Investor Opportunity! Existing income-producing fourplex located in Arlington’s OTBD-3, Old Town Business district. Current zoning permits multifamily apartments, townhouses, rowhouses and mixed-use development, subject to City approval and applicable parking, access, utility and development standards. Approximately 10,019-square-foot lot with eight existing parking spaces and additional site area offering potential for expansion or future redevelopment. Buyer to verify all development possibilities with the City of Arlington.
Active
Listed by: NextHome PNW Realty • Melanie Maddy
$1,395,000
703 Broadway Street, Arlington, WA 98223
8beds
5baths
3,248sqft
Quadruplex, Multi Family
Built in 1967
-- sqft lot
$1,349,300 Zestimate®
$429/sqft
$-- HOA
What's special
Eight existing parking spaces
- 39 days
- 165
- 11
Zillow last checked:
Listing updated:
Listed by:
Melanie Maddy,
NextHome PNW Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2553843
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,248
- Total interior livable area: 3,248 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Uncovered spaces: 8
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,018 Square Feet
- Dimensions: 99 x 101
- Features: Curbs, Paved, Sidewalk, Deck
Details
- Parcel number: 00461801500900
- Zoning description: Multi-Family,Jurisdiction: City
- 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
- Very Good
- Year built: 1967
- Major remodel year: 1967
Utilities & green energy
- Electric: Company: PUD
- Sewer: Sewer Connected, Company: City of Arlington
- Water: Company: City of Arlington
Community & HOA
Community
- Subdivision: In Town - Arlington
Location
- Region: Arlington
Financial & listing details
- Price per square foot: $429/sqft
- Tax assessed value: $662,500
- Annual tax amount: $5,675
- Date on market: 7/23/2026
- Cumulative days on market: 39 days
- Listing terms: Conventional
Estimated market value
$1,349,300
$1.28M - $1.42M
$1,772/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Listed for sale | $1,395,000+238.8%$429/sqft |
Source:  NWMLS as distributed by MLS GRID #2553843 Report a problem | ||
| 3/10/2014 | Sold | $411,750-3.1%$127/sqft |
Source: NWMLS as distributed by MLS GRID #562228 Report a problem | ||
| 1/29/2014 | Pending sale | $425,000$131/sqft |
Source: RE/MAX SIGNATURE #562228 Report a problem | ||
| 11/3/2013 | Listed for sale | $425,000$131/sqft |
Source: RE/MAX SIGNATURE #562228 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,784 +1.9% | $662,500 +1.5% |
| 2024 | $5,675 -0.7% | $653,000 -1.8% |
| 2023 | $5,715 +22.5% | $665,200 +10.2% |
| 2022 | $4,665 -10.9% | $603,400 +7.6% |
| 2021 | $5,238 +6.3% | $561,000 +3% |
| 2020 | $4,926 +3% | $544,500 +3% |
| 2019 | $4,781 | $528,500 +12% |
| 2018 | -- | $472,000 +23.7% |
| 2017 | $4,594 +18.5% | $381,500 +6% |
| 2016 | $3,876 | $360,000 +17.6% |
| 2015 | $3,876 +8.1% | $306,000 +9.3% |
| 2013 | $3,584 | $280,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,864 +24.8% | $248,000 +19.2% |
| 2000 | $2,296 | $208,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Old Town
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