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$1,200,000
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Property Description
6-unit multi-family investment opportunity in Arlington. This 6-unit property offers 6,084 SF on 22,651 SF of land, with a strong in-place income. All units are 2bd1ba, 1,014 SF each. Current Proforma Revenue: $130,620 (effective 6/1/25) NOI: $90,620, Cap Rate: 5.49% Expenses: ~$40,000/year Units 4, 5 and 6 all recently renovated. New Fence constructed in 2023 in the backyard. Located in a growing Arlington area with strong rental demand. The new 2.8 million SF Amazon Fulfillment Center is just a couple minutes away. Additionally, Smokey Point Community Park, located across Smokey Point Blvd, i s under construction. See the attached offering flyer.
Full Property Details
Full Property Details for 17820 Smokey Point Blvd
General
- Sold For: $1,200,000
- Taxes: $10,647 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2366135
- Added to Site: 265 day(s) ago
Interior
- Flooring: Vinyl Plank, Carpet
Parking
- Uncovered Spaces: 16
Location
- Area: 770 - Northwest Snohomish
- County: Snohomish
- Subdivision: Smokey Point
- Building Name: Carola Addition
- Driving Directions: West from I-5 on 172nd St NE/SR 531 left on Smokey Point Blvd, left on 178th Pl NE.
School Information
- High School District: Lakewood
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Wood Products
- Foundation: Slab
- Roof: Composition
- Stories in Building: 1
- Square Feet: 6,084
- Year Built: 1969
- Property Condition: Good
Unit Information
- Units in Building: 6
Lot Features
- Lot Size (Acres): 0.52
- Lot Size (Sq. Ft.): 22,651
- Lot Size Source: County
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Zoning: Commercial, Multi-Family
Financial Considerations
- Tax Amount: $10,647
- Tax Year: 2025
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 10035000100
- Lot Number: 10
Listed by Jeff Totzek | Westland Realty | (206) 424-0777
Sold by Kevin Zellmer | Realty One Group Enterprise
Get Pre-Approved Today
Schools
Schools serving 17820 Smokey Point Blvd
School District:Lakewood School District
| Name | Grades | Distance |
|---|---|---|
Lakewood High School 17023 11th Ave NE, Arlington, WA 98223 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17820 Smokey Point Blvd
Date
Details
Price
Change
Source
7/15/2025
Sold
$1,200,000
-27.27%
MLS
4/28/2025
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
17820 Smokey Point Boulevard, Arlington, WA 98223 (MLS# 2366135) is a Multi-Family property that was sold at $1,200,000 on July 15, 2025. Want to learn more about 17820 Smokey Point Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Arlington? You can browse all Arlington real estate or contact a Coldwell Banker agent to request more information.

