Listed by Brendan Greenheck • Northmarq Multifamily, LLC. Bought with Kelly Right RE of Seattle LLC.
Off market jun 2025 for $2.6M
—
Est. refi paymentEst. refi$17,538/mo
22
bd
•
16 ba
•
12,470
sq ft
6511 Armar Rd, Marysville, WA 98270
About this home
We are pleased to present The Armar in Marysville, WA. This 1968 vintage asset features 11 large, partially renovated townhome units averaging 1134 SF. There are 10, 2-bedroom 1.5-bathroom units and 1, 2-bedroom 1-bathroom unit. Unit interiors feature value add potential with laminated vinyl plank flooring, new lighting fixtures, and refaced cabinets. There is potential to increase the in-place NOI by capturing a 13% delta between current and market rents. The Armar provides an excellent opportunity for an investor to acquire a stabilized asset with large units in a landlord friendly submarket.
Multi-familyProperty Type
1968Year Built
0.68 acresLot Size
$211Price/Sq.Ft.
19 spacesParking
Listed by Brendan Greenheck• Northmarq Multifamily, LLC
Bought with Ram Thiru• Kelly Right RE of Seattle LLC
*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
Permits
Beds
—
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
0.68 Acres
Year renovated
—
Sq. Ft.
11,088
Year built
1968
Style
Multi-Family (5+ Unit)
County
Snohomish County
APN
30052800402100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
R6.5
High Density Single-Family
The R-6.5 zone is a high-density single-family residential zone. It allows single-family residences at a density of 6.5 dwelling units per acre. Duplexes are permitted outright on 7,200-square-foot lots with a maximum density of eight dwelling units per acre. The major type of new development will be detached single-family residences. The R-6.5 zone is applied to areas that are designated high density single-family on the land use plan map of the comprehensive plan.
Jun 2, 2026 • Final
Multi family electrical
Electrical
May 6, 2026 • Final
Multi family electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 7
Open Parking Spaces: 7
Carport Spaces: 12
Has Open Parking
Interior
Heating & Cooling
Has Heating
Heating Information: Baseboard
Cooling Information: None
Interior Features
Flooring: Vinyl Plank
Multi-Family Financial Information
Insurance Expense: $7,418
Other Expense: $34,709
Net Operating Income: $188,009
Gross Adjusted Income: 236664
Gross Scheduled Income: $249,120
Total Monthly Income: 267684
Gross Rent Multiplier: 12.44
Total Expenses: 79675
Multi-Unit Information
Units Below Grade: false
Vacancy Rate: 5
# of Units (Total): 11
Unit Type 1 Information
Unit Name: 1
# of Bathrooms: 1.5
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 1,150
Actual Rent: $2,000
Unit Type 2 Information
Unit Name: 2
# of Bathrooms: 1.5
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 1,150
Actual Rent: $1,895
Unit Type 3 Information
Unit Name: 3
# of Bathrooms: 1.5
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 1,150
Actual Rent: $1,795
Unit Type 4 Information
Unit Name: 4
# of Bathrooms: 1.5
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 1,150
Actual Rent: $1,895
Unit Type 5 Information
Unit Name: 5
# of Bathrooms: 1.5
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 1,150
Actual Rent: $1,795
Unit Type 6 Information
Unit Name: 6
# of Bathrooms: 1.5
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 1,150
Actual Rent: $1,895
Unit Type 7 Information
Unit Name: 7
# of Bathrooms: 1.5
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 1,150
Actual Rent: $1,895
Unit Type 8 Information
Unit Name: 8
# of Bathrooms: 1.5
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 1,150
Actual Rent: $1,795
Unit Type 9 Information
Unit Name: 9
# of Bathrooms: 1.5
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 1,150
Actual Rent: $1,900
Unit Type 10 Information
Unit Name: 10
# of Bathrooms: 1.5
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: false
Unit Sq. Ft.: 1,150
Actual Rent: $1,895
Exterior
Building Information
Construction Materials: Brick, Wood
Roof: Composition
Exterior Features
Exterior Features: Brick, Wood
Property Information
Energy Source: Geothermal
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi Family
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: County
Site Features: Patio
Lot Features: Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.68
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $22,188
Tax Year: 2024
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Other
Utilities
Utility Information
Sewer: Available
Water Sewer Garbage: 15360
Location
School Information
Elementary School: Liberty Elem
Middle Or Junior High School: Marysville Mid
High School: Marysville Getchell High
High School District: Marysville
Location Information
Directions: Take Exit 199; Turn Right onto WA-528 E/Fourth St; Turn Left onto 47th NE/Liberty St; Slight Right onto Arlington-Marysville Rd/Armar Rd; Destination will be on the Right
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 11,088
Stories: 2.0
Lot Size: 0.68 acres
Style: Multi-Family (5+ Unit)
Year Built: 1968
Year Renovated: —
County: Snohomish County
APN: 30052800402100
Home facts updated by county records on Oct 5, 2026
Other
Listing Information
Buyer Brokerage Compensation: 2.0
Buyer Brokerage Compensation Type: %
Mls Status: Sold
Listing Date Information
On Market Date: Friday, December 13, 2024
Green Information
Power Production Type: Geothermal
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 0
Building Area Total: 0
Building Area Units: Square Feet
Year Built Effective: 1968
Effective Year Built Source: Public Records
Structure Type: Multi Family
Stories Total: 2
Around this home
Schools
Liberty Elementary School
Public PreK-5 • Assigned • 0.3mi
5/10
Marysville Middle School
Public 6-8 • Assigned • 0.3mi
3/10
Marysville Getchell High School
Public 9-12 • Assigned • 2.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 84° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Marysville, WA • 98270
Average low and high temperatures (°F)
47
35
48
36
54
40
61
43
67
48
72
53
77
55
77
58
72
54
60
46
52
43
49
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.2 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.