5113 S 4th Avenue, Everett, WA 98203

Everett
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: jason windom
Office: exp realty
MLS#:2544459
Source:NWMLS
5113 S 4th Avenue,Everett, WA 98203
$725,000
  • - Beds
  • - Baths
  • 2,312 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$725,000
  • Price per sq. ft.:$313.58

About this home

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, 2 bathrooms, and 1,156 sq ft of thoughtfully designed living space with updated kitchens, private washer and dryer, thermal windows, two private decks, 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, generating $4,050 per month in gross rental income and a 5.61% cap rate based on current rents and operating expenses. The property offers low vacancy history and potential for additional rent upside. Owner occupants can live in one unit while offsetting their mortgage with rental income. Additional parking in the rear accommodates 3 to 4 vehicles with potential RV or boat storage. Unit B will be available August 1st, making this an attractive opportunity for an owner-occupied buyer.

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Home facts

  • Year built:1979
  • Subdivision & Development:Lowell
  • Listing ID #:2544459
  • Updated:September 29, 2026 at 11:45 AM

Rooms and interior

  • Flooring:Carpet, Laminate, Vinyl Floor
  • Living area:2,312 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1979
  • Building area:2,312 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Paved, Secluded
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Deck

Schools

  • High school:Everett High
  • Middle school:Evergreen Mid
  • Elementary school:Lowell Elem

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$725,000
  • Price per sq. ft.:$313.58
  • Tax amount:$5,037 (2025)

Parking

  • Total parking spaces:4
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