Property Details
1390 Cedar Avenue
Marysville, WA 98270
$625,000
Active
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Property Overview
Prime Location: Situated in the heart of downtown Marysville, this duplex offers convenient access to shops, dining, schools, and public transportation. Possible zoning for more units. Property Features:Two spacious units, each with private entrances and paved parking.Off-street parking available for tenants.Tenant Stability: Both units are currently occupied by long-term tenants, ensuring steady rental income and minimal turnover.Investment Appeal:Strong rental history in a growing community.Ideal for investors seeking reliable cash flow.Opportunity to hold as a long-term asset in a desirable location.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Marysville
Listed
Dec 11, 2025
Original Price
$714,900
Structure Type
Duplex
Parcel Number
30052100303400
Tax & HOA
Annual Property Tax
$5,135 (2025)
Est. Monthly Tax
$428/mo
Financial Summary
Cap Rate
5.30%
Net Operating Income
$38,473
Gross Scheduled Income
$47,400
Gross Rent Multiplier
15.08
Total Expenses
$8,927
Building & Use
Building Sq Ft
2,199
Leasable Area
2,199 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
11,761 sqft
Year Built
1947
Exterior & Lot
Lot Size
0.27 sqft
Year Built
1947
Garage
1 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood, Wood Products
Community & Access
Directions
I-5 to main street exit, go east on fourth, left on state street, left on 80th, road curves to become cedar, property on left
Location
City
Marysville
County
Snohomish
Coordinates
48.06781, -122.17976
Additional Information
Tax Year
2025
Annual Taxes
$5,135
Possession
Array
Based on information submitted to the MLS GRID as of June 22, 2026 7:00 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.
