12209 11th Place W, Everett, WA 98204

$710,000
2,200
SqFt

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Listing courtesy of Windermere R.E. Northeast, Inc. Selling Office: Windermere Real Estate/East.

Sold Price
$710,000
List Price
$750,000
Status
SOLD
MLS#
2417271
Closing Date
Oct 10, 2025
Days on Market
61
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,200
Area Total SqFt
2200
Annual Tax Ammount
6190.05
Internet Provider
Xfinity
Lot Size (sq ft)
11,326
Sewer
Sewer Connected

Property Description

Opportunity knocks – clean classic Everett duplex w/ long term tenants & current income of $3,375/month & $40.5k/year w/ 0% vacancy! Built in 1979, this well-maintained duplex totals 2,200 SF on a spacious 11,326 SF corner lot that backs to a quiet cul-de-sac. 944 SF & 1256 SF units have 2 & 3 BDs (respectively) & 1.5 BAs, kitchen w/ eating space & light-filled living room. Lightly treed, fenced & sunny backyard w/ deck. 2nd deck space at the front. Updated unit includes newer appliances, paint & flooring & 1-car garage w/ extra storage & driveway parking. Located on a quiet street, just mins to Paine Field, Boeing, I-5, Hwy 99 & Everett Mall. Great Mukilteo School District. Don’t miss this terrific investment opportunity!

Additional Information

List Date
2025-08-10 00:00:00
Community
Everett
Net Operating Income
$27,672
Gross Adjusted Income
$40,500
Gross Scheduled Income
$40,500
Total Monthly Income
$3,375
Insurance Expenses
$1,307
Water/Sewer/Garbage Expenses
$5,331
Gross Rent Multiplier
18.51
Total Expenses
$12,828
Cap Rate
3.6
Total Number of Units
2
Unit Name
12209
Potential Terms
Cash Out, Conventional
Year Built
1979
Roof
Composition
Site Features
Deck, Fenced-Fully, High Speed Internet, RV Parking
Energy Source
Electric
School District
Mukilteo
Elementary School
Odyssey Elem
Middle School
Voyager Mid
High School
Mariner High
Total Monthly Income
$3,375
Gross Scheduled Income
$40,500
Gross Adjusted Income
$40,500
Tax Year
2025
Insurance Expense
$1,307
W/S/G Expenses
$5,331
Total Expenses
$12,828
Net Operating Income
$27,672
Gross Rent Multiplier
18.51
Cap Rate
3.6
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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