Multifamily

Lake Stevens, WA Multifamily Properties for Sale

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Lake Stevens Multifamily Development Opportunity
Updated: Oct 1, 2024
Lake Stevens Multifamily Development Opportunity

2008 71st Ave SE, Lake Stevens, WA 98258

$385,000
29,621 sqft
Ideal for multifamily development in a rapidly growing area.
Excellent visibility and access near main roads and retail.
Essential utilities (water, electricity, sewage) are easily accessible.
Conveniently located near WA‑204 and US‑2.
Zoned MFRE (Multifamily Residential).
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Lake Stevens Development Opportunity
Updated: May 21, 2025
Lake Stevens Development Opportunity

1926 94th Drive, Lake Stevens, WA 98258

$300,000
Multi‑family development opportunity: Zoned Urban Residential (UR) with City support for a triplex.
Prime location in Lake Stevens: Desirable area with easy access to highways, schools, shopping, and the lake.
Ready to develop: Flat, cleared .21‑acre corner lot with utilities nearby.
Investment or custom build potential: Ideal for investors or build‑to‑suit housing.
High‑demand community: Growing area with strong housing needs.
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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Stevens, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Rear Access
Mixed-Use Building with Rear Access

820 Second Street, Snohomish, WA 98290

$1,800,000
2,393 sqft

Stabilized mixed-use property with office, warehouse/storage, and two apartments plus an on-site residential structure.

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Mixed-Use Development Opportunity
Mixed-Use Development Opportunity

3122 Broadway Ave, Everett, WA 98201

$890,000
265,628,880 sqft

Mixed-use development with permits ready in the heart of Everett.

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Snohomish Retail, Duplex, Parking Lot
Snohomish Retail, Duplex, Parking Lot

1200 2nd St, Snohomish, WA 98290

$1,999,995

Retail building, duplex, and parking lot in historic Snohomish.

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Double Lot Development Opportunity
Double Lot Development Opportunity

2231 Highland Avenue #15 & 16, Everett, WA 98201

$475,000

Double lot in thriving Everett, WA, with development potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Sequim Land with Panoramic Views
Sequim Land with Panoramic Views

463 Miller Road, Sequim, WA 98382

$1,199,000
9.90 AC lot

9.9 acres with saltwater, mountain, and city views.

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Secluded RV Lot with Mountain Views
Secluded RV Lot with Mountain Views

1769 Naches Wenas Road, Unit 12, Selah, WA 98942

$164,000
0.12 AC lot

Private RV lot with full hookups and resort amenities.

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Naches RV Resort Bluff-Top Lot
Naches RV Resort Bluff-Top Lot

62-1769 Naches Wenas Rd, Selah, WA 98942

$110,000

Bluff-top RV lot with full hookups and resort amenities.

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Lexington Westside Highway RV Resort
Lexington Westside Highway RV Resort

1820 West Side Hwy, Kelso, WA 98626

Contact for pricing
20.00 AC lot

Proposed 184-space RV resort with river access in Lexington.

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Off-Market Properties in Lake Stevens, WA

Consider similar Off-Market properties in Lake Stevens, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1316 91st SE Ave
MOBILE HOME PARK, TRAILER PARK

1316 91st SE Ave, Lake Stevens, WA 98258-3713

$600,000
Estimated value
1,045 sqft 9.75 AC lot
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12101 Lakeshore Dr
MOBILE HOME PARK, TRAILER PARK

12101 Lakeshore Dr, Lake Stevens, WA 98258-9506

$845,000
Estimated value
1,346 sqft 0.20 AC lot
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10227 20th St Sea
APARTMENT HOUSE (100+ UNITS)

10227 20th St Sea, Lake Stevens, WA 98258-4786

Value Estimation by Request
34,578 sqft 8.13 AC lot
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100 Davies Rd
MOBILE HOME PARK, TRAILER PARK

100 Davies Rd, Lake Stevens, WA 98258-9460

Value Estimation by Request
1,980 sqft 1.81 AC lot
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704 87th NE Ave
MOBILE HOME PARK, TRAILER PARK

704 87th NE Ave, Lake Stevens, WA 98258-2494

$555,000
Estimated value
13.04 AC lot
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14320 28th St Neph1
MOBILE HOME PARK, TRAILER PARK

14320 28th St Neph1, Lake Stevens, WA 98258-9788

Value Estimation by Request
386 sqft
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8430 15th SE Pl
MOBILE HOME PARK, TRAILER PARK

8430 15th SE Pl, Lake Stevens, WA 98258-3665

Value Estimation by Request
20.84 AC lot
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92 Sr
CAMPGROUND, RV PARK

92 Sr, Lake Stevens, WA 98258

Value Estimation by Request
0.10 AC lot
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92 Sr
CAMPGROUND, RV PARK

92 Sr, Lake Stevens, WA 98258

Value Estimation by Request
38.15 AC lot
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92 Sr
CAMPGROUND, RV PARK

92 Sr, Lake Stevens, WA 98258

Value Estimation by Request
1.00 AC lot
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Lake Stevens, WA Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Lake Stevens, WA on our real estate platform. These investment opportunities span a total of 29,621 square feet of properties for sale, with an estimated market value of $385,000.

Sale prices for multifamily properties in Lake Stevens, WA start at $385,000, averaging $385,000, and reaching up to $385,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Triplexes 1

Demographics Overview

Population 52K
Population Growth (5Y) +57.8%
Median Household Income $120,571
College Educated 42.5%

High-Yield Neighborhoods for Investment

Identify Lake Stevens submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98258 $366.7K

Taxes & Financing

Tax Rate (average for all types) 1.02%
Property Tax per SF $11.72 per SF
Tax Rate vs County Average 0.29 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Lake Stevens fall within the 10,000 to 25,000 square foot range.

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