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Pending · Residential Income

1601 131st Drive NE, Lake Stevens, WA 98258

Lake Stevens, WA 98258

$875,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Ballpark Realty · MLS #2563772 · Pending

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About this property

Rare Lake Stevens Duplex Investment Opportunity! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex offers exceptional flexibility and value. Each spacious unit features 3 bedrooms, 2.5 bathrooms, approximately 1,400 square feet, oversized primary suites with walk-in closets, oak cabinetry, cozy gas fireplaces, and fully fenced private yards. Capital improvements provide peace of mind, including a new furnace and new water heaters, while gutter guards help minimize exterior maintenance. The right-side unit boasts an expansive backyard complete with a patio and sprinkler system—perfect for outdoor entertaining or relaxing. Ideally located within walking distance of Lake Stevens waterfront, the popular Farmers Market, and the charm of Historic Downtown Lake Stevens, this property offers an unbeatable combination of convenience, lifestyle, and strong rental appeal. A turnkey opportunity in a highly desirable location with excellent long-term investment potential.

Property details

Property type
Multi Family
Year built
1998
Lot size
11,326 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$8,095 (2026)
Parking spaces
8
School district
Lake Stevens
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/6/2026, 9:49:06 AM Pacific. 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.

IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team