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Listed by Melanie Maddy • NextHome PNW Realty.
FOR SALE

$1,395,000

Est. $7,727/mo

3,248 sq ft

703 Broadway Street, Arlington, WA 98223

• Listed Jul 23, 2026•26 days active · 26 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: NextHome PNW Realty; Melanie Maddy; 360-631-0425; melanie@nexthomepnwrealty.com

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Listing Broker: NextHome PNW Realty; Melanie Maddy; 360-631-0425; melanie@nexthomepnwrealty.com

About this home

Investor Opportunity! Existing income-producing fourplex located in Arlington’s OTBD-3, Old Town Business district. Current zoning permits multifamily apartments, townhouses, rowhouses and mixed-use development, subject to City approval and applicable parking, access, utility and development standards. Approximately 10,019-square-foot lot with eight existing parking spaces and additional site area offering potential for expansion or future redevelopment. Buyer to verify all development possibilities with the City of Arlington.

Property type
Townhouse
Year built
1967
Interior
3,248 sq ft
Lot size
0.23 acres
Parking
None
Price / sq ft
$429
HeatingBaseboard
CoolingNone
Property taxes$5,675/yr (est.)
School districtArlington

Listed by Melanie Maddy • NextHome PNW Realty

Listing updated: September 21, 2026 at 11:39pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2553843

Around this home

RexMont OfferEdge™

How much should you offer?

703 Broadway Street, Arlington, WA 98223

List price
$1,395,000
Down payment
$279,000

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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

  • Vinyl
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Schools

Ratings via SchoolDigger

Arlington 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
3,248 sq ft

Income & expenses

Gross scheduled income
$81,240
Total monthly income
$6,770
Additional monthly income
$100
Gross adjusted income
$81,240
Net operating income
$58,013
Cap rate
3%
Gross rent multiplier
18
Vacancy rate
2%
Total expenses
$23,227
Insurance
$3,189
Electric
$1,151
Other expenses
$7,712
Water / sewer / garbage paid by
5500

Parking & storage

Parking spaces
8
Uncovered parking
8

Taxes & assessment

Annual taxes
$5,675
Tax year
2025
Financing
Cash, 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

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 703 Broadway 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. Jul 23, 2026
    Listed
    NWMLS via MLS Grid · #2553843
    $1,395,000
    $429/sq ft
  2. Mar 10, 2014
    Sold
    NWMLS via MLS Grid · #562228
    $411,750
    $127/sq ft
  3. Jan 28, 2014
    Pending
    NWMLS via MLS Grid · #562228
    $425,000
    $131/sq ft
  4. Nov 1, 2013
    Listed
    NWMLS via MLS Grid · #562228
    $425,000
    $131/sq ft

Mortgage payment forecast

$8,549 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

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: NextHome PNW Realty; Melanie Maddy; 360-631-0425; melanie@nexthomepnwrealty.com

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: 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 57 days.

Want a deeper read on this market?

Ask a RexMont agent

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 4:05 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.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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