Rockhood
$850,000List price
Pending

2424 99th Avenue NE · Lake Stevens, WA 98258

Source: NWMLS · Real Residential · Jessica Schmuland #NWM2549662

About this home

Beautifully updated duplex in a prime Lake Stevens location, offering an exceptional opportunity for investors or owner-occupants. This turnkey property boasts an impressive 6% cap rate, making it an attractive addition to any investment portfolio. Each spacious unit features a functional two-story floor plan with an open main level, including a generous living area, updated kitchen, and convenient half bath, while the upper level offers comfortable bedrooms and a full bath. Recent improvements throughout provide a fresh, modern feel, and the former carports have been converted into fully enclosed garages for added convenience, security, and storage. Each unit also enjoys a private backyard, creating a welcoming outdoor space to relax or entertain. Ideally situated just blocks from Lundeen Park, Lake Stevens, neighborhood amenities, and with easy access to I-5, Highway 9, and Frontier Village, this property offers the perfect combination of strong cash flow, modern updates, and an outstanding location.

Location

Basics

Property type
Multi Family
Style
Duplex
Stories
2 stories
Condition
Good
Year built
1991
Building area
2,400 sq ft
Lot size
18,295 sq ft (0.42 acres)
County
Snohomish
MLS #
NWM2549662

Interior

Heating
Baseboard, Wall Furnace
Cooling
None
Flooring
Vinyl Plank, Carpet

Exterior & lot

Exterior features
Wood Products
Roof
Composition
Foundation
Block
Lot features
Dead End Street, Paved
Waterfront
No

Parking

Parking spaces
4
Garage
2

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Lake Stevens
Property tax
$6,288 (2025)

Transaction

Original list price
$870,000 (2.3% price cut)
Listed on
Jul 7, 2026
Days on market
66
Listing terms
Cash, Conventional, FHA, VA Loan
Possession
Closing, Subject To Tenant Rights

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2007-04-23
Sold$390,000

Schools

School district: Lake Stevens

High
Lake Stevens Senior High School
SchoolDigger 4 stars · Top 24% in WA

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Listing provided courtesy of: Real Residential

Listing agent: Jessica Schmuland.

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 2026-09-12.