Property Details
9719 5th Street NE
Lake Stevens, WA 98258
$725,000
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Property Overview
Rare Owner-Occupant Duplex Opportunity! Welcome NE Lake Stevens—an exceptional opportunity to own a fully updated duplex on one side , while generating rental income. The larger 3-bedroom, 1-bath unit with a 2-car garage is vacant and move-in ready, qualified buyers to take advantage of owner-occupied financing little as 0% down. Live in one unit and let rental income from the occupied 2-bedroom, 1-bath unit with a 1-car garage help offset your mortgage.Recent updates include a new roof, new interior and exterior paint, new flooring, new trim, new soft-close kitchen cabinets, quartz countertops, new kitchen sink, new bathroom vanity and countertop, new door hardware, new stove/range, hood vent, dishwasher, refrigerator, and an additional refrigerator in the garage. Both units feature private yards and attached garages, providing added convenience and tenant appeal.Located on a quiet cul-de-sac near Frontier Village shopping, restaurants, parks, and beautiful Lake Stevens waterfront recreation. Enjoy easy access to Highway 9, Highway 2, Everett, Boeing, and I-5, making commuting a breeze. Situated within the highly regarded Lake Stevens School District. Why buy a single-family home own a duplex and have rental income help pay your mortgage? Whether you're a first-time homebuyer, house hacker, or investor, this turnkey property offers an incredible opportunity to build equity, create passive income, and enjoy homeownership in one of Lake Stevens' most desirable neighborhoods.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Lake Stevens
Listed
Jun 9, 2026
Structure Type
Duplex
Parcel Number
00662100001000
Tax & HOA
Annual Property Tax
$5,578 (2025)
Est. Monthly Tax
$465/mo
Financial Summary
Cap Rate
0.18%
Net Operating Income
$13,308
Gross Scheduled Income
$19,800
Gross Rent Multiplier
0.36
Total Expenses
$6,492
Building & Use
Building Sq Ft
1,780
Leasable Area
1,780 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
10,454 sqft
Year Built
1977
Exterior & Lot
Lot Size
0.24 sqft
Year Built
1977
Garage
3 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Community
Lot Features
Corner Lot, Cul-De-Sac, Paved, Sidewalk
Exterior Features
Wood Products
Community & Access
Directions
Take WA-9 / State Route 9 north or south depending on your starting point. Turn onto Soper Hill Rd, then head toward 5th St NE. Property is located at 9719 5th Street NE, Lake Stevens, WA 98258. Look
Location
City
Lake Stevens
County
Snohomish
Coordinates
48.00091, -122.10040
Additional Information
Tax Year
2025
Annual Taxes
$5,578
Possession
Array
Based on information submitted to the MLS GRID as of June 10, 2026 4:00 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.
