$ 1,150,000
-
$1,150,000
Price -
10
Bed -
8
Bath -
4,800
SqFt
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About the Listing 9978 - 23338
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). Individual MLS#'s are 2511513 for 2406 Callow Rd and 2511577 for 2410 Callow Rd.
Listing Highlights
Interior Details
- Bedrooms: 10
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Vinyl,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Sno Co PUD
Exterior Details
- Lot Description: Paved,Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,Patio,Zoning: Residential
- Garage Capacity: N/A
- Parking Spaces: 8
- Lot Dimensions: 120X261
- Zoning: Residential
- Roof: Composition
- Others: Cement Planked,Wood,Wood Products,Fair
- Sewer: Lake Stevens Sewer District
Financial Details
- Tax Amount: $11,082
- Taxes w/Assessments: N/A
- Tax/Property ID: 38550040050007
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2406 & 2410 Callow Rd Lake Stevens, WA 98258
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