6-unit multi-family investment opportunity in Arlington. This 6-unit property offers 6,084 SF on 22,651 SF of land, with a strong in-place income. All units are 2bd1ba, 1,014 SF each. Current Proforma Revenue: $130,620 (effective 6/1/25) NOI: $90,620, Cap Rate: 5.49% Expenses: ~$40,000/year Units 4, 5 and 6 all recently renovated. New Fence constructed in 2023 in the backyard. Located in a growing Arlington area with strong rental demand. The new 2.8 million SF Amazon Fulfillment Center is just a couple minutes away. Additionally, Smokey Point Community Park, located across Smokey Point Blvd, i s under construction. See the attached offering flyer.
Sold
Listed by:
Jeff Totzek,
Westland Realty
$1,200,000
17820 Smokey Point Boulevard, Arlington, WA 98223
--beds
--baths
6,084sqft
Multi Family
Built in 1969
-- sqft lot
$-- Zestimate®
$197/sqft
$3,060 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 04:03am
Listed by:
Jeff Totzek,
Westland Realty
Bought with:
Kevin Zellmer, 27736
Realty One Group Enterprise
Source: NWMLS,MLS#: 2366135

Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 6,084
- Total interior livable area: 6,084 sqft
Property
Parking
- Total spaces: 16
- Parking features: Open
- Uncovered spaces: 16
Lot
- Size: 0.52 Acres
- Features: Corner Lot, Curbs, Paved, Sidewalk
Details
- Parcel number: 010035000100
- Zoning description: Commercial,Multi-Family,Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Products
- Foundation: Slab
- Roof: Composition
Condition
- Good
- Year built: 1969
- Major remodel year: 2000
Utilities & green energy
- Sewer: Sewer Connected
Community & neighborhood
Location
- Region: Arlington
- Subdivision: Smokey Point
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 4 days