Property Details
6920 Armar Road
Marysville, WA 98270
$699,000
Active
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Property Overview
Incredible Marysville Investment Opportunity! One side is completely move in ready, while you rent the other side out! This well-maintained duplex offers the perfect blend of stability and sweat equity. You can purchase this property for as little as 3.5% down and possibly use an accelerated cost segregation to increase tax deductions! Each unit features a spacious 3-bedroom, 1.5-bathroom layout, including a clever garage conversion that provides a third bedroom while still retaining ample storage space in the remaining garage area. Recent capital improvements provide peace of mind, including a brand-new roof and fresh exterior touch-ups. One unit has been recently spruced up with new interior paint, making it move-in ready for an owner-occupant or a new tenant at market rent. The other side is already occupied, providing immediate cash flow. Both units enjoy impressively large, private backyards—perfect for gardening, pets, or entertaining. Whether you're looking to start your portfolio or move into one side and let the neighbor pay your mortgage, this is the one!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Downtown
Listed
May 8, 2026
Original Price
$725,000
Structure Type
Duplex
Parcel Number
30052800110500
Tax & HOA
Annual Property Tax
$4,382 (2026)
Est. Monthly Tax
$365/mo
Financial Summary
Cap Rate
4.07%
Net Operating Income
$29,538
Gross Scheduled Income
$39,600
Gross Rent Multiplier
18.30
Total Expenses
$10,062
Vacancy Rate
1.0%
Building & Use
Building Sq Ft
2,100
Leasable Area
2,628 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
5,227 sqft
Year Built
1979
Exterior & Lot
Lot Size
0.12 sqft
Year Built
1979
Garage
1 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Exterior Features
Wood
Community & Access
Directions
GPS is correct. Shared driveway to two duplexes. Duplex is first on your left.
Location
City
Marysville
County
Snohomish
Coordinates
48.05886, -122.16291
Additional Information
Tax Year
2026
Annual Taxes
$4,382
Possession
Array
Based on information submitted to the MLS GRID as of June 5, 2026 1:00 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.
