LKV Realty
Logo
Jessica SchmulandReal Residential
$850,000
2424 99th Avenue NE, Lake Stevens, WA 98258Listing ID 2549662

2424 99th Avenue NE, Lake Stevens, WA 98258

Active
Lake Stevens
Last updated: Aug 5, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Square Feet
Square Feet
2,400
Acres
Acres
0.42
Cooling
Cooling
None
Heating
Heating
Baseboard, Wall Furnace
Year Built
Year Built
1991
Garages
Garages
2

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.

Property Information

Property Details

Location

Address
2424 99th Avenue NE
County
Snohomish
City
Lake Stevens
Zip Code
98258
Subdivision
Lake Stevens
School District
Lake Stevens
MLS Area
760 - Northeast Snohomish?

Interior Features

Heating and Cooling

Cooling
None
Heating
Baseboard, Wall Furnace

Building

Building Information

Square Feet
2,400
Year Built
1991
Construction
Wood
Foundation
Block
Roof
Composition
Condition
Good

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$6,288
Tax Year
2025
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 07:31 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM114214

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.