5113 S 4th Avenue

$725,000

5113 S 4th Avenue

2,312 Sq.Ft. 6,534 Sq.Ft.

Description

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. Unit B will be available August 1st, making this an easy transition for an owner occupied buyer.

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Location

5113 S 4th Avenue, Everett, WA 98203

Status

For Sale

Property Amenities

Interior

Flooring Laminate, Vinyl, Carpet

Area & Lot

Total area 2,312 Sq.Ft.

Lot Area 6,534 Sq.Ft.

Living area 2,312 Sq.Ft.

MLS® ID 2544459

Year Built 1979

School District Everett

High School Everett High

Middle School Evergreen Mid

Elementary School Lowell Elem

View Description Mountains,River,Territorial

Type Multi-Family

Status For Sale

Exterior

Stories 2

Air conditioning None

Heat type Baseboard

Sewer Sewer Connected

Other Exterior Features Wood

Lot Features Paved, Secluded

Roof Composition

Finance

Sales Price $725,000

Real Estate Tax $5,037 yearly

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Portfolio

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Open House: 7/26/2026, 1:30 PM - 3:30 PM

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View All

Work With Dana

Unparalleled Service from a Real Estate Broker who has lived in the area for over 40 years! He is dedicated to providing exceptional service to his clients. His team offers a wealth of knowledge on local communities, current market conditions, and the process of selling or buying a home. He looks forward to providing you with a real estate experience that exceeds your expectations.

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$725,000

5113 S 4th Avenue

Description

Share Property

Location

Status

Property Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Portfolio

$9,950,000

$7,399,900

$7,000,000

$6,980,000

$4,750,000

$3,998,000

$3,700,000

$3,600,000

$3,600,000

Work With Dana

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$725,000

5113 S 4th Avenue

Description

Share Property

Location

Status

Property Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Portfolio

$9,950,000

$7,399,900

$7,000,000

$6,980,000

$4,750,000

$3,998,000

$3,700,000

$3,600,000

$3,600,000

Work With Dana

GET IN TOUCH

Contact Details