5113 S 4th Avenue, Everett, WA 98203 (MLS # 2544459)
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Listing provided courtesy of Northwest MLS; eXp Realty
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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.
| LAST UPDATED | 6/24/2026 | TRACT | Lowell |
|---|---|---|---|
| YEAR BUILT | 1979 | COMMUNITY | Lowell |
| COUNTY | Snohomish | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Lowell Elem |
|---|---|
| Jr. High School | Evergreen Mid |
| High School | Everett High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 740 - Everett/Mukilteo |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Paved, Secluded |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 52 - Duplex |
| SUBDIVISION | Lowell |
| TAXES | 5037 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), River, Territorial |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/25/26 6:28 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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