17820 Smokey Point Boulevard , Arlington, Wa 98223

WA, Arlington
$1,650,000
  • 6,084 Sqft
  • Residential Income Property Type
  • 1969 Year Built
  • Closed Status
Property Description

6-unit multi-family investment opportunity in Arlington. This 6-unit property offers 6,084 SF on 22,651 SF of land, with a strong in-place income. All units are 2bd1ba, 1,014 SF each. Current Proforma Revenue: $130,620 (effective 6/1/25) NOI: $90,620, Cap Rate: 5.49% Expenses: ~$40,000/year Units 4, 5 and 6 all recently renovated. New Fence constructed in 2023 in the backyard. Located in a growing Arlington area with strong rental demand. The new 2.8 million SF Amazon Fulfillment Center is just a couple minutes away. Additionally, Smokey Point Community Park, located across Smokey Point Blvd, i s under construction. See the attached offering flyer.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2366135
  • Price: $1,650,000
  • Square Footage: 6,084 Sqft
  • Year Built: 1969
  • Lot Area: 0.52 Acre
  • Status: Closed
  • Office Name: Westland Realty
  • Agent Name: Jeff Totzek
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood Products
  • Flooring Carpet, Vinyl Plank
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Snohomish
  • City Arlington
  • Zipcode 98223
  • Street: Smokey Point
  • Street Number: 17820
  • Street Suffix: Boulevard
  • Longitude: W123° 48' 59.2''
  • Latitude: N48° 9' 30.2''
  • Directions: West from I-5 on 172nd St NE/SR 531 left on Smokey Point Blvd, left on 178th Pl NE.
  • Mls Area Major: 770 - Northwest Snohomish
Neighborhood
  • High School District: Lakewood
Additional Information
  • Stories Total: 1
  • Possible Use: Commercial,Multi-Family
  • On Market Date: 2025-04-28
  • Number Of Units Total: 6
  • Lot Features: Paved, Curbs, Sidewalk, Corner Lot
  • Foundation Details: Slab
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 10647
Listing Information
  • List Agent Mls Id: 125741
  • List Office Mls Id: 5713
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2025-08-15T11:03:12Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-07-17T00:43:28Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

Similar Properties

MLS On The Fly