Duplex With Covered
8719 52nd Avenue NE A & B, Marysville, WA 98270
For Sale
$894,000
Pending
Both residences have single-level layouts, individual yards, and finished two-car garages.
Property Size2,586 SF
Days on Market31
Property Features for 8719 52nd Avenue NE A & B
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Tenant in Place
Building Details
Year Built
Buildings
Stories
Listing Agency:
John L. Scott Snohomish
(360) 217-8670
Listed By:
Vicki J Ellen · License #86908
(425) 754-0222
Source:
Tendhometeam
Added: Oct 8
Changed: Nov 6
Last Checked: Nov 6 at 9:43AM
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 Snohomish
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Investment Insights
Based on property information with market context.
Built in 2006, this duplex contains two single-level residences with vaulted ceilings. Each unit has three bedrooms, 1.75 baths, a finished two-car garage, a private covered deck, and its own yard. Off-street parking supplements the garage spaces.
Unit B is vacant and has been updated with luxury vinyl plank flooring, refreshed cabinetry, new appliances, and new light fixtures. Unit A is tenant occupied under a lease expiring 03/31/2027.
Unit B is vacant and has been updated with luxury vinyl plank flooring, refreshed cabinetry, new appliances, and new light fixtures. Unit A is tenant occupied under a lease expiring 03/31/2027.
Key Highlights
- Two residences, each with 3 bedrooms and 1.75 baths
- Finished 2‑car garage for each unit, plus off‑street parking
- Separate yards and covered decks for both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,108
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$862,160
$862.2K
Cap Rate 7%
$615,829
$615.8K
Cap Rate 9%
$478,978
$479.0K
Market Conditions
NOI Build-Up for 2,586 SF
Gross rent
$65.2K $25.20/SF
− Vacancy
−$3.6K −$1.39/SF
EGI
$61.6K $23.81/SF
− OpEx
−$18.5K −$7.14/SF
NOI
$43.1K $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%
$862,160
Cap Rate 7%
$615,829
Cap Rate 9%
$478,978
Alternative Uses
Best Use
Multifamily LT 5
$615.8K
$538.9K – $718.5K
NOI $43,108 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$552.6K
$483.5K – $644.7K
NOI $38,679 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$721.2K
$631.0K – $841.4K
NOI $50,483 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have single-level layouts, individual yards, and finished two-car garages.
Where is this duplex located?
The property is located at 8719 52nd Avenue NE A & B Marysville, WA.
What is the asking price?
The asking price for this property is $894,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1.75 baths; Finished 2‑car garage for each unit, plus off‑street parking; Separate yards and covered decks for both residences
