Property Details

515 Avenue D
Snohomish, WA 98290
$799,950
MLS# 2537763 courtesy of NWMLS Listing firm: Pellego, Inc.

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515 Avenue D , Snohomish, WA 98290, Snohomish

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515 Avenue D , Snohomish, WA 98290, Snohomish

1 / 37
Multi-Family
Property Type
2,436
Bldg Sq Ft
2
Units
5.40%
Cap Rate
1927
Year Built

Property Overview

Rare opportunity to own a duplex in the heart of Snohomish! Located across from Snohomish High School and within walking distance of local shops, restaurants, and Historic Downtown Snohomish, this property offers both convenience and long-term value. Fully occupied, the upper unit features 3bd/1ba and over 1,400 square feet across two levels, complete with walk-in closets, dedicated laundry room, formal living and dining areas, and mountain views. The lower unit is a renovated 2bd/1ba unit with a private outdoor space. Recent improvements include new siding, exterior paint, windows, fencing, and professional landscaping, providing excellent curb appeal and reduced maintenance for years to come. Perfect for an investor seeking stable rental income or an owner-occupant looking to offset mortgage costs. Available for the first time in more than 20 years, this is a rare chance to own a well-maintained duplex in one of Snohomish County's most desirable and growing communities. Seller financing may be available.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Snohomish
Neighborhood In Town – Snohomish
Listed Jun 10, 2026
Structure Type Duplex
Parcel Number 00444300302600

Tax & HOA

Annual Property Tax $5,207 (2026)
Est. Monthly Tax $434/mo

Financial Summary

Cap Rate 5.40%
Net Operating Income $43,173
Gross Scheduled Income $53,340
Gross Rent Multiplier 15.00
Total Expenses $10,167

Building & Use

Building Sq Ft 2,436
Leasable Area 2,436 sqft
Total Units 2
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 3,485 sqft
Year Built 1927

Exterior & Lot

Lot Size 0.08 sqft
Year Built 1927
Exterior Materials Cement Plank
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Curbs, Sidewalk
Exterior Features Cement Planked

Community & Access

Directions North on Hwy 9, 2nd St exit, left on Avenue D, property on right. South on Hwy 9, exit roundabout onto Avenue D, property on left.

Location

City Snohomish
County Snohomish
Coordinates 47.91823, -122.09783

Additional Information

Tax Year 2026
Annual Taxes $5,207
Possession Array
Listed By
Chris Piotrowski
Pellego, Inc.

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