2406 & 2410 Callow Road, Lake Stevens, WA 98258

Property Description

Rare multi-unit investment opportunity in the heart of Lake Stevens! This offering includes two side-by-side duplexes situated on a combined 0.72-acre lot, delivering scale, flexibility, and strong long-term upside. The unit mix features two 2-bedroom, 1.5-bath units at 2406 Callow Rd and two larger 3-bedroom, 1.5-bath units at 2410 Callow Rd—ideal for attracting a diverse tenant base. All four units include a stove, refrigerator, dishwasher, and in-unit washer/dryer hookups, providing the conveniences renters are looking for. Unit 2406 #B is available for showings and offers a representative look at the overall condition and layout. Both duplexes feature brand new roofs installed in April 2026, minimizing near-term capital expenses. Current rents are well below market, presenting a clear value-add opportunity to increase income and maximize returns. Properties may be purchased individually or together, with a discount available for buyers acquiring both—an excellent chance to secure adjacent income-producing assets in a strong rental market. Huge backyard behind all the units can be made more useable as the tenant has done at 2406 Unit A (most southerly unit). Individual MLS#'s are 2511513 for 2406 Callow Rd and 2511577 for 2410 Callow Rd.

Listing Status:

Pending

Data Last Updated:

May 21, 2026 at 12:22AM

Listing Office:

Keller Williams Western Realty : 360-738-7070

Listing Agent:

Dan Pittsenbarger : 360-738-7070

MLS ID:

2511679

Interior

• Flooring: VinylVinyl PlankCarpet
• A/C: None
• Heating: Wall Furnace
• Fireplace: Fireplaces: 0
• Eco/Green Feature: Thermal Windows

Exterior

• General: Cement PlankedWoodWood Products
• Parking: Parking spaces: 8

Construction

• Roofing: Composition
• General: Standard Frame52 - DuplexPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Lake Stevens
• County: Snohomish

Lot

• Zoning: 38550040050007
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls