5113 S 4th Avenue Everett, WA 98203
5113 S 4th Avenue
Everett, WA 98203
$725,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Lowell
Duplex
View:
View: River
View: Territorial
Deck
Exterior: Wood
Roof: Composition
Year Built: 1979
2025 Taxes: $5037.00
Buyer Broker Comp.: 2.5%
Listing #: 2544459
Lot Details
Lot Size: 0.15 acres
Paved
Secluded
No. of Units: 3
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Storage
Thermal Windows
Schools
District: Everett
Elem: Lowell Elem
Middle: Evergreen Mid
High: Everett High
Call or Email:
Grace Wamwere
What's Near 5113 S 4th Avenue Everett, WA 98203?

Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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