13 107th St SW - Multi-Family FOR SALE


Everett, WA 98204
$950,000 USD
206-790-3312
13 107th St SW, Everett, WA for Sale
$950,000 USD
Multi-Family - FOR SALE
1/27
null | 5.22% Cap Rate

13 107th St SW
Everett, WA 98204


HIGHLIGHTS

  • Two 3BR / 2.5BA units that feel like stand-alone homes, with separate yards, garage and driveways.
  • Approx. 1,510 SF per unit | 3,020 SF total
  • Built in 2004 – low maintenance & well kept
  • Tenants pay all utilities (separately metered)
  • 8 parking spots (2-car garage + driveway per unit)
  • Private dead-end road for added security & overflow parking

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

2

PRICE/UNIT

$475,000

CAP RATE

5.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Paine Field Duplex at 13 107th St SW

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R-7,200

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.