Snohomish, WA 98296 16425 Broadway Avenue
$788,500
24 more
Presented By: Real Property Associates and NWMLS
- MLS# 2404755
- 07/09/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 2,230
Home Details
Welcome to this exceptional commercial property zoned R-5 RB for both business and residential use sitting on an expansive 10,454 sq/ft corner lot. This well-established duplex w/ great cash flow opportunities. Situated conveniently close to major highways including 9, 522, and 405, its prime location ensures ease of access and high demand for rental units. The commercial zoning opens up exciting possibilities for increasing the property’s value. Furthermore, its proximity to abandoned RR tracks earmarked for future trail development adds another layer of potential appreciation. Both units of this property offer spacious layouts featuring 2 bedrooms and 1 bathroom each, complemented by generously sized living rooms complete w/ fireplaces.
Presented By: Real Property Associates and NWMLS
Interior Features for 16425 Broadway Avenue
Bedrooms
Bedrooms Possible4
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeNatural Gas
Total Fireplaces
Total Stories2
General for 16425 Broadway Avenue
AFH224
Building Area UnitsSquare Feet
Cap Rate5.32
Carport Spaces
Carport Y/NNo
CitySnohomish
CoolingForced Air, Wall Unit(s)
CountySnohomish
DirectionsHighway 9 to 164st St Se, go E to the stop sign at Broadway, turn R, property is on the immediate left corner across from the store, Highway 522 to Paradise Rd exit, turn W then R becomes Broadway
Electric Expense
Elementary SchoolCathcart Elem
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air
High SchoolGlacier Peak
High School DistrictSnohomish
Insurance Expense1269.5
Leasable Area2230
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet10454
Lot Size UnitsSquare Feet
MLS Area610 – Southeast Snohomish
Middle/Junior High SchoolValley View Mid
ModificationTimestamp2025-07-09T15:14:10.558Z
NWM_ShowMapLinkY
Net Operating Income42542
New ConstructionNo
Number Of Units Total2
Open Parking Spaces6
PossessionClosing
Possible UseMulti-Family, Residential
Property ConditionGood
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWelcome to this exceptional commercial property zoned R-5 RB for both business and residential use sitting on an expansive 10, 454 sq/ft corner lot. This well-established duplex w/ great cash flow opp
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameMaltby
Tax Annual Amount6588
Tax Year2024
Units Below Gradetrue
Units In Building Total2
Water CompanyCross Valey
Water Sewer Garbage0
Year Built1922
Zoning DescriptionMulti-Family, Residential
Exterior for 16425 Broadway Avenue
Building Area Total2230
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Paved, Value In Land
Lot Size Acres0.24
Parking FeaturesRV Parking
Parking Uncovered Spaces6
Site FeaturesCable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Cathcart Elem
Middle School
Valley View Mid
High School
Glacier Peak High School
Josh QA1
REALTOR ® SRES ®