Arlington Homes with 56 - 10+ Units Style

Welcome to Arlington, Washington – a hidden gem nestled in the heart of Snohomish County. Known for its picturesque landscapes and vibrant community spirit, Arlington offers a unique blend of small-town charm and modern conveniences. With the majestic Cascade Mountains as a backdrop and the serene Stillaguamish River winding through, this neighborhood is a paradise for nature lovers and outdoor enthusiasts alike.

Arlington boasts a diverse array of housing options, particularly appealing for those interested in multi-unit properties. Homes with 56 to 10+ units can be found throughout the area, making it an ideal investment opportunity for savvy investors or those looking to create a welcoming community. These properties often feature spacious layouts, contemporary amenities, and are strategically located near local schools, parks, and shopping centers.

The neighborhood is not just about stunning homes; it’s a place where community thrives. Residents enjoy numerous parks, walking trails, and recreational facilities, ensuring there’s always something to do. The Arlington Farmers Market is a local favorite, showcasing fresh produce, artisanal goods, and a sense of camaraderie among neighbors.

Accessibility is another highlight of Arlington. With easy access to major highways and public transportation, commuting to nearby cities like Everett and Seattle is a breeze, making it a perfect location for those who work in urban areas but prefer a quieter, more relaxed home environment.

Discover Arlington, where the beauty of nature meets the warmth of community, and explore the remarkable opportunities that await in this enchanting neighborhood!

Newest Arlington Homes with 56 - 10+ Units Style

$7,300,000

2505434 MLS ⋅ ACTIVE Status

Portage Creek Apartments is a well-maintained 28-unit property located in Arlington, offering investors immediate rent growth with minimal execution risk. It has benefited from significant capital improvements, with 24/28 units already renovated featuring updated flooring, paint, cabinets, and CT. In addition, the exterior has been recently repainted, enhancing curb appeal and reinforcing the asset’s strong physical condition. Despite these upgrades, in-place rents remain below market, providing a clear opportunity to increase revenue without the need for further interior renovations. All units include in-unit W/D and feature large floor plans averaging 1,009 SF, a compelling differentiator in the local rental market. The unit mix is further enhanced by value-added amenities, including several units with attached garages and a total of 14 garages on site, 2 of which are currently utilized by ownership and offer immediate incremental income potential. Most units also feature expansive private decks, adding an outdoor living space that supports tenant retention and higher market rents. With a strong renovation base already in place, investors can focus on mark-to-market rent growth, selective completion of remaining upgrades if desired, and long-term optionality through future redevelopment potential via the excess parking area. Collectively, these attributes position the property as a high-quality asset with multiple, low-friction avenues for income growth and appreciation.

21125 81st Street NE, Arlington

Listing courtesy of Northmarq Multifamily, LLC.

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