Arlington Homes with 56 - 10+ Units Style

Arlington Homes with 56 - 10+ Units Style

Welcome to Arlington, Washington—a hidden gem nestled in Snohomish County that perfectly blends the charm of small-town living with the conveniences of modern life. Surrounded by breathtaking natural beauty, this vibrant community is a haven for outdoor enthusiasts, families, and anyone looking to enjoy a peaceful yet engaging lifestyle.

Arlington boasts a variety of neighborhoods, each with its unique character and charm. From tree-lined streets to picturesque parks, the area is designed for those who appreciate the great outdoors. With the stunning backdrop of the Cascade Mountains, residents can enjoy hiking, biking, and exploring the lush landscapes that make this region so special. The nearby Stillaguamish River offers opportunities for fishing, kayaking, and leisurely strolls along its scenic banks.

For families, Arlington is a community that prioritizes education and safety. The local schools are known for their dedicated staff and strong academic programs, making it an excellent place to raise children. Community events, farmers' markets, and local festivals foster a sense of camaraderie among neighbors, ensuring that newcomers feel right at home.

When it comes to housing, Arlington offers a diverse range of options, including homes with 56 to 10+ units that cater to various lifestyles. Whether you're looking for a spacious family home, a cozy townhouse, or a multi-unit investment property, Arlington has something for everyone. With its affordable housing market and strong sense of community, Arlington is not just a place to live—it's a place to thrive.

Explore Arlington today and discover the perfect balance of nature, community, and opportunity that awaits you!

Newest Arlington Homes with 56 - 10+ Units Style

$7,300,000
2505434 MLS ACTIVE Status
Portage Creek Apartments is a well-maintained 28-unit property located in Arlington, offering investors immediate rent growth with minimal execution risk. It has benefited from significant capital improvements, with 24/28 units already renovated featuring updated flooring, paint, cabinets, and CT. In addition, the exterior has been recently repainted, enhancing curb appeal and reinforcing the asset’s strong physical condition. Despite these upgrades, in-place rents remain below market, providing a clear opportunity to increase revenue without the need for further interior renovations. All units include in-unit W/D and feature large floor plans averaging 1,009 SF, a compelling differentiator in the local rental market. The unit mix is further enhanced by value-added amenities, including several units with attached garages and a total of 14 garages on site, 2 of which are currently utilized by ownership and offer immediate incremental income potential. Most units also feature expansive private decks, adding an outdoor living space that supports tenant retention and higher market rents. With a strong renovation base already in place, investors can focus on mark-to-market rent growth, selective completion of remaining upgrades if desired, and long-term optionality through future redevelopment potential via the excess parking area. Collectively, these attributes position the property as a high-quality asset with multiple, low-friction avenues for income growth and appreciation.

21125 81st Street NE, Arlington

Listing courtesy of Northmarq Multifamily, LLC.

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