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$875,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Car Garage
  • Updated 2 days ago

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Open House: 12:00 PM - 2:00 PM

Saturday 8/8 12:00 PM - 2:00 PM

1601 131st Drive NE,Lake Stevens, WA 98258

1601 131st Drive NELake StevensWA98258

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Listed by Amanda Weis | Ballpark Realty | (360) 863-7317 and Jennifer E Price | Ballpark Realty | (360) 863-7317

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Rare Lake Stevens Duplex Investment Opportunity! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex offers exceptional flexibility and value. Each spacious unit features 3 bedrooms, 2.5 bathrooms, approximately 1,400 square feet, oversized primary suites with walk-in closets, oak cabinetry, cozy gas fireplaces, and fully fenced private yards. Capital improvements provide peace of mind, including a new furnace and new water heaters, while gutter guards help minimize exterior maintenance. The right-side unit boasts an expansive backyard complete with a patio and sprinkler system-perfect for outdoor entertaining or relaxing. Ideally located within walking distance of Lake Stevens waterfront, the popular Farmers Market, and the charm of Historic Downtown Lake Stevens, this property offers an unbeatable combination of convenience, lifestyle, and strong rental appeal. A turnkey opportunity in a highly desirable location with excellent long-term investment potential.

Full Property Details for 1601 131st Dr NE

General

  • Price: $875,000
  • Taxes: $8,095 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2563772
  • Updated: 8/3/2026
  • Added to Site: 3 day(s) ago

Interior

  • Flooring: Vinyl Plank, Carpet

Additional Information

  • Amenities: Cable TV, Fenced-Fully
  • Security/Safety: Fully Fenced

Parking

  • Garage Spaces: 4
  • Covered Spaces: 4
  • Uncovered Spaces: 4

Location

  • Area: 760 - Northeast Snohomish?
  • County: Snohomish
  • Subdivision: Lake Stevens
  • Driving Directions: GPS Is Accurate

School Information

  • High School District: Lake Stevens
  • Elementary School: Mt. Pilchuck Elem
  • Middle School: North Lake Mid
  • High School: Lake Stevens Snr Hig

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,778
  • Year Built: 1998

Unit Information

  • Units in Building: 2

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,326
  • Lot Size Source: Realist
  • Lot Features: Cul-De-Sac
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $8,095
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 29060900307000

Listed by Amanda Weis | Ballpark Realty | (360) 863-7317 and Jennifer E Price | Ballpark Realty | (360) 863-7317

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Schools serving 1601 131st Dr NE

School District:Lake Stevens School District
NameGradesDistance
Mt. Pilchuck Elementary School
12806 20th Street Northeast, Lake Stevens, WA 98258
K-50.3 mi
North Lake Middle School
2202 123rd Avenue Northeast, Lake Stevens, WA 98258
6-70.7 mi
Cavelero Mid High School
8220 24th Street Southeast, Lake Stevens, WA 98258
8-94.2 mi
Lake Stevens Sr High School
2908 113th Avenue Northeast, Lake Stevens, WA 98258
10-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1601 131st Dr NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/03/2026
Listed
$875,000
165.96%
MLS
6/01/2004
Sold
$329,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1601 131st Dr NE

Year
Property Taxes
Change
Tax Assessment
Change
2026
$8,095
6%
$848,400
8%
2025
$7,632
6%
$786,900
-3%
2023
$7,209
20%
$815,400
35%
2021
$5,985
-4%
$604,700
—
2022
$6,204
4%
$604,700
20%
2021
$5,985
4%
$505,300
—
2020
$5,781
9%
$505,300
12%
2019
$5,281
—
$452,800
6%
2018
$5,288
25%
$425,500
11%
2017
$4,237
6%
$383,400
15%
2016
$3,991
1%
$334,800
9%
2015
$3,933
7%
$306,300
15%
2014
$3,686
—
$265,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Amanda Weis | Ballpark Realty | (360) 863-7317 and Jennifer E Price | Ballpark Realty | (360) 863-7317

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1601 131st Drive NE, Lake Stevens, WA 98258 (MLS# 2563772) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1601 131st Drive NE is currently listed for $875,000 and was received on August 03, 2026. Want to learn more about 1601 131st Drive NE? Do you have questions about finding other Multi-Family real estate for sale in Lakeview East? You can browse all Lakeview East real estate or contact a Coldwell Banker agent to request more information.

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