1-bathroom unit. Unit interiors feature value add potential with laminated vinyl plank flooring, new lighting fixtures, and refaced cabinets. There is potential to increase the in-place NOI by capturing a 13% delta between current and market rents. The Armar provides an excellent opportunity for an investor to acquire a stabilized asset with large units in a landlord friendly submarket.
Sold
Listed by: Northmarq Multifamily, LLC • Brendan Greenheck
Bought with: Kelly Right RE of Seattle LLC
$2,636,500
6511 Armar Road, Marysville, WA 98270
22beds
21baths
--sqft
Multi Family
Built in 1968
-- sqft lot
$2,582,200 Zestimate®
$--/sqft
$2,123 Estimated rent
Home value
$2,582,200
$2.40M - $2.79M
$2,123/mo
Zestimate® history
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$2,123/mo
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$2,123/mo
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$15,916/mo
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$15,916/mo
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List your homeWhat's special
Partially renovated townhome unitsLarge unitsNew lighting fixturesLaminated vinyl plank flooringRefaced cabinets
Zillow last checked:
Listing updated:
Listed by:
Brendan Greenheck,
Northmarq Multifamily, LLC
Bought with:
Ram Thiru, 116925
Kelly Right RE of Seattle LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2316705
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 21
Heating
- Baseboard, Geothermal
Cooling
- None
Features
- Flooring: Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 19
- Parking features: Open
- Carport spaces: 12
- Uncovered spaces: 7
Lot
- Size: 0.68 Acres
- Features: Paved, Patio
Details
- Parcel number: 30052800402100
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Roof: Composition
Condition
- Year built: 1968
- Major remodel year: 1968
Utilities & green energy
- Sewer: Available
Community & HOA
Community
- Subdivision: Marysville
Location
- Region: Marysville
Financial & listing details
- Annual tax amount: $22,188
- Date on market: 1/14/2025
- Cumulative days on market: 554 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2025 | Sold | $2,636,500-10.6% |
Source:  NWMLS as distributed by MLS GRID #2316705 Report a problem | ||
| 6/2/2025 | Pending sale | $2,950,000 |
Source: NWMLS as distributed by MLS GRID #2316705 Report a problem | ||
| 5/2/2025 | Price change | $2,950,000-4.8% |
Source: NWMLS as distributed by MLS GRID #2316705 Report a problem | ||
| 12/14/2024 | Listed for sale | $3,100,000+17.6% |
Source: NWMLS as distributed by MLS GRID #2316705 Report a problem | ||
| 11/19/2021 | Sold | $2,635,000+9.8% |
Source: NWMLS as distributed by MLS GRID #1854292 Report a problem | ||
| 10/30/2021 | Pending sale | $2,400,000 |
Source: NWMLS as distributed by MLS GRID #1854292 Report a problem | ||
| 10/15/2021 | Listed for sale | $2,400,000 |
Source: NWMLS as distributed by MLS GRID #1854292 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 98270
Nearby homes
- $1,095,0002 bd1 ba984 sqft6506 Armar Rd, Marysville, WA 98270Pending
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- $650,0003 bd2 ba2k sqft6406 Armar Rd, Marysville, WA 98270Sold
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Nearby schools
GreatSchools rating
- 5/10Liberty Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Marysville Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Marysville Getchell High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Liberty Elem
- Middle: Marysville Mid
- High: Marysville Getchell High
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.
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Estimated market value
$2,582,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,582,200
- Washington
- Snohomish County
- Marysville
- 98270
- 6511 Armar Road
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