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17820 Smokey Point Boulevard, 
Arlington, WA 98223

$1,650,000

—

Bed

—

Bath

6,084

Sq Ft

Multi-Family

Pending

Listed by

Jeff Totzek

Westland Realty

Last updated:

May 6, 2025, 07:58 AM

MLS#

2366135

Source:

NWMLS

About This Home

17820 Smokey Point Boulevard

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.

Home Facts

Multi-Family

Built in 1969

Price Summary

1,650,000

$271 per Sq. Ft.

MLS #:

2366135

Last Updated:

May 6, 2025, 07:58 AM

Rooms & Interior

Interior

Living Area:

6,084 Sq. Ft.

Structure

Structure

Building Area:

6,084 Sq. Ft.

Year Built:

1969

Lot

Lot Size (Sq. Ft):

22,651

Finances & Disclosures

Finances

Price:

$1,650,000

Price per Sq. Ft:

$271 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 6, 2025. 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 is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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