This home's estimate is 17% lower than the average sale price ($1.05M) of 6 comparable homes.
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2406 & 2410 Callow Rd, Lake Stevens, WA 98258
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About this home
Rare multi-unit investment opportunity in the heart of Lake Stevens! This offering includes two side-by-side duplexes situated on a combined 0.72-acre lot, delivering scale, flexibility, and strong long-term upside. The unit mix features two 2-bedroom, 1.5-bath units at 2406 Callow Rd and two larger 3-bedroom, 1.5-bath units at 2410 Callow Rd—ideal for attracting a diverse tenant base. All four units include a stove, refrigerator, dishwasher, and in-unit washer/dryer hookups, providing the conveniences renters are looking for. Unit 2406 #B is available for showings and offers a representative look at the overall condition and layout. Both duplexes feature brand new roofs installed in April 2026, minimizing near-term capital expenses. Current rents are well below market, presenting a clear value-add opportunity to increase income and maximize returns. Properties may be purchased individually or together, with a discount available for buyers acquiring both—an excellent chance to secure adjacent income-producing assets in a strong rental market. Huge backyard behind all the units can be made more useable as the tenant has done at 2406 Unit A (most southerly unit). Individual MLS#'s are 2511513 for 2406 Callow Rd and 2511577 for 2410 Callow Rd.

Redfin Estimate
Market trends in 98258, WA
Last updated July 2026
Buyer's Market
Seller's Market
Seller's market
- NEW 17 HRS AGO$629,0004 beds3 baths1,469 sq ft8317 14th Pl SE, Lake Stevens, WA 98205Rob Calkins • Realty One Group Orca
- OPEN SUN, 11AM TO 1PM$700,0005 beds3 baths2,562 sq ft9901 13th St SE, Lake Stevens, WA 98258Julie Ochoa • John L. Scott Lake Stevens
- OPEN TODAY, 12PM TO 3PM$655,0003 beds2.5 baths2,010 sq ft2237 100th Dr SE, Lake Stevens, WA 98258Paul Payton • Windermere RE Greenwood
- NEW 28 HRS AGO$2,575,0003 beds2 baths2,550 sq ft9727 N Davies Rd, Lake Stevens, WA 98258John Miller • John L. Scott Snohomish
- REDFIN OPEN TODAY, 2PM TO 4PM
- OPEN TODAY, 1PM TO 4PM$949,0003 beds2 baths2,131 sq ft9903 146th Ave NE, Granite Falls, WA 98252Lisa Johnson • Berkshire Hathaway HS NW
- OPEN TODAY, 12PM TO 3PM$775,0004 beds3 baths1,944 sq ft3505 Catherine Dr, Lake Stevens, WA 98258Kelly Hopper • CENTURY 21 Real Estate Center
- $599,9003 beds2 baths1,394 sq ft11703 30th St NE, Lake Stevens, WA 98258Casey Price • Windermere Real Estate/M2, LLC
- OPEN TODAY, 2PM TO 4PM$660,0004 beds3 baths2,158 sq ft3206 91st Dr NE, Lake Stevens, WA 98258Kristopher Ellis • eXp Realty
- OPEN TODAY, 12PM TO 2PM$599,0003 beds2 baths1,040 sq ft8414 14th Pl SE, Lake Stevens, WA 98258Olivia Kyles • Hansen Group Real Estate Inc
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Sale and tax history for 2406 & 2410 Callow Rd
- Sale History
- Tax History
$120/sq ft
$120/sq ft
$244/sq ft
$240/sq ft
$26/sq ft
$23/sq ft
$12/sq ft
$6/sq ft
$5/sq ft
Public record
- Public record
- Zoning
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.Include but are not limited to:
- Healthcare
- Housing-Single unit
- Housing-Multiple units
- Communications tower
Property details
Parking
- Parking Information
- Parking Uncovered Total: 8
Interior
- Heating & Cooling
- Has Heating
- Heating Information: Wall Furnace
- Cooling Information: None
- Interior Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Multi-Family Financial Information
- Insurance Expense: $4,200
- Net Operating Income: $42,738
- Gross Adjusted Income: 0
- Gross Scheduled Income: $70,860
- Total Monthly Income: 5905
- Gross Rent Multiplier: 0
- Total Expenses: 28122
- Multi-Unit Information
- Units Below Grade: false
- Units In Building Total: 4
- # of Units (Total): 4
- Unit Type 1 Information
- Unit Name: 2406 A
- # of Bathrooms: 2
- # of Bedrooms: 2
- Range/Oven: true
- Refrigerator: true
- Dishwasher: true
- Unit Sq. Ft.: 1,200
- Actual Rent: $1,335
- Unit Type 2 Information
- Unit Name: 2406 B
- # of Bathrooms: 2
- # of Bedrooms: 2
- Range/Oven: true
- Refrigerator: true
- Dishwasher: true
- Unit Sq. Ft.: 1,200
- Actual Rent: $1,750
- Unit Type 3 Information
- Unit Name: 2410 A
- # of Bathrooms: 2
- # of Bedrooms: 3
- Range/Oven: true
- Refrigerator: true
- Dishwasher: true
- Unit Sq. Ft.: 1,200
- Actual Rent: $1,485
- Unit Type 4 Information
- Unit Name: 2410 B
- # of Bathrooms: 2
- # of Bedrooms: 3
- Range/Oven: true
- Refrigerator: true
- Dishwasher: true
- Unit Sq. Ft.: 1,200
- Actual Rent: $1,335
Exterior
- Building Information
- Construction Methods: Standard Frame
- Construction Materials: Cement Plank, Wood
- Roof: Composition
- Exterior Features
- Exterior Features: Cement Planked, Wood, Wood Products
- Property Information
- Energy Source: Electric
- Style Code: 52 - Duplex
- Property Type: Residential Income
- Property Sub Type: Multi Family
- Property Condition: Fair
- Has View
- Land Information
- Possible Use: Residential
- Lot Information
- Lot Number: 5 & 6
- MLS Lot Size Source: Tax Records
- Site Features: Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,Patio
- Zoning Jurisdiction: City
- Lot Features: Paved
- Lot Size Units: Square Feet
- Lot Size Acres: 0.72
- Lot Size Dimensions: 120X261
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $11,082
- Tax Year: 2026
- Financial Information
- Listing Terms: Cash, Conventional
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Source: Public
- Water Company: Sno Co PUD
- Power Company: Sno Co PUD
- Sewer: Sewer Connected
- Sewer Company: Lake Stevens Sewer District
- Water Sewer Garbage: 12840
- Cable Connected: Xfinity
- Internet Connected: Xfinity
Location
- School Information
- Elementary School: Highland Elem
- Middle Or Junior High School: North Lake Mid
- High School: Lake Stevens Snr Hig
- High School District: Lake Stevens
- Location Information
- Directions: Follow signs towards Lake Stevens property. Once on Lundeen Pkwy go north on Callow Rd at the roundabout. Property is on the left
- Community Information
- Amenities: Thermal Windows
Public facts
- Beds: 4
- Baths: 3.0
- Sq. Ft.: 2,400
- Stories: 2.0
- Lot Size: 0.36 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1990
- Year Renovated: —
- County: Snohomish County
- APN: 00385500400500
Other
- Listing Information
- Buyer Brokerage Compensation: 2.5
- Buyer Brokerage Compensation Type: %
- Mls Status: Sold
- Listing Date Information
- On Market Date: Wednesday, April 22, 2026
- Green Information
- Green Energy Efficient: Thermal Windows
- Power Production Type: Electric
- Home Information
- Calculated Square Footage: 4800
- MLS Square Footage Source: Tax Records
- Building Area Total: 4800
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Building Name: Baily's First Add to Lake Stevens Sandy Beach Trac
- Structure Type: Duplex
- Stories Total: 2
- Security Features: Partially Fenced
Around this home
Schools
Public PreK-5 • Assigned • 0.8mi
Public 6-7 • Assigned • 1.1mi
Public 10-12 • Assigned • 0.6mi
Climate risks
Estimated 80%+ chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 86° expected this year, 17 days in 30 years
Minimal risk of severe winds over next 30 years
9 unhealthy days expected this year, 10 days in 30 years
Sun exposure
Very good sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 98205
Home values near 2406 & 2410 Callow Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1124 Sq. Ft. | $463,998 |
- Beds | - Baths | - Sq. Ft. | $298,992 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1352 Sq. Ft. | $563,439 |
2 Beds | 1 Baths | 826 Sq. Ft. | $523,488 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1.5 Baths | 1612 Sq. Ft. | $586,264 |
2 Beds | 1 Baths | 840 Sq. Ft. | $408,697 |
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