Multifamily Property for Sale in Arlington, WA

  • Price: $7M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Arlington, WA 98223
  • Size: 21,614 SF

Description

Welcome to Arlington and 162.2 Acres of Beautiful Farmland, minutes from I-5. Potential Agri Village of adding 16 homes could be built on the property. Land is level, fertile and being leased by a well-known Washington State Grower. Amazing Mountain views and Property sits right along the Stillaguamish River where you can fish (Humpy & Silvers) or just relax on a sunny day. 100 Year Walnut Trees line the driveway. Apple and Cherry Trees. Two (2) wells, Underground Irrigation has been added (call for more information), Drainage Ditch (non-bearing stream), Several Houses on Property Plus: Storefront/Workshops, Farmers Market, Barnes, Old Milk Parlor, Too Much to List....A-10 ZONING ALLOWS: Winery, Distillery, Retail Nursery, Garden center, Farm supply store, farmers market, Crops, Agricultural or wildlife center. Commercial kennels, Vet clinic, Dog training and Single-detached home, Daycare and Stables and much more. Minutes from Hwy 9 and Downtown Arlington. Welcome Home to Arlington! Building SF: 21614 | Land Size: 162.2 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Arlington, WA is listed for sale at $7,000,000 across 21,614 SF. It has been on the market for 23 days. Compare it against other multifamily listings for sale in Arlington, WA — <a href="/search/sale/multifamily/washington/arlington">view the full market</a>.

As of Q1 2026, the Dallas / Fort Worth multifamily market showed average asking rents near $2832.00/unit/mo, rents up 0.8% year over year, and cap rates around 5.7%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

What is the typical cap rate for multifamily in Dallas / Fort Worth?
About 5.7% as of Q1 2026, per Consensus.

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