5113 S 4th Avenue, Everett, WA 98203
Local realty services provided by:CENTURY 21 Lund, Realtors
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: 90-day tenant notice required for owner occupancy. Extended closing available....
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Home facts
- Year built:1979
- Listing ID #:2544459
- Updated:July 03, 2026 at 12:35 PM
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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