Listed by Stuart Steadman • Keller Williams Realty PS. Bought with Bushnell Real Estate Solutions.
Off market sep 2025 for $810K
$910,601
Est. refi paymentEst. refi$339/mo
5
bd
•
2.75 ba
•
2,519
sq ft
118 S Davies Rd, Lake Stevens, WA 98258
About this home
Desirable one level duplex in sought-after Davies Beach location! Ideal for a possible owner's unit that has 3 bedrooms and 1.75 bathrooms. Nice primary bedroom with primary bathroom. Additional 2 bedroom and 1 bathroom unit. No garage, but lots of parking. Each unit has a washer and dryer hook-up (washer and dryer not included in sale). All kitchen appliances stay. Two tax parcels included in sale. Total square footage of land is 48,351 or 1.11 acres. Land is flat and has a large lawn area. Possible to add an ADU (buyer to verify). Rents are below market value. Lake and mountain views from property. Amazing location is just steps from public lake access. Duplex next door is also available. This is the investment you've been waiting for!
Multi-familyProperty Type
1975Year Built
1.11 acresLot Size
$361Est. Price/Sq.Ft.
8 spacesParking
Listed by Stuart Steadman• Keller Williams Realty PS
Bought with Kristin Bushnell• Bushnell Real Estate Solutions
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.47 Acres
Year renovated
—
Sq. Ft.
2,231
Year built
1975
Style
Multi-Family (2-4 Unit)
County
Snohomish County
APN
00493300900301
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 3, 2026.
R4
Single-Family District
The R4 Single-Family district is designed primarily to accommodate single-family detached residential uses and at medium densities of four to five dwelling units per net buildable acre with the potential of some density bonuses. Some types of attached and accessory residences may be allowed.
Permitted uses
Include but are not limited to:
Healthcare
Housing-Single unit
Housing-Multiple units
Communications tower
Property details
Parking
Parking Information
Parking Uncovered Spaces: 8
Parking Features: RV Parking
Open Parking Spaces: 8
Has Open Parking
Interior
Heating & Cooling
Has Heating
Heating Information: Baseboard
Cooling Information: None
Interior Features
Flooring: Laminate, Carpet
Multi-Family Financial Information
Insurance Expense: $4,437
Net Operating Income: $30,347
Gross Adjusted Income: 17629
Gross Scheduled Income: $47,976
Total Monthly Income: 47976
Gross Rent Multiplier: 28
Total Expenses: 17628
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Unit Type 1 Information
Unit Name: 118
# of Bathrooms: 1
# of Bedrooms: 2
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 1,000
Actual Rent: $1,899
Unit Type 2 Information
Unit Name: 120
# of Bathrooms: 1.75
# of Bedrooms: 3
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 1,531
Actual Rent: $2,099
Exterior
Building Information
Construction Materials: Brick, Wood
Roof: Composition
Exterior Features
Exterior Features: Brick, Wood
Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Has View
Lot Information
Lot Number: 3
MLS Lot Size Source: County Records
Site Features: Patio,RV Parking
Zoning Jurisdiction: City
Lot Features: Paved, Value In Land
Lot Size Units: Square Feet
Lot Size Acres: 1.11
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $8,290
Tax Year: 2025
Financial Information
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Sewer: Sewer Connected
Water Sewer Garbage: 4901
Location
School Information
Elementary School: Glenwood Elem
Middle Or Junior High School: Lake Stevens Middle
High School: Lake Stevens Snr Hig
High School District: Lake Stevens
Location Information
Directions: Go North on S Lake Stevens Rd to Davies Rd (West side of Lake Stevens) to duplex just before public park access
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,231
Stories: 1.0
Lot Size: 0.47 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1975
Year Renovated: —
County: Snohomish County
APN: 00493300900301
Home facts updated by county records on Nov 3, 2026
Other
Listing Information
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Mls Status: Sold
Listing Date Information
On Market Date: Monday, August 11, 2025
Green Information
Power Production Type: Electric
Home Information
Calculated Square Footage: 2519
MLS Square Footage Source: County Records
Building Area Total: 2519
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Lake Stevens Summer
Year Built Effective: 1975
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 1
Around this home
Schools
K - 12
Preschool & daycare
Glenwood Elementary School
Public K-5 • Assigned • 1.3mi
8/10
Lake Stevens Middle School
Public 6-7 • Assigned • 1.1mi
8/10
Lake Stevens Senior High School
Public 10-12 • Assigned • 2.0mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Lake Stevens, WA • 98258
Average low and high temperatures (°F)
46
33
47
34
53
38
60
40
65
46
71
50
76
53
77
56
72
52
58
43
51
41
48
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.4 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.4 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$866,000 – $1.05M
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