9719 5th Street NE, Lake Stevens, WA 98258

$680,000
1,780
SqFt

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Listing courtesy of Keller Williams Eastside.

List Price
$680,000
Status
ACTIVE
MLS#
2535091
Price Change
▼ $19,000 1783754080
Days on Market
49
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
1,780
Area Total SqFt
1780
Annual Tax Ammount
5578
Internet Provider
Xfinity
Lot Size (sq ft)
10,454
Sewer
Sewer Connected

Property Description

Rare Owner-Occupant Duplex Opportunity! Welcome NE Lake Stevens—an exceptional opportunity to own a fully updated duplex on one side , while generating rental income. The larger 3-bedroom, 1-bath unit with a 2-car garage is vacant and move-in ready, qualified buyers to take advantage of owner-occupied financing little as 0% down. Live in one unit and let rental income from the occupied 2-bedroom, 1-bath unit with a 1-car garage help offset your mortgage.Recent updates include a new roof, new interior and exterior paint, new flooring, new trim, new soft-close kitchen cabinets, quartz countertops, new kitchen sink, new bathroom vanity and countertop, new door hardware, new stove/range, hood vent, dishwasher, refrigerator, and an additional refrigerator in the garage. Both units feature private yards and attached garages, providing added convenience and tenant appeal.Located on a quiet cul-de-sac near Frontier Village shopping, restaurants, parks, and beautiful Lake Stevens waterfront recreation. Enjoy easy access to Highway 9, Highway 2, Everett, Boeing, and I-5, making commuting a breeze. Situated within the highly regarded Lake Stevens School District. Why buy a single-family home own a duplex and have rental income help pay your mortgage? Whether you're a first-time homebuyer, house hacker, or investor, this turnkey property offers an incredible opportunity to build equity, create passive income, and enjoy homeownership in one of Lake Stevens' most desirable neighborhoods.

Additional Information

List Date
2026-06-10 02:13:11
Community
Lake Stevens
Net Operating Income
$13,308
Gross Adjusted Income
$19,800
Gross Scheduled Income
$19,800
Total Monthly Income
$1,778
Insurance Expenses
$914
Gross Rent Multiplier
0.36
Total Expenses
$6,492
Cap Rate
0.18
Total Number of Units
2
Unit Name
9719
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1977
Roof
Composition
Site Features
Cable TV, High Speed Internet, Patio
Energy Source
Electric
School District
Lake Stevens
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1,778
Gross Scheduled Income
$19,800
Gross Adjusted Income
$19,800
Tax Year
2025
Insurance Expense
$914
Total Expenses
$6,492
Net Operating Income
$13,308
Gross Rent Multiplier
0.36
Cap Rate
0.18
Based on information submitted to the MLS GRID as of . 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.
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