Property Details

7511 59th Drive NE
Marysville, WA 98270
$799,950
MLS# 2525331 courtesy of NWMLS Listing firm: KW North Sound

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7511 59th Drive NE, Marysville, WA 98270, Marysville

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7511 59th Drive NE, Marysville, WA 98270, Marysville

1 / 38
Multi-Family
Property Type
2,336
Bldg Sq Ft
2
Units
5.20%
Cap Rate
1996
Year Built

Property Overview

Exceptional investment opportunity in the heart of Marysville! Well-maintained duplex with a strong rental history and rare vacancy. Each spacious unit offers 3 bedrooms, 1.5 bathrooms, an attached garage, a private backyard space, and functional layouts that appeal to long-term tenants. Situated on a quiet cul-de-sac with additional off-street parking, this property offers both convenience and strong tenant appeal. Prime central location close to shopping, restaurants, schools, parks, and major commuter routes. Pride of ownership is evident throughout with numerous updates, including a full kitchen remodel in Unit B (2021), Unit B furnaces replaced (2021), Unit A furnace replaced (2015) a new hot water heater in Unit B (2021), a new roof (2021), and new fencing installed in 2023. Month-to-month tenants provide flexibility for investors or owner-occupants looking to offset their mortgage with rental income. A solid turnkey opportunity in a high-demand rental area.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Pending
County Snohomish
Neighborhood Marysville
Listed May 16, 2026
Structure Type Duplex
Parcel Number 30052700102300

Tax & HOA

Annual Property Tax $5,652 (2025)
Est. Monthly Tax $471/mo

Financial Summary

Cap Rate 5.20%
Net Operating Income $41,676
Gross Scheduled Income $52,800
Gross Rent Multiplier 15.00
Total Expenses $11,124

Building & Use

Building Sq Ft 2,336
Leasable Area 2,336 sqft
Total Units 2
Lot Size 8,276 sqft
Year Built 1996

Exterior & Lot

Lot Size 0.19 sqft
Year Built 1996
Garage 2 spaces
Exterior Materials Brick, Metal/Vinyl, Wood
Sewer Sewer Connected
Water Source Public
Lot Features Cul-De-Sac, Dead End Street, Paved
Exterior Features Brick, Metal/Vinyl, Wood Products

Community & Access

Directions East on Grove off State Avenue to 59th Drive turn right – in curve of cul-de-sac

Location

City Marysville
County Snohomish
Coordinates 48.06330, -122.15039

Additional Information

Tax Year 2025
Annual Taxes $5,652
Possession Array
Listed By
Amy Bounds
KW North Sound

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