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Listed by Gabe Blake • Blake Investment Advisors.
FOR SALE

$1,550,000

Est. $8,586/mo

218 10th Street, Snohomish, WA 98290

• Listed May 19, 2026•151 days active · 151 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Blake Investment Advisors; Gabe Blake; 206-618-2207; gabe@blakeia.com

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Listing Broker: Blake Investment Advisors; Gabe Blake; 206-618-2207; gabe@blakeia.com

About this home

INCREASED RENTS! $10,998 MONTHLY INCOME | The 10th Street Apartments is a cash-flowing 5-unit multifamily investment opportunity in the charming, historical city of Snohomish, WA. The property features a highly desirable unit mix and full amenity packages, with each unit offering two bedrooms, one bathroom, 988 square feet of living space, in-unit washers & dryers, dishwashers, disposals, wood-burning fireplaces, private decks/patios, off-street parking stalls, and large exterior storage lockers. Over the past five years, the property has undergone significant capital improvements, including a new composition roof, Hardie plank siding, Milgard double-pane vinyl windows, and new deck coatings, all completed in 2021. Ask listing agent for marketing brochure!

Property type
Single Family
Year built
1977
Interior
Not listed
Lot size
0.34 acres
Parking
None
Price / sq ft
Not listed
HeatingBaseboard
CoolingNone
Property taxes$13,698/yr (est.)
School districtSnohomish

Listed by Gabe Blake • Blake Investment Advisors

Listing updated: September 29, 2026 at 09:43am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2525343

Around this home

RexMont OfferEdge™

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218 10th Street, Snohomish, WA 98290

List price
$1,550,000
Down payment
$310,000

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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

  • 5-9 Units

Flooring

  • Vinyl Plank

Heating & cooling

  • Baseboard heating
  • None cooling

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.

Multi-family facts

As entered by the listing broker on Northwest MLS

Units

Total units
5
Units in building
5
Units below grade
false

Income & expenses

Gross scheduled income
$113,700
Total monthly income
$10,998
Additional monthly income
$1,363
Gross adjusted income
$108,015
Net operating income
$81,888
Cap rate
5.5%
Gross rent multiplier
13.63
Vacancy rate
5%
Total expenses
$40,901
Insurance
$3,888
Other expenses
$9,829
Water / sewer / garbage paid by
13486

Parking & storage

Parking spaces
5
Uncovered parking
5

Taxes & assessment

Annual taxes
$13,698
Tax year
2026
Financing
Conventional

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 218 10th Street

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 19, 2026
    Listed
    NWMLS via MLS Grid · #2525343
    $1,550,000
  2. Dec 23, 2021
    Sold
    NWMLS via MLS Grid · #1825941
    $1,450,000
  3. Aug 22, 2021
    Pending
    NWMLS via MLS Grid · #1825941
    $1,400,000
  4. Aug 17, 2021
    Listed
    NWMLS via MLS Grid · #1825941
    $1,400,000
  5. Apr 1, 2010
    Sold
    NWMLS via MLS Grid · #29148184
    $410,000
  6. Mar 9, 2010
    Pending
    NWMLS via MLS Grid · #29148184
    $460,000

Mortgage payment forecast

$10,116 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: Blake Investment Advisors; Gabe Blake; 206-618-2207; gabe@blakeia.com

Market pulse

Snohomish is a balanced market.

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

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

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

  • Time on market: The average home goes pending in around 60 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $635,000 Sold

    1 day ago

    3 bd•2.5 ba•~1,716 sq ft•Single Family

    816 Mill Avenue, Snohomish, WA 98290

    2%

    Under list

    38

    Days on market

    0.2 mi

    Distance

  • $685,000 Sold

    1 day ago

    4 bd•2.25 ba•~1,782 sq ft•Single Family

    104 17th Drive, Snohomish, WA 98290

    2%

    Under list

    78

    Days on market

    0.6 mi

    Distance

  • $675,000 Sold

    1 day ago

    3 bd•2 ba•~1,260 sq ft•Single Family

    303 E 11th Street, Snohomish, WA 98290

    0%

    Over list

    161

    Days on market

    0.3 mi

    Distance

  • $950,000 Sold

    2 weeks ago

    4 bd•2.75 ba•~2,975 sq ft•Single Family

    1503 Holly Vista Drive, Snohomish, WA 98290

    5%

    Under list

    35

    Days on market

    0.4 mi

    Distance

  • $899,950 Sold

    3 weeks ago

    4 bd•2.5 ba•~1,656 sq ft•Single Family

    1315 Ave A, Snohomish, WA 98290

    0%

    Over list

    31

    Days on market

    0.5 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 2:51 PM 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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