INVESTOR ALERT: $950K Duplex | Fully Leased | Newer Build | Next-Door Sold at $970K!
We’re excited to offer this rare opportunity to acquire a well-maintained, fully leased duplex built in 2004, located in the fast-growing South Everett submarket. Priced at just $950,000, this asset offers immediate income, low maintenance, and strong tenant appeal.
Two well-designed residences, each with its own entry, garage, and yard, for true single-family living. Each unit is laid out to feel like a private home, not an apartment, with 3BD/2.5BA and 1,510 SF open-concept layout, in-unit laundry, gas fireplace, and full kitchen. Tenants enjoy private fenced yards, patios, and dedicated 4-car parking for each unit (attached garage + driveway per unit). Set at the end of a quiet private drive, this duplex delivers both seclusion and convenience, with enhanced privacy and rentability. Both units are separately metered, and tenants pay their own utilities.
Ideal for house hackers looking to live in one unit and rent the other, while building equity and offsetting mortgage costs. Also perfect for pure investors seeking strong in-place income and minimal maintenance.
Recent Comp: The adjacent matching duplex at 7 107th St SW just closed at $970,000. At $950K, this is a clear value opportunity for savvy investors.
Investment Highlights:
- Priced at $950,000 – below next-door comp!
- Ideal for house hackers – live in 1 unit, rent the other
- Owner-occupant financing options possible (FHA/VA)
- Built in 2004 – low deferred maintenance
- Two 3BD / 2.5BA units (1,510 SF each) with efficient and open concept 2-story floorplan
- Attached garages + driveways (4 parking spots per unit)
- Private fenced yards & patios
- Separately metered – tenants pay all utilities
- Fully leased – stable, market-rate tenants
- No rental cap – value-add potential
- Tucked away on long private drive – added privacy & parking
- Strong rental market – near Boeing, Amazon, Paine Field, I-5
This is a prime 1031 exchange target or a perfect low-effort buy-and-hold with upside. Showings after mutual acceptance only to respect tenant privacy. OM & financials available upon request.