Smokey Point Homes with 55 - 5-9 Units Style

Smokey Point Homes with 55 - 5-9 Units Style

Welcome to Smokey Point, a hidden gem nestled within Arlington, Washington, in the heart of Snohomish County. This vibrant neighborhood offers a perfect blend of suburban tranquility and easy access to urban amenities, making it an ideal place for families, professionals, and retirees alike.

Smokey Point is characterized by its charming homes, particularly those featuring the popular 55 to 59 units style. These residences often boast spacious layouts, modern finishes, and thoughtful designs that cater to a variety of lifestyles. Whether you’re looking for a cozy retreat or a bustling family hub, you’ll find something that suits your needs in this welcoming community.

The neighborhood is surrounded by lush greenery and offers a plethora of outdoor activities, from hiking trails to parks, making it perfect for nature enthusiasts. The nearby Stillaguamish River provides opportunities for fishing and kayaking, while the stunning views of the Cascade Mountains serve as a picturesque backdrop to everyday life.

Conveniently located, Smokey Point is just a short drive from Arlington’s downtown area, where you can explore local shops, dine at delightful restaurants, and participate in community events. With excellent schools and easy access to major highways, commuting to nearby cities like Everett or Seattle is a breeze.

In Smokey Point, you’re not just buying a home; you’re investing in a lifestyle. Experience the charm, community spirit, and natural beauty that this neighborhood has to offer. Come discover why Smokey Point is the perfect place to call home!

Newest Smokey Point Homes with 55 - 5-9 Units Style

$1,850,000
2498475 MLS ⋅ ACTIVE Status
Great opportunity to own this renovated 6-unit multi-family investment in Marysville/Arlington that offers 6,084 SF on 22,651 SF of land partially fenced with private patios for each unit with 15 parking spaces. Located in a Residential area making this the perfect community living. Strong tenants & income in place, still room to grow income and NOI with ZERO Vacancy! Tenants pay own Electricty, Trash & Recycle. All units are 2 bedrooms & 1 Bathroom and VERY LARGE units at 1,014 SQFT each. Recent renovations include eletrical, plumbing, venting, insulation, gutters, downspouts, landscaping, exterior & interior paint and many other items. Current Proforma Revenue: $140820 (current 2026) Expenses: 25,000/year, NOI: $115,820, Cap Rate: 6.3%. Market rate in 12-18 months $2,300+. Proforma Income $165k CAP at 7.85%! Units 4 is completed renovated with new kitchen, countertops, bathroom, appliance etc... Now rent Unit 4 $2,200 and $2300+ Market Rate in the future! Units have updated paint, flooring, carpet upgrades of Appliances, Hot Water tanks & items from 2023. Newer fencing and lots of backyard space for all tenants. Located in a growing Arlington area with strong rental demand and Businesses. The new 2.8 million SF Amazon Fulfillment Center, Coca Cola Plant, Airport, just minutes away. Smokey Point Community Park is walking distance across the street with playground and athletic areas. Huge retail Mall Plaza with Target, Costco, Retail and Restaurants just minutes away!

17820 Smokey Point Boulevard, Arlington

Listing courtesy of Realty One Group Enterprise.

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