Property Details
218 10th Street
Snohomish, WA 98290
$1,550,000
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Property Overview
The 10th Street Apartments is a cash-flowing 5-unit multifamily investment opportunity in the charming, historical city of Snohomish, WA. The property features a highly desirable unit mix and full amenity packages, with each unit offering two bedrooms, one bathroom, 988 square feet of living space, in-unit washers & dryers, dishwashers, disposals, wood-burning fireplaces, private decks/patios, off-street parking stalls, and large exterior storage lockers. Over the past five years, the property has undergone significant capital improvements, including a new composition roof, Hardie plank siding, Milgard double-pane vinyl windows, and new deck coatings, all completed in 2021. Ask listing agent for marketing brochure!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Snohomish
Listed
May 19, 2026
Structure Type
Multi Family
Parcel Number
00436000200601
Tax & HOA
Annual Property Tax
$13,698 (2026)
Est. Monthly Tax
$1,142/mo
Financial Summary
Cap Rate
5.28%
Net Operating Income
$81,888
Gross Scheduled Income
$113,700
Gross Rent Multiplier
13.63
Total Expenses
$42,486
Vacancy Rate
5.0%
Building & Use
Leasable Area
4,940 sqft
Total Units
5
Zoning
Multi-Family
Possible Use
Multi-Family
Year Built
1977
Exterior & Lot
Lot Size
0.34 sqft
Year Built
1977
Exterior Materials
See Remarks
Sewer
Sewer Connected
Exterior Features
See Remarks
Community & Access
Directions
From Highway 9, Take Avenue D, Turn East on 10th Street, 218 10th Street will be on the left between Pine & McDonald Avenue
Location
City
Snohomish
County
Snohomish
Coordinates
47.92442, -122.08401
Additional Information
Tax Year
2026
Annual Taxes
$13,698
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:14 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.
