4521 Grand Avenue, Everett, WA 98203

$650,000
1,902
SqFt

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Listing Broker: Coldwell Banker Bain; Blair Mus; 206-849-0983; blairmus@cbbain.com

List Price
$650,000
Status
ACTIVE
MLS#
2590856
Days on Market
0
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,902
Area Total SqFt
1902
Annual Tax Ammount
4586
Lot Size (sq ft)
7,405
Sewer
Sewer Connected

Property Description

Live in one. Rent the other. Build wealth! Rarely does an opportunity like this come to market. Located in a high-growth area of Everett, this duplex offers incredible flexibility for investors, first-time home buyers, and anyone looking for a smart way to put real estate to work for them. This exceptional property features two separate units, each offering 2 bedrooms, 1 full bathroom, a full kitchen, and its own dedicated washer and dryer. Maybe you are an experienced investor looking to add another income-producing property to your portfolio. Investment properties like this are almost impossible to find at this price point. Or, perhaps you are a first time homebuyer who is looking for a smart way to offset your housing costs. Live in one unit and rent the other, creating an opportunity to have rental income help offset your monthly expenses. Each unit has garage parking and there is additional off-street parking as well. This property has been pre-inspected and is dialed in for its new owner. Come and take a look and maybe, just maybe, begin your journey toward long-term wealth through real estate ownership.

Additional Information

List Date
2026-10-07 22:00:13
Community
Everett
Net Operating Income
$29,650
Gross Adjusted Income
$38,280
Gross Scheduled Income
$38,280
Total Monthly Income
$3,190
Insurance Expenses
$1,920
Water/Sewer/Garbage Expenses
$2,124
Gross Rent Multiplier
16.98
Total Expenses
$8,630
Cap Rate
4.56
Total Number of Units
2
Unit Name
4521
Potential Terms
Cash, Conventional
Year Built
1977
Roof
Composition
Site Features
Deck
Energy Source
Electric
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,190
Gross Scheduled Income
$38,280
Gross Adjusted Income
$38,280
Tax Year
2026
Insurance Expense
$1,920
W/S/G Expenses
$2,124
Total Expenses
$8,630
Net Operating Income
$29,650
Gross Rent Multiplier
16.98
Cap Rate
4.56
Based on information submitted to the MLS GRID as of . 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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