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JRJeff ReynoldsCompass · Seattle

Listed by Sukumar Doddala, WeLakeside

3,038
Square feet
$346
Per sq ft
Multi Family
Type
1997
Year built
5,663 sq ft
Lot
31
Days on market

About this property

Rental Duplex | Each unit features 3 bedrooms, 2.5 baths, and an attached 2-car garage | Phenomenal 5.58% CAP Rate!!! | Individual private yard space. Fantastic opportunity to own a high-yield investment property in Everett's prime Silverlake area with opportunity for further upside. Stable rental income from long-term tenants in both units. Buyer may offset living expenses by residing in one unit and generating rental income from the other. Each unit features a bright, open-concept main level offering a kitchen with an inviting peninsula, a spacious living room, a convenient powder room with laundry, direct access to the side-by-side 2-car garage, and a sliding glass door to a private side yard. The upper level features a primary suite with an ensuite bath, two additional bedrooms, and a full bath. Each unit also includes an additional dedicated parking pad. New roof in 2023. Newer appliances. Low-maintenance and easy to manage. Located near public transit, shopping, dining, schools, P&R, and other everyday amenities. Discreet viewing only. Showings and inspection after mutual acceptance. Listing Broker is one of the Sellers.

Location & commute

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Directions

Property details

Listing details

Listing number
#2536420
Listed
June 11, 2026
Days on market
31
Price per sq ft
$346

Unit & building

Unit
A & B
Stories in building
2
Units in building
2

Parking

Covered spaces
4
Total spaces
6

Views

View
Territorial

Construction

Year built
1997
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
VinylCarpet

Lot

Lot features
Dead End StreetPaved
Lot size
5,663 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Everett Public Works
Sewer
Everett Public Works
Power
Snohomish County PUD

Schools

District
Everett
Elementary
Monroe Elem
Middle
Eisenhower Mid
High
Cascade High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Territorial
  • Duplex
  • Composition
  • Wall Furnace
  • None
  • Electric
  • Vinyl
  • Carpet
  • Dead End Street
  • Paved
  • Cash
  • Conventional

Listing history

  1. Listed

    $1,049,950

    June 11, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$6,114

Principal & interest
$5,309
Property tax (est.)
$805

Assumes $209,990 down (20%), a $839,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.