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  • Listed by: 

    Brendan Greenheck,

    Northmarq Multifamily, LLC

    Bought with: Kelly Right RE of Seattle LLC
    $2,636,500

    6511 Armar Road, Marysville, WA 98270

    22beds
    21baths
    --sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $2,503,200 Zestimate®
    $--/sqft
    $2,421 Estimated rent

    Home value

    $2,503,200

    $2.33M - $2.70M

    $2,421/mo

    Zestimate® history
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    $15,197/mo

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    $15,197/mo

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    What's special

    We are pleased to present The Armar in Marysville, WA. This 1968 vintage asset features 11 large, partially renovated townhome units averaging 1134 SF. There are 10, 2-bedroom 1.5-bathroom units and 1, 2-bedroom 1-bathroom unit. Unit interiors feature value add potential with laminated vinyl plank flooring, new lighting fixtures, and refaced cabinets. There is potential to increase the in-place NOI by capturing a 13% delta between current and market rents. The Armar provides an excellent opportunity for an investor to acquire a stabilized asset with large units in a landlord friendly submarket.

    Zillow last checked: 8 hours ago

    Listing updated: July 04, 2025 at 04:01am

    Listed by:

    Brendan Greenheck,

    Northmarq Multifamily, LLC

    Bought with:

    Ram Thiru, 116925

    Kelly Right RE of Seattle LLC

    Source: NWMLS,MLS#: 2316705MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 22
    • Bathrooms: 21
    Heating
    • Baseboard, Geothermal
    Cooling
    • None
    Features
    • Flooring: Vinyl Plank
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 19
    • Parking features: Open
    • Carport spaces: 12
    • Uncovered spaces: 7
    Lot
    • Size: 0.68 Acres
    • Features: Paved, Patio
    Details
    • Parcel number: 30052800402100
    • Zoning description: Multi-Family
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1968
    • Major remodel year: 1968

    Utilities & green energy

    • Sewer: Available

    Community & neighborhood

    Location
    • Region: Marysville
    • Subdivision: Marysville

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 172 days

    Price history

    DateEventPrice
    6/3/2025Sold$2,636,500-10.6%
    Source: NWMLS #2316705 Report a problem
    6/2/2025Pending sale$2,950,000
    Source: NWMLS #2316705 Report a problem
    5/2/2025Price change$2,950,000-4.8%
    Source: NWMLS #2316705 Report a problem
    12/14/2024Listed for sale$3,100,000+17.6%
    Source: NWMLS #2316705 Report a problem
    11/19/2021Sold$2,635,000+9.8%
    Source: NWMLS #1854292 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 98270

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Liberty Elem
    • Middle: Marysville Mid
    • High: Marysville Getchell High

    Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value$2,503,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,503,200