13 107th St SW - Multi-Family FOR SALE


Everett, WA 98204
$970,000 USD
206-790-3312
13 107th St SW, Everett, WA for Sale
$970,000 USD
Multi-Family - FOR SALE
1/25
null | 5.12% Cap Rate

13 107th St SW
Everett, WA 98204


OVERVIEW

Well-Maintained Duplex Built in 2004 – Fully Leased with Private Yards & Parking 13 107th St SW, Everett, WA 98204 Lot Size: 13,939 SF | Built: 2004 | GBA: 3,801 SF | ?? 2024 Taxes: $7,070 We are pleased to offer this turnkey duplex investment located in the heart of South Everett. Built in 2004, this well-maintained property features two townhome-style units, each with 3 bedrooms, 2.5 bathrooms, and approximately 1,510 square feet of modern, functional living space. The building sits at the end of a long, quiet private drive—offering both seclusion and convenience. The property layout maximizes both privacy and usability, with each unit enjoying private, fenced backyards with patios, attached garages (390 sqft), and long driveways that accommodate up to 4 vehicles per unit. Inside, residents enjoy open floorplans, cozy fireplaces, full kitchens, and in-unit laundry. This is an excellent opportunity for investors seeking a fully leased, low-maintenance asset with strong in-place income and long-term upside in a growing rental market. Property Highlights: - Two 3BD / 2.5BA townhome-style units - Approx. 1,510 SF per unit with open-concept layouts - Full kitchens, dedicated laundry, and fireplaces in each unit - Attached garages + driveways — parking for up to 4 cars per unit - Private, fenced backyards with patios – tenant-friendly outdoor space - Located on a quiet, extended private drive with added parking and privacy - Separately metered – tenants pay all utilities - No rental cap – flexible rental growth opportunity - Fully leased with stable, market-rate tenants - Built in 2004 – modern systems, low deferred maintenance Offering Memorandum and detailed financials available upon request. This property is ideal for 1031 exchange buyers, long-term investors, or those seeking a stable, low-effort asset in a high-demand submarket. Location Highlights: Just minutes from Boeing, Paine Field, Amazon, I-5, SR-526, and major retail corridors. Surrounded by residential housing and employment hubs, the property offers a reliable tenant base and low turnover. Showings will be scheduled after mutual agreement. No keybox will be placed out of respect for tenant privacy. Bonus Opportunity: The adjacent duplex at 7 107th St SW is also available. Purchase individually or together for a rare, newer-construction 4-unit portfolio with matching layouts, strong performance, and long-term value. **Photos of Unit A was taken on 3/4/22; Unit B was taken on 11/30/20

FOR SALE DETAILS

PRICE

$970,000 USD

PRICE/SF

$255 USD /SF

# OF UNITS

2

PRICE/UNIT

$485,000

CAP RATE

5.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Paine Field Duplex at 13 107th St SW

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

004804-017-062-01

ASK ABOUT THIS PROPERTY

Irene MendozaKW CommercialMore Info
206-790-3312

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Irene MendozaKW CommercialMore Info
206-790-3312

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.