Property Details
602 604 Redwood Lane
Sedro Woolley, WA 98284
$695,000
Pending
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Property Overview
Awesome Duplex Investment !! Two well-maintained 3-bed/1.75 bath units on a quiet lane just minutes from Historic Downtown Sedro-Woolley, schools, parks, and SR-20. Strong rental appeal: mirrored floor plans with bright living rooms, efficient kitchens, in-unit laundry, skylights and private entrances for each side. Updates include durable flooring, modern fixtures ,up-dated pex plumbing , energy-efficient windows for lower utility costs and easy ownership. Flat, useable lot with off-street parking for both units, fenced backyard areas, and room for a garden, play space, or pet run. Live in one side and rent the other, add to your portfolio, or 1031 into a stable, low-maintenance asset. Minutes to hiking and river access, 15 min to Burlington/Costco/I-5, and an easy commute to Mount Vernon and employment hubs. City utilities, separately metered power, and reliable rental history support attractive cash flow and long-term appreciation. Shown by appointment—please respect tenant privacy.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Skagit
Neighborhood
Sedro Woolley
Listed
Jul 11, 2026
Structure Type
Duplex
Parcel Number
P107860
Tax & HOA
Annual Property Tax
$5,558 (2026)
Est. Monthly Tax
$463/mo
Financial Summary
Cap Rate
5.00%
Net Operating Income
$34,772
Gross Scheduled Income
$46,920
Gross Rent Multiplier
14.80
Total Expenses
$12,148
Building & Use
Building Sq Ft
3,096
Leasable Area
3,096 sqft
Total Units
2
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
10,454 sqft
Year Built
1996
Exterior & Lot
Lot Size
0.24 sqft
Year Built
1996
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Water Source
Public
Lot Features
Dead End Street, Paved
Exterior Features
Cement Planked
Community & Access
Directions
Hwy20 to Township, S on Township E on Wicker S on Redwood , Duplex is at the end of road.
Location
City
Sedro Woolley
County
Skagit
Coordinates
48.50645, -122.22261
Additional Information
Tax Year
2026
Annual Taxes
$5,558
Possession
Array
Based on information submitted to the MLS GRID as of August 2, 2026 5:00 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.
