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Listing provided courtesy of Real Property AssociatesNWMLSas Distributed by MLSGrid- MLS# NWM2511069MLS Provider

16425 Broadway AvenueSnohomish, WA 98296

Multi-Family · 4 Beds · 2,230 Sq. ft. | 0.24 Acres
$750,000 Active

16425 Broadway Avenue Overview

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Welcome to this exceptional commercial property zoned R-5 RB for both business and residential use, situated on an expansive 10,454 sq/ft corner lot. This well-established duplex w/ great cash flow opportunities. Situated conveniently close to major highways, including 9, 522, and 405, its prime location ensures ease of access and high demand for rental units. The commercial zoning opens up exciting possibilities for increasing the property's value. In addition, its proximity to abandoned RR tracks earmarked for future trail development adds another layer of potential appreciation. Both units of this property offer spacious layouts featuring 2 bedrooms and 1 bathroom each, complemented by generously sized living rooms complete w/ fireplaces.

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16425 Broadway Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,230
  • Price/Sq.ft. $336
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Snohomish
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 50400
  • Insurance Expense: 1269
  • Net Operating Income: 42200
  • Total Expenses: 8200
  • Total Monthly Income: 50400
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 1922

Location/Region

  • Country: US
  • County Or Parish: Snohomish
  • MLS Area Major: 610 - Southeast Snohomish
  • Subdivision Name: Maltby

Tax Information

  • Tax Annual Amount: $6,931.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 00403800900100
  • Possible Use: Multi-Family,Residential
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Possible: 4
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2230
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2230
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 2230
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas
  • Security Features: Partially Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: RV Parking
  • Parking Total: 6
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Paved, Value In Land
  • Lot Size Acres: 0.24
  • Lot Size Square Feet: 10454
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Number Of Units Total: 2
  • Sewer: Septic Tank

Unit Information

Unit 2 Details

  • Actual Rent: 1950
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 2250
  • Beds Total: 2
  • Baths Total: 1

16425 Broadway Avenue Neighborhood

Community

98296 (SNOHOMISH) Demographics

39
Median Age
887
Population Density (per sq. mile)
57%
College Educated
$143,106
Estimated Median Income
8,957
Estimated Total Home Owners
1,086
Estimated Total Renters
89% / 11%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

16425 Broadway Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

16425 Broadway Avenue Market Data

Based on the last 30 days in this zip code

$1,075,474
Average List Price
$434
Average Price per Square Foot
46
Properties Sold
44
Average Days on Market
150
Properties for Sale
Calculations provided by Reliance Network

16425 Broadway Avenue History

Date Event Value Agent
6/30/2026Source: NWMLS Price Reduction
$750,000 -2.0%
6/1/2026Source: NWMLS Price Reduction
$765,000 -1.3%
4/21/2026Source: NWMLS Added to Database
April 21, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021