8204 47th Avenue NE, Marysville, WA 98270

$925,000
2,556
SqFt

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Listing courtesy of Keller Williams North Seattle.

List Price
$925,000
Status
ACTIVE
MLS#
2574807
Days on Market
0
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,556
Area Total SqFt
2556
Annual Tax Ammount
6000
Lot Size (sq ft)
11,761
Sewer
Sewer Connected

Property Description

Two beautifully refreshed homes. One outstanding investment opportunity. This extensively remodeled Marysville duplex offers exceptional flexibility for investors or buyers looking to live in one home while generating rental income from the other. Each spacious 1,278 SF unit features 3 bedrooms, 2.5 baths, a private primary suite and its own 2-car garage—giving you 6 bedrooms, 5 baths and 4 garage spaces across the property. Both interiors have been transformed with fresh paint, new flooring and carpet, updated kitchens with new counters and refreshed cabinetry, and updated baths. Vaulted living rooms with dramatic windows and fireplaces create bright, inviting spaces, while open kitchens and dining areas connect directly to each private backyard. Outside, enjoy fresh exterior paint, generous off-street parking and a large 11,761 SF lot with separate fenced yards offering space for pets, gardening, play or outdoor entertaining. Tucked away on a dead-end cul-de-sac while remaining convenient to shopping, dining, schools, parks, services and commuter routes. With both sides refreshed and ready for their next chapter, this is a rare opportunity to acquire a turnkey duplex without immediately inheriting someone else's renovation list. Live in one and rent the other, create a multigenerational arrangement with separate residences, or add a remodeled duplex to your investment portfolio. Photos contain virtual staging.

Additional Information

List Date
2026-09-09 18:49:14
Community
Marysville
Net Operating Income
$49,800
Gross Adjusted Income
$62,856
Gross Scheduled Income
$64,800
Total Monthly Income
$5,600
Insurance Expenses
$4,000
Gross Rent Multiplier
14.5
Total Expenses
$15,000
Cap Rate
5.5
Vacancy Rate
3
Total Number of Units
2
Unit Name
8204
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1990
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio, RV Parking
Other Expenses
5000
Energy Source
Electric, Natural Gas
School District
Marysville
Elementary School
Pinewood Elem
Middle School
Totem Mid Sch
High School
Marysville Pilchuck
Total Monthly Income
$5,600
Gross Scheduled Income
$64,800
Vacancy Rate
3
Gross Adjusted Income
$62,856
Tax Year
2026
Insurance Expense
$4,000
Total Expenses
$15,000
Net Operating Income
$49,800
Gross Rent Multiplier
14.5
Cap Rate
5.5
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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