5113 S 4th Avenue, Everett, WA 98203

Everett
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
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, 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:...

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Home facts

  • Year built:1979
  • Listing ID #:2544459
  • Updated:June 29, 2026 at 11:18 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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