Arlington Homes with 56 - 10+ Units Style

Welcome to Arlington, Washington—a charming city nestled in the heart of Snohomish County, where natural beauty meets a vibrant community spirit. Known for its stunning landscapes and friendly atmosphere, Arlington offers a perfect blend of suburban comfort and outdoor adventure. With the majestic Cascade Mountains as a backdrop and the serene Stillaguamish River winding through, this neighborhood is a haven for nature lovers and families alike.

Arlington boasts a diverse array of homes, particularly those with 56 to over 10 units, catering to a variety of lifestyles and preferences. Whether you're seeking a spacious multi-family residence or a cozy townhouse, you'll find properties that reflect both modern designs and classic charm. The neighborhoods are characterized by well-maintained streets, lush green parks, and a strong sense of community, making it an ideal place for families, young professionals, and retirees.

In addition to its picturesque surroundings, Arlington is known for its excellent schools, local shops, and a thriving dining scene. Residents can enjoy outdoor activities at nearby parks, hiking trails, and recreational areas, ensuring there’s always something to do. The city also hosts numerous community events throughout the year, fostering connections among neighbors and creating a welcoming atmosphere.

With its unique blend of suburban life and natural beauty, Arlington is not just a place to live; it’s a place to thrive. Explore the diverse housing options and discover why so many choose to call this enchanting city home. Whether you’re looking for a multi-family investment or a cozy retreat, Arlington has something for everyone!

Newest Arlington Homes with 56 - 10+ Units Style

$7,300,000

2505434 MLS ⋅ ACTIVE Status

Portage Creek Apartments is a well-maintained 28-unit property located in Arlington, offering investors immediate rent growth with minimal execution risk. It has benefited from significant capital improvements, with 24/28 units already renovated featuring updated flooring, paint, cabinets, and CT. In addition, the exterior has been recently repainted, enhancing curb appeal and reinforcing the asset’s strong physical condition. Despite these upgrades, in-place rents remain below market, providing a clear opportunity to increase revenue without the need for further interior renovations. All units include in-unit W/D and feature large floor plans averaging 1,009 SF, a compelling differentiator in the local rental market. The unit mix is further enhanced by value-added amenities, including several units with attached garages and a total of 14 garages on site, 2 of which are currently utilized by ownership and offer immediate incremental income potential. Most units also feature expansive private decks, adding an outdoor living space that supports tenant retention and higher market rents. With a strong renovation base already in place, investors can focus on mark-to-market rent growth, selective completion of remaining upgrades if desired, and long-term optionality through future redevelopment potential via the excess parking area. Collectively, these attributes position the property as a high-quality asset with multiple, low-friction avenues for income growth and appreciation.

21125 81st Street NE, Arlington

Listing courtesy of Northmarq Multifamily, LLC.

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