About this home

Investor Opportunity! Existing income-producing fourplex located in Arlington’s OTBD-3, Old Town Business district. Current zoning permits multifamily apartments, townhouses, rowhouses and mixed-use development, subject to City approval and applicable parking, access, utility and development standards. Approximately 10,019-square-foot lot with eight existing parking spaces and additional site area offering potential for expansion or future redevelopment. Buyer to verify all development possibilities with the City of Arlington.

Exterior features

Wood

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating: Baseboard
Cooling: None
Flooring: Vinyl, Carpet
View: Territorial
Lot: Alley, Curbs, Paved, Sidewalk
Sewer: Sewer Connected

Costs

Annual taxes: $5,675 (2025)

Estimate your monthly payment

$7,527/mo

Principal & interest: $7,054
Property taxes: $473

Down payment (20%) $279,000 Interest rate (%) Loan term (years)

Loan amount $1,116,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Arlington, WA 98223

Approximate location. Contact us to confirm the exact address.

Listing courtesy of NextHome PNW Realty— Melanie Maddy.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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