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Duplex with Private Yards
For Sale
$875,000

1601 131st Dr Ne, Lake Stevens, WA 98258

Two well-maintained residences offer flexible owner-occupant or rental use near Lake Stevens waterfront and downtown amenities.

Property SizeContact for details
Days on Market24

Property Features for 1601 131st Dr Ne

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,095

Amenities

gas fireplaces
private yards
patio
Listing Agency: Ballpark Realty
Listed By: Amanda Weis
Source: Exprealty
Added: Aug 3 Changed: Aug 22 Last Checked: Aug 25 at 9:24AM

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 Ballpark Realty

Investment Insights

Based on property information with market context.

This duplex at 1601 131st Dr Ne includes two residences, each with three bedrooms, two and one-half bathrooms, approximately 1,400 square feet, an oversized primary suite with walk-in closet, oak cabinetry, and a gas fireplace. Both units also have fully fenced private yards. Recent property improvements include a new furnace, new water heaters, and gutter guards. The right-side residence adds a larger backyard with a patio and sprinkler system.

The property is within walking distance of Lake Stevens waterfront, the Farmers Market, and Historic Downtown Lake Stevens. Its two-unit configuration supports either separate rental occupancy or an owner-occupant arrangement with an additional residence on site.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 2.5 bathrooms in each residence
  • Each unit measures approximately 1, 400 square feet
  • Fully fenced private yards serve both residences

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office Furniture & Home Goods Garden Center Barber Shop Daycare 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby

Demographics for 98258, WA

51,995
Population
18,397
Households
2.8
Avg Household Size
36
Median Age
32%
College-Educated
94%
High-School Grad
37.1 sq mi
ZIP Area
1,401
Density / Sq Mi
$120,571
Median Household Income
$63,208
Median Earnings
$2,187
Median Rent
$606,600
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?
Duplex - Two well-maintained residences offer flexible owner-occupant or rental use near Lake Stevens waterfront and downtown amenities.
Where is this duplex located?
The property is located at 1601 131st Dr Ne Lake Stevens, WA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 2.5 bathrooms in each residence; Each unit measures approximately 1, 400 square feet; Fully fenced private yards serve both residences
More about this property
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