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16425 Broadway Avenue, Snohomish, WA, 98296

4beds
2baths
2,230sqft
$740,000
$332price/sqft
$4,452/moest. monthly cost
$178,080/yrincome needed

About This Home

Welcome to this exceptional commercial property zoned R-5 RB for both business and residential use, situated 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. In addition, 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.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

7/10
8/10
8/10
Glacier Peak High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1922

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1922

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air,Wall Furnace,Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,230
  • Total interior livable area: 2,230 sqft

Property

Details

  • Parcel number: 00403800900100
  • Zoning description: Multi-Family,Residential,Jurisdiction: County
  • Special condition: Standard

Lot

  • Lot size: 10,454 sqft
  • Features: Corner Lot,Paved,Value In Land,Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking

Parking

  • Total spaces: 6
  • Parking features: RV Parking
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Landslide
Winter Weather

FEMA Declared Disasters in Snohomish County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,741$44,892
Home Insurance *$115$1,380
Property Taxes $444$5,328
Electricity $152$1,830
Total$4,452$53,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,640/yr
40% on housing$133,560/yr
45% on housing$118,720/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$332This listing

vs Other Active Listings

Avg $/sqft

ZIP 98296$394
Snohomish County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 98296$439
Snohomish County$396

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Listed for sale$775,000
2020-12-04Sold$615,000
2020-10-16Pending sale$615,000
2020-08-31Price change$615,000
2020-08-22Price change$635,000
2020-07-27Price change$655,000
2020-07-16Listed for sale$685,000
2020-04-26Listing removed$1,750
2020-04-16Listed for rent$1,750
2005-09-30Sold$225,000

For Sale by Agent

AgentTorrey Morales
BrokerageReal Property Associates

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