6920 Armar Road, Marysville, WA 98270

$699,000
2,100
SqFt

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Listing courtesy of KW North Sound.

List Price
$699,000
Status
ACTIVE
MLS#
2521003
Price Change
▼ $26,000 1780525511
Days on Market
79
Style
52 - Duplex
Finished SqFt
2,100
Area Total SqFt
2100
Annual Tax Ammount
4382
Lot Size (sq ft)
5,227
Sewer
Sewer Connected

Property Description

Incredible Marysville Investment Opportunity! One side is completely move in ready, while you rent the other side out! This well-maintained duplex offers the perfect blend of stability and sweat equity. You can purchase this property for as little as 3.5% down and possibly use an accelerated cost segregation to increase tax deductions! Each unit features a spacious 3-bedroom, 1.5-bathroom layout, including a clever garage conversion that provides a third bedroom while still retaining ample storage space in the remaining garage area. Recent capital improvements provide peace of mind, including a brand-new roof and fresh exterior touch-ups. One unit has been recently spruced up with new interior paint, making it move-in ready for an owner-occupant or a new tenant at market rent. The other side is already occupied, providing immediate cash flow. Both units enjoy impressively large, private backyards—perfect for gardening, pets, or entertaining. Whether you're looking to start your portfolio or move into one side and let the neighbor pay your mortgage, this is the one!

Additional Information

List Date
2026-05-09 03:58:10
Community
Downtown
Net Operating Income
$29,538
Gross Adjusted Income
$39,600
Gross Scheduled Income
$39,600
Total Monthly Income
$3,300
Insurance Expenses
$1,700
Water/Sewer/Garbage Expenses
$3,380
Gross Rent Multiplier
18.3
Total Expenses
$10,062
Cap Rate
4.07
Vacancy Rate
1
Total Number of Units
2
Unit Name
6920
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1979
View
Territorial
Roof
Composition
Other Expenses
600
Energy Source
Electric
School District
Marysville
Total Monthly Income
$3,300
Gross Scheduled Income
$39,600
Vacancy Rate
1
Gross Adjusted Income
$39,600
Tax Year
2026
Insurance Expense
$1,700
W/S/G Expenses
$3,380
Total Expenses
$10,062
Net Operating Income
$29,538
Gross Rent Multiplier
18.3
Cap Rate
4.07
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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