Courtesy: NextHome PNW Realty
360-631-0425
Melanie Maddy
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.
Courtesy: Realty One Group Enterprise
425-453-4597
Kevin Zellmer
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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Arlington is located in Washington. Arlington, Washington has a population of 19,832. Arlington is more family-centric than the surrounding county with 38.72% of the households containing married families with children. The county average for households married with children is 35.29%.
The median household income in Arlington, Washington is $87,708. The median household income for the surrounding county is $95,618 compared to the national median of $69,021. The median age of people living in Arlington is 39.2 years.
The average high temperature in July is 73.9 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 41.5 inches per year, with 4.9 inches of snow per year.
