1601 131st Drive NE Lake Stevens, WA $ 875,000
1601 131st Drive NE
$ 875,000
Recently Listed
Open House 8/8 12pm - 2pm
Share Save

1601 131st Drive NE

Lake Stevens, WA, 98258
$ 875,000
Bedrooms6 Baths6.0 Sq 2,778

Monthly Estimate*

$ 5,525

Listed by Ballpark Realty
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 1
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 2
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 3
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 4
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 5
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 6
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 7
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 8
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 9
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 10
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 11
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 12
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 13
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 14
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 15
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 16
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 17
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 18
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 19
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 20
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 21
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 22
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 23
1601 131st Drive NE, Lake Stevens, WA 98258 - Image 24

Multi-Family Home for sale in Lake Stevens, WA

for $875,000 with 6 bedrooms and 6 full baths. This 2,778 square foot home was built in 1998 on a lot size of 0.26.

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.

See more

Open House

8/8/2026 12:00 PM - 2:00 PM
1601 131st Drive NE Lake Stevens, WA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 875,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,095

Style

Duplex

Lot Size

0.26

Year Built

1998

Town/City

Lake Stevens

County/Region

Snohomish

MLS | Web ID

2563772

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 4
Security Features Fully Fenced
Year Built 1998
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Snohomish
Net Operating Income 44829
Insurance Expense 1858
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lake Stevens
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS Is Accurate
High School Lake Stevens Snr Hig
City Lake Stevens
Senior Community Y/N N
High School District Lake Stevens
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 760 - Northeast Snohomish?
Lot Size Units Square Feet
Lot Size Square Feet 11326
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Mt. Pilchuck Elem
Tax Annual Amount 8095
Electric Expense 0
Fuel Expense 0
Middle/Junior High School North Lake Mid
Public Remarks 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 dupl
Leasable Area 2778
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 5
See more
Exterior
Exterior Amenities Cement Planked
Lot Features Cul-De-Sac
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 2778
Lot Size Acres 0.26
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully
Parking Uncovered Total 4
See more
Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
See more
Internal Only
OriginalMLSID NWM2563772
Street Number 1 1601
See more
* Excluded Features
List By
Amanda Weis

Listing Agent

Ballpark Realty

Broker

Affordability Calculator

$6,199
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,525
Monthly Property Taxes
$675
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4901015 Elementary School
257162 Middle School
Lake Stevens Snr Hig High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2026$875,000 Listed Price

Map


See all

1601 131st Drive NE, Lake Stevens, WA, 98258 is a Multi-Family Home for sale at $875,000 with 2,778 sqft and a lot size of 0.26. 1601 131st Drive NE has 6 bedrooms, 6.0 baths, and was built in 1998. The property's zip code is 98258 which is in Lake Stevens, WA