Updated Duplex with Attached
New
For Sale
$835,000
11727 47th Ave Ne A & B, Marysville, WA 98271
Two occupied units offer current rental income, with separate septic systems and a detached storage outbuilding.
Property Size3,090 SF
Price / SF$270.23
Days on Market5
Property Features for 11727 47th Ave Ne A & B
General Information
Standard status
Active
Size
3,090 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Amenities
detached outbuilding
washer/dryer
Building Details
Year Built
1992
Listing Agency:
KW North Sound
Listed By:
Anton Stetner · License #24133
(360) 653-1884
Source:
Heartandhomesnw
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 11 at 6:49AM
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 KW North Sound
Investment Insights
Based on property information with market context.
Built in 1992, this 3,090-square-foot duplex has two occupied units. Unit A has been remodeled and includes a bonus room; Unit B has updated flooring and an attached garage. Appliances, including the washer and dryer, are included, and a detached outbuilding adds storage. Each unit has its own septic system.
The oversized lot is framed by mature evergreens. City sewer is stubbed into the yard, and natural gas is available in the street. The property information notes possible room for a detached accessory dwelling unit, subject to buyer verification.
The oversized lot is framed by mature evergreens. City sewer is stubbed into the yard, and natural gas is available in the street. The property information notes possible room for a detached accessory dwelling unit, subject to buyer verification.
Key Highlights
- 3,090‑square‑foot duplex built in 1992
- Both units are occupied; tenants pay all utilities
- Remodeled Unit A includes a bonus room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,510
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,030,200
$1.0M
Cap Rate 7%
$735,857
$735.9K
Cap Rate 9%
$572,333
$572.3K
Market Conditions
NOI Build-Up for 3,090 SF
Gross rent
$77.9K $25.20/SF
− Vacancy
−$4.3K −$1.39/SF
EGI
$73.6K $23.81/SF
− OpEx
−$22.1K −$7.14/SF
NOI
$51.5K $16.67/SF
Area
Snohomish County, WA
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,030,200
Cap Rate 7%
$735,857
Cap Rate 9%
$572,333
Alternative Uses
Best Use
Multifamily LT 5
$735.9K
$643.9K – $858.5K
NOI $51,510 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$660.3K
$577.7K – $770.3K
NOI $46,218 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$861.7K
$754.0K – $1.01M
NOI $60,322 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Explore this area
Business Placement
Demographics for 98271, WA
32,068
Population
12,040
Households
2.7
Avg Household Size
39
Median Age
22%
College-Educated
91%
High-School Grad
45.3 sq mi
ZIP Area
708
Density / Sq Mi
$97,547
Median Household Income
$53,250
Median Earnings
$1,851
Median Rent
$483,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units offer current rental income, with separate septic systems and a detached storage outbuilding.
Where is this duplex located?
The property is located at 11727 47th Ave Ne A & B Marysville, WA.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: 3,090‑square‑foot duplex built in 1992; Both units are occupied; tenants pay all utilities; Remodeled Unit A includes a bonus room
