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Listed by Kevin Zellmer • Realty One Group Enterprise.
FOR SALE

$1,879,000

Est. $10,031/mo

Price increased $29,000 from the original $1,850,000 asking price

17820 Smokey Point Boulevard, Arlington, WA 98223

• Listed Mar 31, 2026•179 days active · 179 cumulative

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Listing Broker: Realty One Group Enterprise; Kevin Zellmer; 425-213-7880; Kevin.zellmer71@gmail.com

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Listing Broker: Realty One Group Enterprise; Kevin Zellmer; 425-213-7880; Kevin.zellmer71@gmail.com

About this home

SELLER FINANCING AVAILBLE! NEW RENOVATIONS and at Market Rate Rents after 2 units kitchen remodels & interiors, 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 and 2 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!

Property type
Single Family
Year built
1969
Interior
Not listed
Lot size
0.52 acres
Parking
None
Price / sq ft
Not listed
HeatingBaseboard
CoolingNone
Property taxes$11,400/yr (est.)
School districtLakewood

Listed by Kevin Zellmer • Realty One Group Enterprise

Listing updated: September 21, 2026 at 03:28pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2498475

Open houses

No upcoming open houses scheduled for this property.

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17820 Smokey Point Boulevard, Arlington, WA 98223

List price
$1,879,000
Down payment
$375,800

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Flooring

  • Ceramic Tile
  • Laminate
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Mortgage payment forecast

$11,451 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Realty One Group Enterprise; Kevin Zellmer; 425-213-7880; Kevin.zellmer71@gmail.com

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Market pulse

Arlington is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 73 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 21, 2026 at 03:28pm (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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