2424 99th Avenue NE, Lake Stevens, WA 98258 (MLS # 2549662)

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Listing provided courtesy of Northwest MLS; Real Residential

PRICE $870,000
BEDS 0
BATHS 0
HOME SIZE 2,400 sqft
LOT SIZE 18,296 sqft

Beautifully updated duplex in a prime Lake Stevens location, offering an exceptional opportunity for investors or owner-occupants. This turnkey property boasts an impressive 6% cap rate, making it an attractive addition to any investment portfolio. Each spacious unit features a functional two-story floor plan with an open main level, including a generous living area, updated kitchen, and convenient half bath, while the upper level offers comfortable bedrooms and a full bath. Recent improvements throughout provide a fresh, modern feel, and the former carports have been converted into fully enclosed garages for added convenience, security, and storage. Each unit also enjoys a private backyard, creating a welcoming outdoor space to relax or entertain. Ideally situated just blocks from Lundeen Park, Lake Stevens, neighborhood amenities, and with easy access to I-5, Highway 9, and Frontier Village, this property offers the perfect combination of strong cash flow, modern updates, and an outstanding location.

LAST UPDATED 7/7/2026 TRACT Lake Stevens
YEAR BUILT 1991 COMMUNITY Lake Stevens
GARAGE SPACES 2.0 COUNTY Snohomish
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 760 - Northeast Snohomish?
CONSTRUCTION Wood Siding
GARAGE Yes
HEAT Baseboard, Electric, Wall Furnace
LOT 0.42 acre(s)
LOT DESCRIPTION Dead End Street, Paved
MLS STATUS Active
STORIES 2
STYLE 52 - Duplex
SUBDIVISION Lake Stevens
TAXES 6287.57
UTILITIES Sewer Connected
WATER Public

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/7/26 10:44 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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