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).
Listing Provided Courtesy of Dan Pittsenbarger, Keller Williams Western Realty
General Information
NWM2511679
Multi Family
1
DOM
0.72 acres
4800
1990
Residen
Snohomish
Highland Elem
North Lake Mid
Lake Stevens Sn
Residential Incom
Multi Family
Listing Provided Courtesy of Dan Pittsenbarger, Keller Williams Western Realty
Krishna Realty data last checked: Apr 23, 2026 04:25 | Listing last modified Apr 23, 2026 00:20,
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Residence Information
4800
Composition
52 - Duplex
1990
Poured Concrete
Thermal Windows
Features and Utilities
Cement Planked, Wood, Wood Products
Public
Sewer Connected
0
Financial
11082
Cash, Conventional
04-22-2026
Comparable Information
1
1
Cash, Conventional
$1,150,000
$1,150,000
Apr 23, 2026 00:20
Schools
Elementary : Highland ElemN/ARatings Middle : North Lake Mid N/ARatings High : Lake Stevens SnN/ARatings
Map
Listing courtesy of Keller Williams Western Realty.
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).
