Property Photo: 12629 48th Avenue NE WA 98271

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Listing Courtesy of:

Northwest MLS / Windermere Real Estate Whatcom, Inc. / Josh Shiflett and Kw North Sound

12629 48th Avenue NE Marysville, WA 98271

Sold on 05/25/2023

$625,000 ^(USD)

1,824

SQFT

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Description

The investment opportunity you've been waiting for! Single-story duplex perched on a large lot, in a quiet location. Both units are vacant, giving you the option to owner occupy &/or fill the units as you wish! Both units have similar floor plans that feature 2 spacious bedrooms & 1 bathroom, large living rooms, dining areas, bright & open kitchens, laundry areas w/ W/D, & a 1 car garage for each unit. The dining area opens to the patio & fully fenced yard which overlooks a beautiful greenbelt. This duplex sits in a convenient location close to I-5/Hwy 9, shopping, schools, restaurants, bus service & more. Gross income: $42,000. Total expenses: $6,794 (Taxes - $3,812, Insurance - $834, W/S/G - $2,148). NOI: $35,206. 5.6% cap rate!

MLS #:
2057031

Taxes
$3,812(2023)

Lot Size
0.26 acres

Type
Multifamily

Year Built
1980

Style
Duplex

Views
Territorial

School District
Marysville

County
Snohomish County

Community
Marysville

Listed By

Josh Shiflett, Windermere Real Estate Whatcom, Inc.

Bought with
Nathan Huus, Kw North Sound

Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 14 2025 at 11:04 AM PST

Bathroom Details

Interior Features

Laminate
Wall to Wall Carpet

Subdivision

Marysville

Lot Information

Dead End Street
Paved

Property Features

Fenced-Fully
Patio
Cable Tv
High Speed Internet
Foundation: Slab

Heating and Cooling

Radiant

Flooring

Vinyl
Carpet
Laminate

Exterior Features

Stucco
Roof: Composition

Utility Information

Sewer: Sewer Connected
Fuel: Electric

School Information

Elementary School: Buyer to Verify
Middle School: Buyer to Verify
High School: Buyer to Verify

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Apr 19, 2023

Listed

$625,000

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Disclaimer: Based on information submitted to the MLS GRID as of 12/14/25 03:04. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. 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.