1230 103rd Place SW, Everett, WA 98204

$740,000
1,800
SqFt

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Listing courtesy of John L. Scott Mill Creek. Selling Office: Windermere Real Estate Co..

Sold Price
$740,000
List Price
$730,000
Status
SOLD
MLS#
2343040
Closing Date
Apr 21, 2025
Days on Market
6
Style
52 - Duplex
Finished SqFt
1,800
Area Total SqFt
1800
Annual Tax Ammount
4787
Lot Size (sq ft)
10,019
Sewer
Sewer Connected

Property Description

Excellent investment opportunity in Everett! This well-maintained duplex features two spacious 2-bedroom, 1.5-bath units, each with a private fenced backyard, deck, and attached 1-car garage. Both units are currently leased through September 2025, providing a strong rental history and stable income. Located in a quiet cul-de-sac, this property is just minutes from Boeing, shopping, dining, transit, and I-5, making it a highly desirable rental. With future rent growth potential and low-maintenance upkeep, this is a fantastic addition to any investor’s portfolio. Please do not disturb tenants—showings available upon mutual acceptance.

Additional Information

List Date
2025-04-15 00:00:00
Community
Intercity
Net Operating Income
$36,086
Gross Adjusted Income
$44,400
Gross Scheduled Income
$44,400
Total Monthly Income
$3,701
Insurance Expenses
$1,172
Water/Sewer/Garbage Expenses
$1,514
Gross Rent Multiplier
18
Total Expenses
$8,315
Cap Rate
4.5
Total Number of Units
2
Unit Name
1230
Potential Terms
Cash Out, Conventional
Year Built
1989
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Patio
Other Expenses
842
Energy Source
Electric
School District
Mukilteo
Elementary School
Challenger Elem
Middle School
Explorer Mid
High School
Mariner High
Total Monthly Income
$3,701
Gross Scheduled Income
$44,400
Gross Adjusted Income
$44,400
Tax Year
2023
Insurance Expense
$1,172
W/S/G Expenses
$1,514
Total Expenses
$8,315
Net Operating Income
$36,086
Gross Rent Multiplier
18
Cap Rate
4.5
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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