4617 80th Street NE, Marysville, WA 98270
- $1,105,000
- 4,608
- SqFt
Listing courtesy of KW Everett. Selling Office: Keller Williams Rlty Bellevue.
- Sold Price
- $1,105,000
- List Price
- $1,099,000
- Status
- SOLD
- MLS#
- 2515404
- Closing Date
- Jun 17, 2026
- Days on Market
- 8
- Style
- 54 - 4-Plex
- Finished SqFt
- 4,608
- Area Total SqFt
- 4608
- Annual Tax Ammount
- 7554
- Lot Size (sq ft)
- 16,117
- Sewer
- Sewer Connected
Property Description
Exceptional turnkey investment in Marysville! This fully occupied 4-unit quadruplex sits on 0.37 acres (16,117 sq ft) zoned R18MFM — with room to add 2 more units, the upside is significant. Same owner since 2001 with a proven 23-year track record of stable ownership. Capital improvements done: new roof, fresh interior & exterior paint , updated flooring , new doors on all units, and new appliances in unit 2. Each spacious unit features 2 bedrooms and 1.5 baths, carpeted bedrooms in 3 units for added comfort, 2 dedicated parking spaces per unit, and a private backyard — a rare amenity in multifamily that drives tenant retention and commands premium rents. Four units across 4,608 sq ft with additional rear parking and dedicated back storage per unit. Minutes from transit, shopping, and dining in one of Snohomish County's fastest-growing communities. Flood Zone X — no flood insurance required. This property is 1031 exchange eligible, making it an ideal replacement property for investors looking to defer capital gains and upgrade their portfolio. Fully rented. Capital-improved. Expansion-ready. In a high-demand market with strong rental fundamentals — turnkey today, value-add tomorrow. Don't miss it.
Additional Information
- List Date
- 2026-06-09 00:00:00
- Community
- Marysville
- Net Operating Income
- $1,070,218
- Gross Adjusted Income
- $1,087,632
- Gross Scheduled Income
- $1,087,632
- Total Monthly Income
- $7,553
- Insurance Expenses
- $3,167
- Water/Sewer/Garbage Expenses
- $5,909
- Gross Rent Multiplier
- 1
- Total Expenses
- $17,414
- Cap Rate
- 6.5600000000000005
- Total Number of Units
- 4
- Unit Name
- 4617
- Potential Terms
- Cash, Conventional
- Year Built
- 1980
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Patio
- Electric Expenses
- 702
- Other Expenses
- 82
- Energy Source
- Electric
- School District
- Marysville
- Elementary School
- Pinewood Elem
- Middle School
- Totem Mid Sch
- High School
- Marysville Pilchuck
- Total Monthly Income
- $7,553
- Gross Scheduled Income
- $1,087,632
- Gross Adjusted Income
- $1,087,632
- Tax Year
- 2025
- Insurance Expense
- $3,167
- W/S/G Expenses
- $5,909
- Total Expenses
- $17,414
- Net Operating Income
- $1,070,218
- Gross Rent Multiplier
- 1
- Cap Rate
- 6.5600000000000005
Based on information submitted to the MLS GRID as of . 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 noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.