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Listed by Heidi Bardue • Real Property Associates.
FOR SALE

$1,200,000

Est. $6,647/mo

3,790 sq ft

1262 Cedar Avenue #1-4, Marysville, WA 98270

• Listed May 8, 2026•79 days active · 79 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Real Property Associates; Heidi Bardue; 425-954-7661; hbardue@rpare.com

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Listing Broker: Real Property Associates; Heidi Bardue; 425-954-7661; hbardue@rpare.com

About this home

Sought after turnkey Marysville 4 plex. Pride of ownership and quality neighborhood is evident. All 4 units are 2 bedrooms, 1 bathroom, 948 square feet with 1 car carports. These units live like private homes. All units are individually addressed and individually metered for power. HOA fee covers garbage & lawn maintenace. Turnkey with lots of potential. All units have been updated. Unit 4 renovation was completed in April 2026. A new roof is being installed May 2026.

Property type
Single Family
Year built
1968
Interior
3,790 sq ft
Lot size
0.18 acres
Parking
None
Price / sq ft
$317
HeatingBaseboard, Wall Furnace
CoolingNone
Property taxes$6,614/yr (est.)
HOA dues$250/mo
School districtMarysville

Listed by Heidi Bardue • Real Property Associates

Listing updated: September 21, 2026 at 09:27am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2519620

Around this home

RexMont OfferEdge™

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1262 Cedar Avenue #1-4, Marysville, WA 98270

List price
$1,200,000
Down payment
$240,000

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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

Layout

  • 4-Plex

Flooring

  • Laminate
  • Vinyl
  • Carpet

Heating & cooling

  • Baseboard heating
  • Wall Furnace heating
  • None cooling

Schools

Ratings via SchoolDigger

Marysville School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Multi-family facts

As entered by the listing broker on Northwest MLS

Units

Total units
4
Units in building
4
Units below grade
false
Building square feet
3,790 sq ft

Income & expenses

Gross scheduled income
$86,580
Total monthly income
$7,372
Gross adjusted income
$86,580
Net operating income
$70,403
Cap rate
5.9%
Gross rent multiplier
13.8
Total expenses
$16,177
Insurance
$2,152
Electric
$1,031
Other expenses
$3,000
Water / sewer / garbage paid by
3380

Parking & storage

Parking spaces
8
Uncovered parking
4
Covered spaces
4

Taxes & assessment

Annual taxes
$6,614
Tax year
2025
Financing
Cash, Conventional, VA Loan

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

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Address Insider™

The members' report

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Sales & Tax Records for 1262 Cedar Avenue #1-4

NWMLS via MLS Grid · Snohomish County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. May 8, 2026
    Listed
    NWMLS via MLS Grid · #2519620
    $1,200,000
    $317/sq ft
  2. Aug 25, 2015
    Sold
    NWMLS via MLS Grid · #811297
    $360,000
    $95/sq ft
  3. Jul 9, 2015
    Pending
    NWMLS via MLS Grid · #811297
    $396,000
    $104/sq ft
  4. Jun 29, 2015
    Listed
    NWMLS via MLS Grid · #811297
    $396,000
    $104/sq ft
  5. Apr 15, 2004
    Sold
    NWMLS via MLS Grid · #23143805
    $285,000
    $75/sq ft
  6. Mar 7, 2004
    Pending
    NWMLS via MLS Grid · #23143805
    $300,000
    $79/sq ft

Mortgage payment forecast

$7,748 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: Real Property Associates; Heidi Bardue; 425-954-7661; hbardue@rpare.com

Market pulse

Marysville 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 65 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $825,000 Sold

    1 week ago

    •Single Family

    938 Quinn Avenue, Marysville, WA 98270

    3%

    Under list

    48

    Days on market

    0.6 mi

    Distance

  • $530,000 Sold

    2 weeks ago

    3 bd•1.75 ba•~1,320 sq ft•Single Family

    1709 2nd St, Marysville, WA 98270

    1%

    Under list

    98

    Days on market

    1.0 mi

    Distance

  • $539,000 Sold

    3 weeks ago

    3 bd•1.75 ba•~1,234 sq ft•Single Family

    4307 80th Street NE, Marysville, WA 98270

    0%

    Over list

    36

    Days on market

    0.5 mi

    Distance

  • $100,000 Sold

    6 weeks ago

    2 bd•1.75 ba•Single Family

    7508 47th Avenue NE #12, Marysville, WA 98270

    9%

    Under list

    125

    Days on market

    0.5 mi

    Distance

  • $640,000 Sold

    7 weeks ago

    2 bd•2.25 ba•~2,182 sq ft•Single Family

    5004 73rd Place NE, Marysville, WA 98270

    0%

    Over list

    32

    Days on market

    0.8 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 17, 2026 at 9:58 AM PT (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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© 2026 Northwest Multiple Listing Service. All rights reserved.

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