1601 131st Drive NE · Lake Stevens, WA 98258
Source: NWMLS · Ballpark Realty · Amanda Weis #NWM2563772
About this home
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.
Location
Basics
- Property type
- Multi Family
- Style
- Duplex
- Stories
- 2 stories
- Year built
- 1998
- Building area
- 2,778 sq ft
- Lot size
- 11,326 sq ft (0.26 acres)
- County
- Snohomish
- MLS #
- NWM2563772
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Vinyl Plank, Carpet
Exterior & lot
- Exterior features
- Cement Planked
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Cul-De-Sac
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 8
- Garage
- 4
- Covered spaces
- 4
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Lake Stevens
- Property tax
- $8,095 (2026)
Transaction
- Listed on
- Aug 3, 2026
- Days on market
- 48
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2004-06-04
- Sold$329,000
Schools
School district: Lake Stevens
- Elementary
- Mt. Pilchuck Elem
- Middle
- North Lake Mid
- High
- Lake Stevens Senior High SchoolSchoolDigger 4 stars · Top 24% in WA

Listing provided courtesy of: Ballpark Realty
Listing agent: Amanda Weis.
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 2026-09-01.