Property Details
1309 Wildwood Street #A/B/CD
Marysville, WA 98270
$1,099,995
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Property Overview
Exceptional investment opportunity in the heart of Marysville! This well-maintained 4-plex offers a strong 5.8% cap rate with stable cash flow and long-term upside. Annual gross rental income is $82,680, making it an ideal addition to any investment portfolio or 1031 exchange.Two units have been extensively renovated within the past two years with modern finishes, while the remaining two units are occupied by approximately 6-year tenants who have taken exceptional care of their homes, providing dependable income and low turnover. The property has been well maintained and offers investors an excellent balance of immediate returns and future value-add potential as units naturally transition over time.Conveniently located near shopping, restaurants, schools, parks, I-5, Highway 9, and major employers, this property continues to attract quality tenants in one of Snohomish County's strongest rental markets.Whether you're a seasoned investor or purchasing your first multifamily property, this is a rare opportunity to acquire a clean, professionally maintained fourplex with solid financials, stable occupancy, and room for future growth. Pre Inspection Available. Just ask the Listing Agent
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Central Marysville
Listed
Jul 23, 2026
Structure Type
Quadruplex
Parcel Number
00623000001400
Tax & HOA
Annual Property Tax
$7,784 (2025)
Est. Monthly Tax
$649/mo
HOA Fee
$300/monthly
Financial Summary
Cap Rate
5.80%
Net Operating Income
$63,896
Gross Scheduled Income
$82,680
Gross Rent Multiplier
13.30
Total Expenses
$18,784
Building & Use
Building Sq Ft
3,790
Leasable Area
3,790 sqft
Total Units
4
Lot Size
6,534 sqft
Year Built
1971
Exterior & Lot
Lot Size
0.15 sqft
Year Built
1971
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Paved, Value In Land
Exterior Features
Wood
Community & Access
Directions
From I-5 N,take exit 199 for 528 E, turn right onto 4th St, Turn left onto Cedar Ave, Turn right onto Wildwood St, home on left
Location
City
Marysville
County
Snohomish
Coordinates
48.06440, -122.17968
Additional Information
Tax Year
2025
Annual Taxes
$7,784
Possession
Array
Based on information submitted to the MLS GRID as of August 2, 2026 11:15 PM. 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.
