Rockhood
$1,879,000List price
Active

17820 Smokey Point Boulevard · Arlington, WA 98223

Source: NWMLS · Realty One Group Enterprise · Kevin Zellmer #NWM2498475

About this home

NSELLER FINANCING AVAILBLE! EW RENOVATIONS and at Market Rate Rents after 2 units kitchen remodels, see photos! Current revenues posted & expenses are current Sept 2026. Annual Income $140,820, Expenses: 25,000/year, NOI: $115,820, Cap Rate: 6.1%. Market rate $2300 & 2 of the 6 units have all new kitchens cabinets, granite countertops, under cabinet and counter lighting & appliances, flooring, bathroom updates. Proforma Income $165k CAP at 7.85%! Strong tenants & income in place, still room to increase rents 4 units of $400 each! Great opportunity to own this renovated 6-unit multi-family investment in Marysville/Arlington that offers 6,084 SF on 22,651 SF of land partially fenced with private patios for each unit with 15 parking spaces. Tenants pay their own Electricity, Trash & Recycle. All units are 2 bedrooms & 1 Bathroom 1,014 SQFT each. Recent renovations include electrical, plumbing, venting, insulation, gutters, downspouts, landscaping, exterior & interior  have updated paint, flooring, carpet upgrades of Appliances in units, Hot Water tanks & items from prior year as well from Seller. Newer fencing & privacy of backyard w/ lots space for tenants. Located in a growing Arlington area with strong rental demand and Businesses. The new 2.8 million SF Amazon Fulfillment Center, Coca Cola Plant, Airport, just minutes away. Smokey Point Community Park is walking distance across the street. Huge retail Mall Plaza, Target, Costco, Retail and Restaurants just minutes away!

Location

Basics

Property type
Multi Family
Style
5-9 Units
Stories
1 story
Condition
Very Good
Year built
1969
Building area
6,084 sq ft
Lot size
22,651 sq ft (0.52 acres)
County
Snohomish
MLS #
NWM2498475

Interior

Heating
Baseboard
Cooling
None
Flooring
Ceramic Tile, Laminate, Vinyl Plank, Carpet

Exterior & lot

Exterior features
Brick, Cement/Concrete, Wood, Wood Products
Roof
Composition
Foundation
Poured Concrete
Lot features
Corner Lot, Cul-De-Sac, Curbs, Dead End Street, Open Space, Paved, Sidewalk
Waterfront
No

Parking

Parking spaces
15

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Smokey Point
Property tax
$11,400 (2025)

Transaction

Original list price
$1,850,000 (1.6% increase)
Listed on
Mar 31, 2026
Days on market
141
Listing terms
Cash, Conventional
Possession
Closing

More homes nearby

Schools

School district: Lakewood

High
Lakewood High School
SchoolDigger 1 star · Top 74% in WA

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Listing provided courtesy of: Realty One Group Enterprise

Listing agent: Kevin Zellmer.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-18.