31727 76th Avenue NW

Stanwood, WA 98292

2 HOMES + SHOP + 5 ACRES – TURNKEY INCOME Investor alert or ideal live-work setup in the Lake Ketchum area. This 5-acre rural estate includes two ramblers (duplex without a common wall) plus a 40x60 shop with office, creating multiple income streams with room to grow.Current income - Unit A: 2 bed / 2 bath rambler, separate utility room, currently rented for $2,500/month.Unit B: 2+ bed / 1.75 bath rambler featuring an enclosed backporch and outdoor kitchen, currently rented for $2,700/month. Office in the shop currently rented for $1800/mo. 40x60 shop with tall door, spacious office w/kitchenette and 3/4 bath - (ideal for a home-based business, tradesperson, storage, or work space).Total current income is approximately 7K/month, with future upside when the shop is fully vacated and repositioned at market rent, or by separately leasing pasture space for livestock, or storage. This is a GREAT opportunity to step into an income-producing asset with strong functionality: live in one unit and rent the others, keep it fully tenant-occupied, or create a true live-work hub with additional rental revenue.Level acreage with approx. 2 acres fenced, garden area ready to be finished, trees for privacy, pond, RV and extra parking, with easy access to I-5 and downtown Stanwood for services and commuting. Strong, flexible property profile for investors, owner-users, or multi-generational buyers who want the numbers to pencil. Do not disturb tenants, please.

Courtesy of NWMLS
Listing courtesy of Tricia Jacobs of RE/MAX Gateway



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Last checked: 2026-02-10 02:58 PM PST