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Listing Firm: Westland Realty: Jeff Totzek

Bought With: Realty One Group Enterprise : Kevin Zellmer

SOLD On July 15, 2025
NWMLS # 2366135

$1,200,000

  • Sold Price
  • - Beds
  • - Baths
  • 6084 Sq.ft.

17820 Smokey Point Boulevard , Arlington, WA 98223

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Buyer's Agent: Kevin Zellmer • Realty One Group Enterprise

Listed by: Jeff Totzek • Westland Realty

Aris360 Last Checked: 1 Minute Ago (Jul 25, 2025 05:00 PM)

  • Source: NWMLS as Distributed by MLS Grid #2366135

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Smokey Point
  • Zip/Postal Code: 98223
  • City: Arlington

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$3,847 per month
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Property Features

  • County
    • Smokey Point
  • Community
    • 770 - Northwest Snohomish
  • MLS Area
    • 770 - Northwest Snohomish
  • Longitude
    • -122.183552
  • Latitude
    • 48.1584
  • Project
    • Carola Addition
  • Directions
    • West from I-5 on 172nd St NE/SR 531 left on Smokey Point Blvd, left on 178th Pl NE.

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl Plank
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 1
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 16
  • Lot Description
    • Corner Lot,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Slab,
  • Elevation
    • Feet
  • Exterior
    • Wood Products
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Lot Size in Acres
    • 1

  • Condition
    • Good,
  • Building Total Area (Sq. Ft.)
    • 22651

  • High School District
    • Lakewood

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2025
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $10647
  • Year Built
    • 1969
  • Effective Year Built
    • 2000
  • Status
    • Sold
  • Project
    • Carola Addition

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Disclaimer: Based on information submitted to the MLS GRID as of Fri Jul 25 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jul 25, 2025 05:00 PM