2320 Ravenna Street, Everett, WA 98203
- $699,000
- 1,664
- SqFt
Listing courtesy of Redfin.
- List Price
- $699,000
- Status
- ACTIVE
- MLS#
- 2529709
- Price Change
- ▼ $25,950 1784072508
- Days on Market
- 62
- Style
- 52 - Duplex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 1,664
- Area Total SqFt
- 1664
- Annual Tax Ammount
- 5575
- Lot Size (sq ft)
- 7,405
- Sewer
- Sewer Connected
Property Description
Incredible Investment Opportunity in Lowell! Private & versatile duplex with massive garages tucked away in a private, serene setting within Everett’s desirable Lowell neighborhood, this accommodating duplex offers an exceptional opportunity for savvy investors! Rent both or live in one and rent the other. Each spacious 2-bed, 1-bath unit features a comfortable layout, a welcoming living room, and a primary bedroom with a large closet and the ultimate highlight- an enormous, finished 806 sq ft 2-car tandem garage with abundant storage! Comfort is guaranteed year-round with separate gas forced-air furnaces (Unit A updated in 2022) complemented by efficient ductless mini-split systems (3 heads per unit: one in each bedroom and the living room). The property boasts low-maintenance Hardiplank siding, durable composite decking with aluminum railings, retractable awnings, and a fully fenced side yard with dedicated garden beds on the north side. Inside, Unit B shines with updated modern vinyl flooring, granite countertops, built-in cabinetry, stainless steel appliances and new two panel solid wood doors. Unit A features solid wood doors, and a beautifully remodeled full bath featuring a single vanity and dedicated laundry. Separate gas and electrical meters, individual strapped hot water tanks, and a highly accessible location make this Lowell duplex a rare find!
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Additional Information
- List Date
- 2026-05-27 20:28:14
- Community
- Lowell
- Net Operating Income
- $41,101
- Gross Adjusted Income
- $52,800
- Gross Scheduled Income
- $52,800
- Total Monthly Income
- $1,900
- Insurance Expenses
- $1,526
- Water/Sewer/Garbage Expenses
- $2,618
- Gross Rent Multiplier
- 13.73
- Total Expenses
- $11,669
- Cap Rate
- 6
- Total Number of Units
- 2
- Unit Name
- 2320
- Potential Terms
- Cash, Conventional
- Year Built
- 1956
- Roof
- Torch Down
- Site Features
- Fenced-Fully, Gas Available
- Electric Expenses
- 1280
- Energy Source
- Electric, Natural Gas
- School District
- Everett
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $1,900
- Gross Scheduled Income
- $52,800
- Gross Adjusted Income
- $52,800
- Tax Year
- 2025
- Insurance Expense
- $1,526
- W/S/G Expenses
- $2,618
- Total Expenses
- $11,669
- Net Operating Income
- $41,101
- Gross Rent Multiplier
- 13.73
- Cap Rate
- 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.