17712 40th Avenue NW, Stanwood, WA 98292

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Listing courtesy of KW North Sound. Selling Office: North48 Real Estate.

Sold Price
$675,000
List Price
$675,000
Status
SOLD
MLS#
2444421
Closing Date
Nov 25, 2025
Days on Market
23
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,200
Area Total SqFt
1200
Annual Tax Ammount
2103.15
Internet Provider
Astound
Lot Size (sq ft)
19,602
Sewer
Septic Tank

Property Description

Great investment opportunity in the Lakewood area! This duplex sits on a ½-acre lot with an additional RV site featuring full hookups and its own electrical meter—three income sources total. The updated upper unit offers 1 bedroom, an open kitchen with an island, vinyl plank flooring, a full bath, and washer/dryer hookups. The lower studio includes a ¾ bath, kitchen, and stack washer/dryer. Shared 2-car garage, storage shed, and spacious yard with garden area. Minutes from Lake Goodwin and in sought-after Lakewood schools!

Additional Information

List Date
2025-11-02 00:00:00
Community
Lakewood
Net Operating Income
$37,137
Gross Adjusted Income
$42,300
Gross Scheduled Income
$42,300
Total Monthly Income
$3,525
Insurance Expenses
$1,500
Water/Sewer/Garbage Expenses
$1,560
Gross Rent Multiplier
15.9
Total Expenses
$5,163
Cap Rate
5.5
Total Number of Units
3
Unit Name
17712
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1987
Roof
Composition
Site Features
Deck, Fenced-Partially, High Speed Internet, Outbuildings, RV Parking
Energy Source
Electric
School District
Lakewood
Total Monthly Income
$3,525
Gross Scheduled Income
$42,300
Gross Adjusted Income
$42,300
Tax Year
2025
Insurance Expense
$1,500
W/S/G Expenses
$1,560
Total Expenses
$5,163
Net Operating Income
$37,137
Gross Rent Multiplier
15.9
Cap Rate
5.5
Based on information submitted to the MLS GRID as of . 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.
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