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Listing courtesy of COMPASSJeffrey Harrison · 425-985-9353 · [email protected]NWMLS Courtesy of NWMLS

Active

6928 51st Avenue NE, Marysville, WA 98270

Marysville, WA 98270 · MLS# 2594761

$1,250,000

  • 2 beds
  • 1 bath
  • 1,420 sq ft
  • Built 1987

About this home

Marysville development opportunity—two adjoining parcels totaling approximately 0.76 acres, with potential for 24 townhomes or a 44-unit apartment complex, subject to buyer verification and City approval. Offered together, 6928 51st Avenue NE and 6924 Armar Road NE present an opportunity for builders and developers to pursue a for-sale townhome community or a long-term multifamily investment. Evaluate both parcels under a coordinated site plan to optimize building placement, access, circulation, and parking. Two existing habitable homes may provide interim rental income during feasibility, design, and permitting, potentially helping offset carrying costs before redevelopment. Explore two development strategies: build and sell individual townhomes or develop apartments for rental income. Bring your architect, engineer, and construction team to assess site yield, entitlement requirements, construction costs, and projected returns. Potential unit counts are preliminary and do not represent approved plans or entitlements. Buyer to independently verify lot area, zoning, permitted uses, density, utilities and capacity, access, parking, setbacks, and all development requirements to their satisfaction.

Details

Status
Active
MLS number
2594761
Property type
Residential
Lot size
32,916 sq ft
Cumulative days on market
2
County
Snohomish
Style
Single Family Residence
Levels
One and One Half
Heating
Stove/Free Standing
Cooling
None
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Flooring
Ceramic Tile, Hardwood, Carpet
Parking
Attached Garage, RV Parking
New construction
No
Annual property tax
5001
Tax year
2026