9005 8th Street SE, Lake Stevens, WA 98258

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Listing Broker: KW North Sound; Lance Van Winkle; ; Selling Office: Roopa Group.

Sold Price
$939,000
List Price
$950,000
Status
SOLD
MLS#
2436496
Closing Date
Oct 31, 2025
Days on Market
1
Style
52 - Duplex
Finished SqFt
2,672
Area Total SqFt
2672
Annual Tax Ammount
7212
Lot Size (sq ft)
9,148
Sewer
Sewer Connected

Property Description

Investment Opportunity in Lake Stevens! Well-maintained duplex offering an excellent blend of comfort and convenience. Each unit features 4 bedrooms, 2.5 baths, an attached garage, and a functional floor plan with open living spaces. Kitchens include ample cabinetry and appliances, while primary suites provide full baths and generous closet space. Covered front porches and private yards add outdoor appeal. Situated in a cul-de-sac just minutes from schools, parks, shopping, and commuter routes—this property attracts long-term tenants and strong rental demand. Whether you’re expanding your portfolio or seeking owner-occupied income potential, this duplex delivers versatility and value in a desirable Lake Stevens location.

Additional Information

List Date
2025-10-30 00:00:00
Community
Lake Stevens
Net Operating Income
$57,610
Gross Adjusted Income
$65,940
Gross Scheduled Income
$65,940
Total Monthly Income
$5,495
Insurance Expenses
$1,118
Gross Rent Multiplier
14
Total Expenses
$8,330
Cap Rate
6.1
Vacancy Rate
5
Total Number of Units
2
Unit Name
9005
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
2015
Roof
Composition
Energy Source
Electric
School District
Lake Stevens
Total Monthly Income
$5,495
Gross Scheduled Income
$65,940
Vacancy Rate
5
Gross Adjusted Income
$65,940
Tax Year
2025
Insurance Expense
$1,118
Total Expenses
$8,330
Net Operating Income
$57,610
Gross Rent Multiplier
14
Cap Rate
6.1
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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