2004 Valley View Dr

4.5
Baths
3,776 Sq. Ft.
$318 / Sq. Ft.
3,776
Sq. Ft.
$318
per Sq. Ft.

Description

Welcome to this stunning triplex nestled in Lake Stevens on 1.61 acres! As you enter, the property features breathtaking river/valley views. Explore opportunities for investment with three rental units, all currently rented; immediate income potential. Two units offer 944sqft, two-bedroom, one-bath spaces w/ two-car carports. For the resident's convenience, separate laundry/storage are also provided. The third unit boasts 1800+sqft, two ensuites, an in-unit laundry, & office space, w/ custom features...Welcome to this stunning triplex nestled in Lake Stevens on 1.61 acres! As you enter, the property features breathtaking river/valley views. Explore opportunities for investment with three rental units, all currently rented; immediate income potential. Two units offer 944sqft, two-bedroom, one-bath spaces w/ two-car carports. For the resident's convenience, separate laundry/storage are also provided. The third unit boasts 1800+sqft, two ensuites, an in-unit laundry, & office space, w/ custom features throughout! Additionally, this unit features a separate lower garage space. This property has quick access to Hwy 2/Hwy 204. Don't miss this rare opportunity to own a piece of paradise in the heart of the Snohomish Valley!
  1. Listed by Kimberly Esquivel • Lamb Real Estate

Property Details for 2004 Valley View Drive

Community Name
Lake Stevens
School District
Lake Stevens
View
City, Mountain(s), River, Territorial
Total Covered Parking
4
Entry Date
02-06-2026
Energy Source
Electric
Sewer
Septic Tank
LISTING UPDATED: 02/06/2026 11:49 AM

Property Details for 2004 Valley View Drive

StatusActive
MLS #2475839
Days on Market24
Cumulative Days on Market24
Taxes$8,949 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1976
Lot Size1.61 AC / 70,132 SF
CountySnohomish County

Location

Listing Courtesy of Lamb Real Estate
Add your commute

Building Information for 2004 Valley View Drive

Stories1Residences3Year Built1976Building Size-Lot Size1.61 AC / 70,132 SF

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OriginPoint Mortgage or Rocket Mortgage1

$6,589 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,844

Property Taxes

$746

HOA Dues

$0

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Property Information for 2004 Valley View Drive

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Deck, High Speed Internet, RV Parking, Shop
  • Area: 760 - Northeast Snohomish?
  • Elementary School: Skyline Elem
  • Middle Or Junior School: Lake Stevens Middle
  • High School: Lake Stevens Snr Hig
  • Directions: From 20th St. Head South on Cavalero Rd. Right on 26th St. Continue on 71st Ave. Left Valley View Dr. Triplex is at the end of the street.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking: No
  • Parking Features: RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 8
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Stone, Vinyl, Carpet
  • Amenities: Basement,Storage,Thermal Windows
  • Cooling: Yes
  • Cooling: Forced Air, Heat Pump
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Forced Air, Heat Pump
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked, Wood
  • Roof: Torch Down
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1080
  • Power Company: Snohomish County PUD
  • Water Company: Everett Public Works
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Details: Corner Lot, Dead End Street, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 00604200000101
  • Calculated Square Footage: 3776
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3776.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Total Uncovered Parking: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 11373
  • Gross Adjusted Income: 80280
  • Gross Rent Multiplier: 14.94
  • Gross Scheduled Income: $80,280
  • Insurance Expense: $1,344
  • Net Operating Income: $68,907
  • Other Expenses: $0
  • Total Monthly Income: 6690
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1888
  • Rent Unit 1: $2,995.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 3
Unit 2
  • Name Unit 2: 3
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 944
  • Rent Unit 2: $1,995.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 4
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 944
  • Rent Unit 3: $1,700.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3776.0

Property History for 2004 Valley View Drive

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Listed (Active)

NWMLS #2475839

$1,199,000—
Dec 1, 2015

Sold

NWMLS #810989

$750,000—
Sep 22, 2015

Pending

NWMLS #810989

—
Jun 29, 2015

Listed (Active)

NWMLS #810989

$859,000—
DateEvent & SourcePrice
02/06/2026

Listed (Active)

NWMLS #2475839

$1,199,000
12/01/2015

Sold

NWMLS #810989

$750,000
09/22/2015

Pending

NWMLS #810989

—
06/29/2015

Listed (Active)

NWMLS #810989

$859,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2004 Valley View Drive

Taxable ValueLand$369,600Additions$500,400Total$870,000
Tax Record2025$8,371 ($698 / month)
Home Facts
Baths4Total Finished SqFt1,888 SqFtAbove Ground SqFt1,888 SqFtStories1Lot Size20,909 SqFtStyleTriplexYear Built1976ZoningSSCountySNOHOMISHAPN00604200000101

Schools near 2004 Valley View Drive

This home is within Lake Stevens School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 7
Public - 8 to 9
Public - 10 to 12
Rating
School
Distance
Skyline Elementary School
PublicPK to 5

Lake Stevens Middle School
Public6 to 7

Cavelero Mid High School
Public8 to 9

Lake Stevens Sr High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2004 Valley View Drive is a multi-family home for sale in Lake Stevens, WA 98258. This property was listed for sale on February 6, 2026 by Lamb Real Estate, it's currently listed at $1,199,000. It has been on the market for a total of 24 days and was last sold on December 1, 2015. This listing's school district is Lake Stevens School District. Nearby schools include Skyline Elementary School, Lake Stevens Middle School and Cavelero Mid High School. 2004 Valley View Drive is a 6-bed, 4.5-bath, 3,776 sqft multi-family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lamb Real Estate

Based on information submitted to the MLS GRID as of 02/06/2026 11:49 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.