Sold
Last Sold Price
22 beds16 baths
6511 Armar Rd, Marysville, WA 98270
Multi FamilyProperty Type
0.68 acresLot Size
1968Year Built
19 carsParking Spaces

Description

We are pleased to present The Armar in Marysville, WA. This 1968 vintage asset features 11 large, partially renovated townhome units averaging 1134 SF. There are 10, 2-bedroom 1.5-bathroom units and 1, 2-bedroom 1-bathroom unit. Unit interiors feature value add potential with laminated vinyl plank flooring, new lighting fixtures, and refaced cabinets. There is potential to increase the in-place NOI by capturing a 13% delta between current and market rents. The Armar provides an excellent opportunity...We are pleased to present The Armar in Marysville, WA. This 1968 vintage asset features 11 large, partially renovated townhome units averaging 1134 SF. There are 10, 2-bedroom 1.5-bathroom units and 1, 2-bedroom 1-bathroom unit. Unit interiors feature value add potential with laminated vinyl plank flooring, new lighting fixtures, and refaced cabinets. There is potential to increase the in-place NOI by capturing a 13% delta between current and market rents. The Armar provides an excellent opportunity for an investor to acquire a stabilized asset with large units in a landlord friendly submarket.
  • Listed by: Brendan Greenheck 952.356.0100 bgreenheck@northmarq.com • Northmarq Multifamily, LLC
Listing closed: 06/03/2025 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2316705

Recent comparable sales

Median sold price

$737,000

Avg days on market

23

Sale-to-list ratio

99.8%

Marysville, WA

9 comparable properties found

1

$2,635,900

Sold 08/04/25

Unavailable
Bedrooms
16
Bathrooms
10,325
Square Feet
1.06
Acres
a view of a yard in front of a house with plants and large tree
1/20
2

$679,000

Sold 04/23/26

4
Bedrooms
2
Bathrooms
2,200
Square Feet
0.18
Acres
$683,500 | 6322 49th Drive Northeast, Marysville, WA 98270
1/20
3

$683,500

Sold 07/30/26

4
Bedrooms
4
Bathrooms
2,200
Square Feet
0.19
Acres
a view of back yard of the house
1/41
4

$675,000

Sold 01/24/25

4
Bedrooms
3
Bathrooms
2,220
Square Feet
0.2
Acres
5

$1,403,000

Sold 08/08/25

Unavailable
Bedrooms
8
Bathrooms
5,720
Square Feet
0.55
Acres
$737,000 | 1908 2nd Street, Marysville, WA 98270
1/19
6

$737,000

Sold 03/12/25

5
Bedrooms
2
Bathrooms
2,340
Square Feet
0.21
Acres
7

$3,993,500

Sold 08/14/25

Unavailable
Bedrooms
1
Bathrooms
22,080
Square Feet
0.85
Acres
8

$725,000

Sold 08/12/26

Unavailable
Bedrooms
3
Bathrooms
1,904
Square Feet
0.27
Acres
a view of a house with a yard
1/38
9

$906,000

Sold 02/09/26

9
Bedrooms
5.25
Bathrooms
3,600
Square Feet
0.33
Acres

Location

Listing Courtesy of Northmarq Multifamily, LLC

Sold By Kelly Right RE of Seattle LLC

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Property Taxes

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Property Information for 6511 Armar Road

Property Details
  • Taxes: $22,188 / year
  • MLS Type: Residential Income
  • Community Name: Marysville
  • School District: Marysville
  • Number of Assigned Spaces: 19
  • Total Covered Parking: 0
  • Entry Date: 12-13-2024
  • Energy Source: Geothermal
  • Sewer: Available
Building Information
  • Stories: 2
  • Residences: 11
  • Year Built: 1968
  • Lot Size: 0.68 AC / 29,621 SF
Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Patio
  • Area: 770 - Northwest Snohomish
  • Elementary School: Liberty Elem
  • Middle Or Junior School: Marysville Mid
  • High School: Marysville Getchell High
  • Effective Year Built Source: Public Records
  • Directions: Take Exit 199; Turn Right onto WA-528 E/Fourth St; Turn Left onto 47th NE/Liberty St; Slight Right onto Arlington-Marysville Rd/Armar Rd; Destination will be on the Right
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 12.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
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: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 15360
  • Power Production Type: Geothermal
Property and Assessments
  • New Construction YN: No
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1968
  • Photos Count: 25
Lot Information
  • Lot Details: Paved
  • Lot Size Source: County
  • Parcel Number Free Text: 30052800402100
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 11
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 79675
  • Gross Adjusted Income: 236664
  • Gross Rent Multiplier: 12.44
  • Gross Scheduled Income: $249,120
  • Insurance Expense: $7,418
  • Net Operating Income: $188,009
  • Other Expenses: $34,709
  • Total Monthly Income: 267684
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 1150
  • Rent Unit 1: $2,000.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 1150
  • Rent Unit 2: $1,895.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 1150
  • Rent Unit 3: $1,795.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 1150
  • Rent Unit 4: $1,895.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 2
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 1150
  • Rent Unit 5: $1,795.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 1150
  • Rent Unit 6: $1,895.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 2
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 1150
  • Rent Unit 7: $1,895.00
  • Bedrooms Unit 7: 2
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 2
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Square Feet Unit 8: 1150
  • Rent Unit 8: $1,795.00
  • Bedrooms Unit 8: 2
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 2
Unit 9
  • Name Unit 9: 9
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: false
  • Square Feet Unit 9: 1150
  • Rent Unit 9: $1,900.00
  • Bedrooms Unit 9: 2
  • Fireplaces Unit 9: 0
  • Bathrooms Unit 9: 2
Unit 10
  • Name Unit 10: 10
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: false
  • Square Feet Unit 10: 1150
  • Rent Unit 10: $1,895.00
  • Bedrooms Unit 10: 2
  • Fireplaces Unit 10: 0
  • Bathrooms Unit 10: 2
Unit 11
  • Name Unit 11: 11
  • Washer/Dryer Unit 11: false
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: false
  • Square Feet Unit 11: 970
  • Rent Unit 11: $2,000.00
  • Bedrooms Unit 11: 2
  • Fireplaces Unit 11: 0
  • Bathrooms Unit 11: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 12470.0
  • Leasable Area Units: Square Feet

Property History for 6511 Armar Road

DateEvent & SourcePriceAppreciation
Jun 3, 2025

Sold

NWMLS #2316705

$2,636,500
Jun 2, 2025

Pending

NWMLS #2316705

May 21, 2025

Sold (Public Record)

Public Record #1558155191

$2,636,500

0.0% / yr

DateEvent & SourcePrice
06/03/2025

Sold

NWMLS #2316705

$2,636,500
06/02/2025

Pending

NWMLS #2316705

05/21/2025

Sold (Public Record)

Public Record #1558155191

$2,636,500

0.0% / yr

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

Public Records for 6511 Armar Road

Taxable ValueLand$559,800Additions$2,240,400Total$2,800,200
Tax Record2026$20,972 ($1,748 / month)
Home Facts
Baths1Total Finished SqFt11,088 SqFtAbove Ground SqFt11,088 SqFtStories2Lot Size29,621 SqFtStyleMulti-Family Res (5+ Units)Year Built1968Year Renovated1968ZoningR6.5 SFHCountySNOHOMISHAPN300528-004-021-00

Schools near 6511 Armar Road

This home is within Marysville School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - 9 to 12
Public - K to 5
Public - K to 5
Rating
School
Distance
Marysville Sd Special
PublicPK to 12

Marysville Online High School
Public9 to 12

Shoultes Elementary School
PublicK to 5

Marysville Coop Program
PublicK to 5

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 6511 Armar Road, Marysville, WA 98270
$2,636,500
22
16
29,621
$332,000
2
1
1,488
9,583
$349,000
1,378
13,068
4
2,450
10,890
4
2,736
11,326
$335,000
2,084
6,098

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Northmarq Multifamily, LLC

Based on information submitted to the MLS GRID as of 07/04/2025 04:01 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.