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Stabilized Multifamily Asset in Marysville
For Sale
$5,750,000
Pending

1094 Columbia Ave, Marysville, WA 98270

Well-maintained multifamily property with high occupancy in central Marysville location.

Property SizeContact for details
Days on Market569

Property Features for 1094 Columbia Ave

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1967
Listing Agency: JOHN L. SCOTT - MUKILTEO
Listed By: JESI WILLIAMS
Source: Corcoran
Added: Jan 28, 2025 Changed: Jul 6 Last Checked: Jul 23 at 8:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOHN L. SCOTT - MUKILTEO

Investment Insights

Based on property information with market context.

Colonial Apartments presents an opportunity to acquire a fully stabilized and well-maintained multifamily asset located in Marysville. The property has maintained high occupancy in recent months, indicating strong tenant demand and professional management. The central Marysville location provides close proximity to major employers, transit corridors, and neighborhood amenities, making it a desirable location for residents. Utility buybacks were implemented mid-year 2024, introducing a new income stream.

Key Highlights

  • Fully stabilized multifamily asset with high occupancy.
  • Central Marysville location near major employers and transit.
  • Well‑maintained property.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Locksmith Electrical Service Wine and Liquor Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,415
Businesses Nearby

Demographics for 98270, WA

51,969
Population
19,840
Households
2.6
Avg Household Size
37
Median Age
23%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
3,634
Density / Sq Mi
$102,258
Median Household Income
$50,619
Median Earnings
$1,845
Median Rent
$540,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained multifamily property with high occupancy in central Marysville location.
Where is this apartment building located?
The property is located at 1094 Columbia Ave Marysville, WA.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Fully stabilized multifamily asset with high occupancy.; Central Marysville location near major employers and transit.; Well‑maintained property.
More about this property
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