Property Details
5506 64th Street NE
Marysville, WA 98270
$795,950
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Property Overview
Rare investment opportunity near Jennings Park on a quiet, dead-end street in Marysville. This updated duplex features two mirror-image units separated by centrally located garages, providing excellent privacy and functionality. Each unit offers forced-air heating, A/C, updated finishes, private patios, and comfortable living spaces. Recent improvements include a new roof, expanded parking, and outdoor living areas. Prior to conversion to short-term rentals, the property generated $4,885 per month in long-term rental income. Both units are now operating as successful short-term rentals with strong guest demand and existing reservations projected to generate over $24,000 in gross revenue between April and July 2026. Currently themed as “Sasquatch” and “Area 52” Airbnb experiences, the property offers a unique guest appeal while giving future owners complete flexibility to continue short-term rentals, convert back to long-term rentals, owner-occupy one unit, or redesign to fit their vision. A rare opportunity to own a turnkey duplex with proven income history, modern updates, established bookings, and multiple investment strategies in a growing Snohomish County market.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Marysville
Listed
Jun 18, 2026
Structure Type
Duplex
Parcel Number
30052700307600
Tax & HOA
Annual Property Tax
$4,961 (2026)
Est. Monthly Tax
$413/mo
Financial Summary
Cap Rate
5.70%
Net Operating Income
$45,592
Gross Scheduled Income
$58,620
Gross Rent Multiplier
13.57
Total Expenses
$12,528
Building & Use
Building Sq Ft
1,904
Leasable Area
2,432 sqft
Total Units
2
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
11,761 sqft
Year Built
1984
Exterior & Lot
Lot Size
0.27 sqft
Year Built
1984
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Dead End Street, Paved
Exterior Features
Wood Products
Community & Access
Directions
From I-5, take exit 199 and head east (4th St), Turn right (South) on 56th Dr NE, It's the last property at the end of the dead end.
Location
City
Marysville
County
Snohomish
Coordinates
48.05294, -122.15671
Additional Information
Tax Year
2026
Annual Taxes
$4,961
Possession
Array
Based on information submitted to the MLS GRID as of June 23, 2026 5:31 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.
