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JRJeff ReynoldsCompass · Seattle

Listed by George Caudill, Pacific Properties

1,622
Square feet
$370
Per sq ft
Multi Family
Type
1941
Year built
7,841 sq ft
Lot
0
Days on market

About this property

RARE INVESTMENT OPPORTUNITY IN EVERETT’S DESIRABLE FOREST PARK COMMUNITY! Discover this well-maintained, single-story duplex nestled on a shy .20-acre lot in the sought-after Cascade Terrace neighborhood. Built in 1941 with enduring craftsmanship, this solid, charming property offers exceptional versatility for investors, future owner-occupants, or multi-generational living. ALWAYS RENTED! Each spacious unit features 2 bedrooms, 1 full bath, approximately 763 sq. ft., wood and laminate flooring, appliances, and separate front and rear entrances for added privacy. A shared 2-car garage provides each residence with its own covered parking space, plus additional parking. Pride of ownership shines throughout with upgraded double-pane windows, a new gas furnace in 2013 in Unit B, and beautifully maintained interiors. Ideally positioned on a quiet neighborhood street, Unit A faces Sperry Lane while Unit B faces Woodlawn Avenue, creating a wonderful sense of individuality. Both residences are currently leased through December 31, 2027, offering immediate rental income and investment appeal. Enjoy exceptional convenience within walking distance of restaurants, shopping, medical services, public transit, the Post Office, and Clairmont Shopping Center. Minutes to Forest Park, Everett Mall, Boeing, Paine Field, and I-5. A RARE FIND IN AN ESTABLISHED NEIGHBORHOOD—AN OUTSTANDING OPPORTUNITY TO INVEST IN EVERETT REAL ESTATE!

Location & commute

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Directions

Jeff's Neighborhood Guide

Get to know the Everett/Mukilteo area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2590505
Listed
October 12, 2026
Days on market
0
Price per sq ft
$370

Unit & building

Stories in building
1
Units in building
2

Parking

Parking
RV Parking
Covered spaces
2
Total spaces
8

Views

View
CityMountainsTerritorial

Construction

Year built
1941
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
BaseboardForced Air
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
HardwoodLaminate

Lot

Lot features
Corner LotDead End StreetOpen SpacePavedSecluded
Lot size
7,841 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Everett Utilities
Sewer
Everett Utilities
Power
PUD

Schools

District
Everett
Elementary
Lowell Elem
Middle
Evergreen Mid
High
Everett High

What stands out to you?

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

  • RV Parking
  • City
  • Mountains
  • Territorial
  • Duplex
  • Composition
  • Baseboard
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Hardwood

Listing history

  1. Listed

    $599,950

    October 12, 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

$3,494

Principal & interest
$3,034
Property tax (est.)
$460

Assumes $119,990 down (20%), a $479,960 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 November 1, 2026 at 1:50 AM PST. 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.

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