Jessica Schmuland

Listing Firm: Real Residential (206-342-0200).

ABOUT JESSICA

2424 99th Avenue

Lake Stevens, WA 98258

LISTING #2549662
$850,000
STATUS Active
YEAR BUILT 1991
PROPERTY TYPE Residential Income

ABOUT THIS PROPERTY

Beautifully updated duplex in a prime Lake Stevens location, offering an exceptional opportunity for investors or owner-occupants. This turnkey property boasts an impressive 6% cap rate, making it an attractive addition to any investment portfolio. Each spacious unit features a functional two-story floor plan with an open main level, including a generous living area, updated kitchen, and convenient half bath, while the upper level offers comfortable bedrooms and a full bath. Recent improvements throughout provide a fresh, modern feel, and the former carports have been converted into fully enclosed garages for added convenience, security, and storage. Each unit also enjoys a private backyard, creating a welcoming outdoor space to relax or entertain. Ideally situated just blocks from Lundeen Park, Lake Stevens, neighborhood amenities, and with easy access to I-5, Highway 9, and Frontier Village, this property offers the perfect combination of strong cash flow, modern updates, and an outstanding location.

PROPERTY DETAILS

EXPAND ALL
Location Information
County Snohomish
Latitude 48.019022
Longitude -122.097624
Directions From Lundeen Pkwy or SR 92, take 99th Ave NE.
Subdivision Name Lake Stevens
Interior Features
Has Fireplace No
Number of Fireplaces 0
Heating Baseboard, Wall Furnace
Cooling None
Floors Vinyl Plank, Carpet
Exterior Features
Style Duplex
Is New Construction Yes
Exterior Wood Products
Foundation Block
Roof Composition
Water Source Public
Septic or Sewer Sewer Connected
Covered Spaces 0
Power Production Type Electric
Security Features Fully Fenced
Parking Spaces 4
Site Features Fenced-Fully
Lot Features Dead End Street, Paved
Lot Size in Acres 0.42
Lot Size in Sq. Ft. 18,295
Building Total Area 2400 Square Feet
Has Waterfront No
Has View No
School
High School District Lake Stevens
Additional Information
Possession Closing, Subject To Tenant Rights
Property Type Residential Income
Property Subtype Multi Family
Structure Type Duplex
Year Built 1991
Status Active
Tax Year 2025
Tax Amount $6,288
Lot Acres Source Realist
NWMLS

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INTERESTED IN

2424 99th Avenue, Lake Stevens, WA 98258

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