11911 54th Drive NE, Marysville, WA 98271

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Listing Broker: Windermere RE South Sound, Inc; Melissa Hess; ; Selling Office: COMPASS.

Sold Price
$835,000
List Price
$825,000
Status
SOLD
MLS#
2482614
Closing Date
Mar 17, 2026
Days on Market
1
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,328
Area Total SqFt
2328
Annual Tax Ammount
5859
Lot Size (sq ft)
14,375
Sewer
Sewer Connected

Property Description

Beautifully maintained duplex tucked away at the end of a quiet residential neighborhood, offering privacy, flexibility, and exceptional investment potential. Unit A is occupied by an immaculately maintained, long-term tenant, providing immediate and reliable income. Unit B boasts new upgrades throughout, adding modern appeal and move-in-ready convenience. Continue renting in this high-demand area for strong income potential or live comfortably in one unit while benefiting from rental income on the other. The large, park-like yard is truly special, complete with mature evergreens and a seasonal creek that creates a peaceful, natural setting rarely found in multi-family properties. Whether you’re relaxing outdoors or entertaining, the setting feels like your own private retreat. *Buyers can receive up to 1% savings when using the seller’s preferred lender.A rare opportunity to own a beautifully cared-for duplex in a desirable location, ideal for investors or owner-occupants alike.

Additional Information

List Date
2026-03-16 00:00:00
Community
East Marysville
Net Operating Income
$48,056
Gross Adjusted Income
$56,400
Gross Scheduled Income
$56,400
Total Monthly Income
$4,700
Insurance Expenses
$2,270
Water/Sewer/Garbage Expenses
$215
Gross Rent Multiplier
15.62
Total Expenses
$8,344
Cap Rate
17.16
Total Number of Units
2
Unit Name
11911
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
2000
Waterfront
Yes
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Gas Available, Patio
Energy Source
Natural Gas
School District
Marysville
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,700
Gross Scheduled Income
$56,400
Gross Adjusted Income
$56,400
Tax Year
2025
Insurance Expense
$2,270
W/S/G Expenses
$215
Total Expenses
$8,344
Net Operating Income
$48,056
Gross Rent Multiplier
15.62
Cap Rate
17.16
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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