5113 S 4th AVE, Everett, WA 98203
See all 33 photos
5113 S 4th AVE, Everett, WA 98203
5113 S 4th AVE, Everett, WA 98203
5113 S 4th AVE, Everett, WA 98203
5113 S 4th AVE, Everett, WA 98203
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Reilly Forrest

Reilly Forrest

+1(425) 315-6898
Listed by:eXp Realty • Jason Windom
$ 725,000
Est. payment /mo
Save
New

5113 S 4th AVE Everett, WA 98203

4 Beds

4 Baths

2,312 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,312 sqft

Price per Sqft $313

Subdivision Lowell

MLS Listing ID 2544459

Style 52 - Duplex

Bedrooms 4

Year Built 1979

Annual Tax Amount $5,037

Lot Size 6,534 Sqft

Property Sub-Type Multi Family

Property Description

Turnkey duplex with side-by-side units in Everett's Lowell neighborhood offering mountain, river, and territorial views in a private, peaceful setting. Each unit features 2 bedrooms, 1.5 baths, and 1,156 sq ft of thoughtfully designed living space with updated kitchens, private washer and dryer, thermal windows, and two private decks, each with outdoor storage, plus a separate larger storage area below that could be finished or used for hobbies or a workspace. Both long-term tenants are on month-to-month leases at $1,950 per side, generating $3,900 per month in gross income with a 5.36% cap rate and $38,843 NOI at the listed price. Investors will appreciate the stable income, low vacancy history, and below-market rent upside. Owner occupants can live on one side and let the other offset their mortgage. Additional parking in the rear accommodates 3 to 4 vehicles with potential RV or boat storage. Tenants would like to stay, making this an easy transition for the right buyer. Note: 90-day tenant notice required for owner occupancy. Extended closing available.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Deck

View Y/N Yes

View Mountains, River, Territorial

Roof Type Composition

Building

Lot Description Paved, Secluded

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Lowell Elem

Middle Schools Evergreen Mid

High Schools Everett High

School District Everett

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Reilly Forrest

Reilly Forrest

Agent | License ID: 127143

+1(425) 315-6898

GET MORE INFORMATION

Name
Phone*
Message
By checking this box, and clicking “SUBMIT,” I am confirming that I have read and agree to this website’s Privacy Policy and Terms of Service and I am providing my electronic signature and consent to receive marketing communications (about real estate brokerage services, and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone call and/or text messaging (using “automated technology” such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate agents, and/or its affiliates at the telephone number and email address I provided. Message frequency varies and message and data rates may apply. Consent is not a condition of purchase. You may opt-out at any time by replying “STOP” to a text or “HELP” for assistance or unsubscribing via email. You may call to obtain direct assistance.

Go tour this home

5113 S 4th AVE