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Investment Highlights

  • City-approved plans for 16 townhomes with all civil engineering and subdivision work completed.
  • Located centrally in Marysville with convenient access to I-5 and key regional thoroughfares.
  • Within a growing residential submarket near schools, shopping, and local amenities.
  • Level 0.92-acre site with full utilities in place.
  • Existing house provides interim income opportunity during project planning and build-out phases.
  • Situated in a competitive yet supply-constrained area, supporting strong multifamily demand.

Executive Summary

Investors & Builders Alert ! Great Location in the Heart of Marysville Prime area rarely find .92 Acre Level lot Multifamily Zoning 16 Townhomes approved by City of Marysville, all Civil Engineering subdivision complete and just need start ground work. Existing House is really in good condition & livable occupied by Tenant.

Property Facts

Price $1,384,530 CAD
Price Per Unit $81,443 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.99 AC
Building Size 2,400 SF
No. Stories 2
Year Built 1928

Amenities

Unit Amenities

  • Air Conditioning

Site Amenities

  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 17 - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
300528-004-027-00
Land Assessment
$1,107,624 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,107,624 CAD
  • Listing ID: 40757326

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 6506 Armar Rd, Marysville, WA 98270

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