7 107th St SW - Apartments FOR SALE


Everett, WA 98204
$970,000 USD
206-790-3312
7 107th St SW, Everett, WA for Sale
$970,000 USD
Apartments - FOR SALE
1/15
null | 5.16% Cap Rate

7 107th St SW
Everett, WA 98204


HIGHLIGHTS

  • Townhome-Style Units with Private Yard - features an open layout, attached garage, in-unit laundry, and a fenced backyard with patio
  • Ample Parking + Private Road Each unit includes garage and driveway parking for up to 4 cars, plus access to a long private drive for additional space
  • Fully Leased - Both units are fully rented at market rates with tenants paying all utilities

OVERVIEW

Fully Leased Duplex with Strong Returns – Offered Individually or as Part of 4-Unit Portfolio 7 107th St SW, Everett, WA 98204 Lot Size: 6,970 SF | Built in 2004 | 2024 Taxes: $6,793 We are pleased to present an exceptional opportunity to acquire a well-maintained, income-generating duplex built in 2004, located in the thriving South Everett submarket. This turnkey property offers two spacious, townhome-style units—each with 3 bedrooms, 2.5 bathrooms, and approximately 1,510 square feet of thoughtfully designed living space plus 390 sqft garage. Situated at the end of an extra-long private road, the property provides a peaceful, tucked-away setting rarely found in multifamily investments. This unique location offers additional privacy, overflow parking, and potential space for future enhancements. Property Highlights: • Two 3BD / 2.5BA townhome-style units • Approx. 1,510 SF per unit – open layouts with excellent flow • Full kitchens with appliances, dedicated laundry in each unit • Cozy living rooms with fireplaces • Attached garages plus driveway parking—up to 4 cars per unit • Private, fenced backyards with patios—ideal for tenants and long-term retention • Located on a quiet, private drive for added usable space • Separately metered utilities—tenants pay all expenses • No rental cap – allowing for long-term growth and flexible rent strategies • Fully leased with stable, market-rate tenants • Low-maintenance exterior with minimal deferred maintenance Offering Memorandum and detailed financials available upon request. This is an excellent candidate for 1031 exchange buyers, long-term investors, or those seeking a low-effort asset in a high-demand area. - Location Highlights: Located just minutes from Boeing, Paine Field, Amazon facilities, SR-526, I-5, and multiple shopping centers, this asset benefits from strong tenant demand and easy commuter access. The neighborhood is primarily residential, offering a stable rental base and limited turnover. - Showings will be scheduled after mutual agreement out of respect for tenants. No keybox will be placed on the property. - Bonus Opportunity: The adjacent duplex at 13 107th St SW is also for sale. Purchase individually or as part of a rare 4-unit portfolio with the same unit mix, similar construction, and consistent rental performance. Photos are from Unit A taken on 4/6/23 (Uniot B has no available photos)

FOR SALE DETAILS

PRICE

$970,000 USD

PRICE/SF

$255 USD /SF

# OF UNITS

2

PRICE/UNIT

$485,000

CAP RATE

5.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Paine Field Duplex at 7 107th St SW

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

-

APN/PARCEL ID

004804-017-064-01

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.