Property Details
1262 Cedar Avenue #1-4
Marysville, WA 98270
$1,200,000
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Property Overview
Sought after turnkey Marysville 4 plex. Pride of ownership and quality neighborhood is evident. All 4 units are 2 bedrooms, 1 bathroom, 948 square feet with 1 car carports. These units live like private homes. All units are individually addressed and individually metered for power. HOA fee covers garbage & lawn maintenace. Turnkey with lots of potential. All units have been updated. Unit 4 renovation was completed in April 2026. A new roof is being installed May 2026.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Central Marysville
Listed
May 8, 2026
Structure Type
Quadruplex
Parcel Number
00623000000100
Tax & HOA
Annual Property Tax
$6,614 (2025)
Est. Monthly Tax
$551/mo
HOA Fee
$250/monthly
Financial Summary
Cap Rate
5.90%
Net Operating Income
$70,403
Gross Scheduled Income
$86,580
Gross Rent Multiplier
13.80
Total Expenses
$16,177
Building & Use
Building Sq Ft
3,790
Leasable Area
2,790 sqft
Total Units
4
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
7,841 sqft
Year Built
1968
Exterior & Lot
Lot Size
0.18 sqft
Year Built
1968
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Wood
Community & Access
Directions
I-5 to Marysville 4th st. North on Cedar, unit is on right
Location
City
Marysville
County
Snohomish
Coordinates
48.06340, -122.17995
Additional Information
Tax Year
2025
Annual Taxes
$6,614
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:09 AM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
