Property Details
5005 88th Street NE
Marysville, WA 98270
$1,450,000
Active
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Property Overview
Investor Alert! Well-maintained and freshly painted 4-plex in desirable Marysville with a strong rental history and consistently low vacancy. Property features two separate buildings, each with two units, offering excellent tenant appeal and added privacy. A private driveway leads to the property, creating a quiet, tucked-away setting. Each unit offers a functional and efficient layout with 2 bedrooms and 1 full bath. Spacious living areas flow easily into bright kitchen spaces, maximizing usability and comfort. In-unit washer and dryer provide convenience, while individual carports and additional storage add to long-term tenant satisfaction.Tenants enjoy generous outdoor space, including good-sized lawns and separation between units that enhances privacy—rare for multi-family properties. Ideally located near shopping, dining, schools, and major commuter routes, making it a highly attractive and stable investment. Turnkey opportunity with solid income potential in a growing area.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Central Marysville
Listed
Apr 16, 2026
Structure Type
Quadruplex
Parcel Number
30052100101400
Tax & HOA
Annual Property Tax
$7,250 (2025)
Est. Monthly Tax
$604/mo
Financial Summary
Cap Rate
3.40%
Net Operating Income
$49,478
Gross Scheduled Income
$78,380
Gross Rent Multiplier
18.50
Total Expenses
$28,902
Building & Use
Building Sq Ft
2,800
Leasable Area
2,800 sqft
Total Units
4
Zoning
Residential
Possible Use
Residential
Lot Size
30,928 sqft
Year Built
1969
Exterior & Lot
Lot Size
0.71 sqft
Year Built
1969
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Dead End Street, Paved, Secluded
Exterior Features
Wood, Wood Products
Community & Access
Directions
Gps is correct.
Location
City
Marysville
County
Snohomish
Coordinates
48.07609, -122.16338
Additional Information
Tax Year
2025
Annual Taxes
$7,250
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:08 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.
