Property Details
18010 31st Avenue NE
Arlington, WA 98223
$900,000
Active
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Property Overview
Exceptional investment opportunity with a 6.5% cap rate and no HOA! This well-maintained duplex offers strong income potential and numerous improvements throughout. Unit A was extensively updated in 2021 with interior paint, trim, doors, vanities, flooring, granite and quartz countertops, appliances, washer/dryer, and a new garage door. Unit B was enhanced in 2025 with a freshly painted kitchen and new quartz countertops, along with new granite and quartz countertops in the upstairs bathrooms. A newer washer and dryer are also included. Both units have been well cared for and offer desirable updates that appeal to tenants and owners alike. Enjoy a cozy fireplace insert, fully fenced yard, and all appliances included. Conveniently located near shopping, medical facilities, parks, and easy I-5 access. A fantastic addition to any investment portfolio with proven income potential and a highly convenient location.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Arlington
Listed
Jun 17, 2026
Structure Type
Duplex
Parcel Number
00445300001103
Tax & HOA
Annual Property Tax
$6,499 (2026)
Est. Monthly Tax
$542/mo
Financial Summary
Cap Rate
6.50%
Net Operating Income
$58,303
Gross Scheduled Income
$67,800
Gross Rent Multiplier
13.30
Total Expenses
$9,877
Vacancy Rate
50.0%
Building & Use
Building Sq Ft
2,799
Leasable Area
2,799 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
11,761 sqft
Year Built
2006
Exterior & Lot
Lot Size
0.27 sqft
Year Built
2006
Garage
2 spaces
Exterior Materials
Wood
Parking
RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Dead End Street, Paved
Exterior Features
Wood
Community & Access
Directions
From 1-5 take 206 and head east. Turn left onto Smokey Point Blvd. Turn left onto 180th St NE and the duplex will be on your left. Take left at my sign. Duplex sits at the end.
Location
City
Arlington
County
Snohomish
Coordinates
48.15998, -122.18920
Additional Information
Tax Year
2026
Annual Taxes
$6,499
Possession
Array
Based on information submitted to the MLS GRID as of June 23, 2026 10:52 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.
