10431 19th Avenue SE Unit #A & B, Everett, WA 98208

$1,019,950
3,038
SqFt

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Listing courtesy of WeLakeside.

List Price
$1,019,950
Status
ACTIVE
MLS#
2536420
Price Change
▼ $30,000 1784239578
Days on Market
45
Style
52 - Duplex
Building Condition
Good
Finished SqFt
3,038
Area Total SqFt
3038
Annual Tax Ammount
6988
Lot Size (sq ft)
5,663
Sewer
Sewer Connected

Property Description

Price Improvement! Incredible value | Rental Duplex | Each unit features 3 bedrooms, 2.5 baths, and an attached 2-car garage | Phenomenal 5.74% 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.

Additional Information

List Date
2026-06-11 17:13:11
Community
Silver Lake
Net Operating Income
$58,573
Gross Adjusted Income
$72,000
Gross Scheduled Income
$72,000
Total Monthly Income
$5,618
Insurance Expenses
$2,020
Water/Sewer/Garbage Expenses
$3,784
Gross Rent Multiplier
14.16
Total Expenses
$13,427
Cap Rate
5.74
Total Number of Units
2
Unit Name
10431
Potential Terms
Cash, Conventional
Year Built
1997
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, High Speed Internet
Other Expenses
635
Energy Source
Electric
School District
Everett
Elementary School
Monroe Elem
Middle School
Eisenhower Mid
High School
Cascade High
Total Monthly Income
$5,618
Gross Scheduled Income
$72,000
Gross Adjusted Income
$72,000
Tax Year
2026
Insurance Expense
$2,020
W/S/G Expenses
$3,784
Total Expenses
$13,427
Net Operating Income
$58,573
Gross Rent Multiplier
14.16
Cap Rate
5.74
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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