PROPERTIES FOR SALE

17820 Smokey Point Boulevard Arlington, WA 98223

NWMLS Courtesy of Westland Realty
17820 Smokey Point Boulevard
Arlington, WA 98223
$1,650,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
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6-unit multi-family investment opportunity in Arlington. This 6-unit property offers 6,084 SF on 22,651 SF of land, with a strong in-place income. All units are 2bd1ba, 1,014 SF each. Current Proforma Revenue: $130,620 (effective 6/1/25) NOI: $90,620, Cap Rate: 5.49% Expenses: ~$40,000/year Units 4, 5 and 6 all recently renovated. New Fence constructed in 2023 in the backyard. Located in a growing Arlington area with strong rental demand. The new 2.8 million SF Amazon Fulfillment Center is just a couple minutes away. Additionally, Smokey Point Community Park, located across Smokey Point Blvd, i s under construction. See the attached offering flyer.

Property Features

Community: Smokey Point
5-9 Units
Exterior: Wood Products
Roof: Composition
Year Built: 1969
2025 Taxes: $10647.00
Buyer Broker Compensation: 2.5%%
Listing #: 2366135

Lot Details

Lot Size: 0.52 acres
Corner Lot
Curbs
Paved
Sidewalk
No. of Units: 6

Interior

Cooling: None
Heating: Baseboard
Electric

Schools

District: Lakewood
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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