$878,750
8204 47••••• Ave NE (Sign up for 50 free credits to unlock)Marysville, WA 98270
Property Description
Two beautifully refreshed homes. One outstanding investment opportunity. This extensively remodeled Marysville duplex offers exceptional flexibility for investors or buyers looking to live in one home while generating rental income from the other. Each spacious 1,278 SF unit features 3 bedrooms, 2.5 baths, a private primary suite and its own 2-car garage-giving you 6 bedrooms, 5 baths and 4 garage spaces across the property. Both interiors have been transformed with fresh paint, new flooring and carpet, updated kitchens with new counters and refreshed cabinetry, and updated baths. Vaulted living rooms with dramatic windows and fireplaces create bright, inviting spaces, while open kitchens and dining areas connect directly to each private backyard. Outside, enjoy fresh exterior paint, generous off-street parking and a large 11,761 SF lot with separate fenced yards offering space for pets, gardening, play or outdoor entertaining. Tucked away on a dead-end cul-de-sac while remaining convenient to shopping, dining, schools, parks, services and commuter routes. With both sides refreshed and ready for their next chapter, this is a rare opportunity to acquire a turnkey duplex without immediately inheriting someone else's renovation list. Live in one and rent the other, create a multigenerational arrangement with separate residences, or add a remodeled duplex to your investment portfolio. Photos contain virtual staging.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Oct 6, 2026
- Price per Sq Ft
- $344/sqft
- ZIP Code
- 98270
- Garage
- 4 spaces
- Parking
- RV Parking
- Heating
- Forced Air
- Construction
- Wood, Wood
- Property Tax (2026)
- $5,920/yr
- Assessed Value
- $666,400
- Last Sold
- $417,900 · Jun 29, 2006
- Neighborhood
- Pinewood
- County
- Snohomish
- School District
- Marysville School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 6
Land Info
- Lot Description: Cul-De-Sac, Dead End Street, Paved
- Lot Size Acres: 0.27
- Lot Size Square Feet: 11761
Utilities
- Power Production Type: Electric, Natural Gas
- Sewer: Sewer Connected
- Water Source: Public
Rental Info
- Gross Scheduled Income: 64800
- Leasable Area: 255
Home Features
- Security Features: Fully Fenced
Commercial Info
- Net Operating Income: 49800
- Operating Expense: 15000
Multi-Unit Info
- Number of Units: 2
- Bedrooms in Unit-1: 3
- Bedrooms in Unit-2: 3
- Total Bathrooms in Unit-1: 3
- Total Bathrooms in Unit-2: 3
- Unit-1 Square Feet: 1278
- Unit-2 Square Feet: 1278
- Unit 1 Total Actual Rent: 2800
- Unit 2 Total Actual Rent: 2800
Interior Features
- Flooring: Vinyl, Wall to Wall Carpet
Garage and Parking
- Covered Spaces: 4
- Garage Spaces: 4
- Open Parking: No
- Parking Features: RV Parking
- Parking Total: 8
School Information
- Elementary School: Pinewood Elem
- High School: Marysville Pilchuck
- High School District: Marysville
- Middle School: Totem Mid Sch
- School District: Marysville
Heating and Cooling
- Heating Features: Forced Air
- Heating Fuel: Electric,Natural Gas
- Heating: Yes
- Number of Fireplaces: 0
Other Property Info
- Annual Tax Amount: 6000
- Source Listing Status: Active
- County: Snohomish
- Cap Rate: 5.5
- Directions: From I5 take exit 200 for 88th St NE, head east on 88th, turn right onto Old Highway 99/State Ave, turn left onto 84th St NE, turn right onto 47th Ave NE, take 2nd right into the cul du sac
- Tax Year: 2026
- Other Expense: 5000
- Possible Use: Multi-Family, Residential
- Insurance Expense: 4000
- Area: 770 - Northwest Snohomish
- List Development Name: Marysville
- Source Neighborhood: Marysville
- Parcel Number: 00385000000902
- Subdivision: Marysville
- Zoning Description: Multi-Family, Residential
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Building and Construction
- Year Built: 1990
- Building Area Total: 2556
- Building Area Units: Square Feet
- Construction Materials: Wood, Wood
- Foundation Details: Poured Concrete
- Property Age: 36
- Property Condition: Good
- Roof: Composition
- Building Total Stories: 2
- Structure Type: Duplex
- House Style: Duplex
- Elevation Units: Feet
Exterior and Lot Features
- Cable TV
- Fenced-Fully
- Gas Available
- High Speed Internet
- Patio
- RV Parking
- Patio: Yes
Location
Lat 48.07039 · Lng -122.16943