5113 S 4th Avenue, Everett, WA 98203

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Listing Broker: eXp Realty; Jason Windom; 425-923-4656; jason@windomgrp.com

List Price
$699,000
Status
ACTIVE
MLS#
2544459
Price Change
▼ $26,000 1791072879
Days on Market
101
Style
52 - Duplex
Finished SqFt
2,312
Area Total SqFt
2312
Annual Tax Ammount
5037
Lot Size (sq ft)
6,534
Sewer
Sewer Connected

Property Description

Now priced at $699,000! Turnkey side-by-side duplex in Everett's Lowell neighborhood with mountain, river, and territorial views in a private, peaceful setting. Each unit offers 2 bedrooms, 1.5 bathrooms, and 1,156 sq ft with updated kitchens, private washer and dryer, thermal windows, and two private decks. Outdoor storage plus a large lower-level storage area provide room for hobbies, a workshop, or future finish. Rear parking fits 3 to 4 vehicles with potential RV or boat storage. Both units are leased, and an owner can live in one while the other helps offset the mortgage, subject to tenants' rights. Everett is on the move: the Riverfront district along the Snohomish River is just minutes away, the Port of Everett's Millwright District is bringing new homes, dining, and shops to the waterfront, Eclipse Mill Riverfront Park is underway, and Sound Transit's planned light rail extension will link Everett to the regional system. Quick I-5 access makes commuting easy. Get in ahead of the growth in one of Snohomish County's most dynamic cities.

Additional Information

List Date
2026-06-24 19:13:13
Community
Lowell
Net Operating Income
$42,443
Gross Adjusted Income
$50,400
Gross Scheduled Income
$50,400
Total Monthly Income
$4,050
Insurance Expenses
$1,128
Water/Sewer/Garbage Expenses
$1,792
Gross Rent Multiplier
13.87
Total Expenses
$7,957
Cap Rate
6.07
Total Number of Units
3
Unit Name
5113
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1979
View
Mountains, River, Territorial
Roof
Composition
Site Features
Deck
Energy Source
Electric
School District
Everett
Elementary School
Lowell Elem
Middle School
Evergreen Mid
High School
Everett High
Total Monthly Income
$4,050
Gross Scheduled Income
$50,400
Gross Adjusted Income
$50,400
Tax Year
2025
Insurance Expense
$1,128
W/S/G Expenses
$1,792
Total Expenses
$7,957
Net Operating Income
$42,443
Gross Rent Multiplier
13.87
Cap Rate
6.07
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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