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)