Address
412 105th Street Sw, Everett, WA
Price
$ 779,950
Property Attributes
- ID#2530416
- TypeMulti-Family
- CountySNOHOMISH
- CityEverett
- AreaEverett-Mukilteo
- NeighborhoodEverett Mall
- Zip98204
- StyleDuplex
- Year Built1979
- Taxes$ 5460
- Price$ 779,950
- Bedrooms8
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2770
- Lot Size0.34 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Attention Investors! Everett investment opportunity featuring an income-producing duplex plus an additional 3-bedroom manufactured home on a spacious 14,810 SF lot. All units are occupied with month-to-month leases and current rents are below market, offering future rental upside. Seller currently pays water/sewer, providing additional potential for future expense restructuring. Property is in fair condition with opportunity for improvements and value enhancement. Large 14,810 SF lot with MR zoning offers redevelopment potential for approximately 7 dwelling units based on current zoning density. Plenty of parking with convenient access to shopping, services, transit and major commuter routes. Ideal for an investor looking for current rental income with multiple ways to add value through future rent growth, property improvements, expense restructuring and redevelopment potential. Buyer to verify zoning, permitted uses, development capacity and all information to buyer’s satisfaction.
| Price History | |
|---|---|
| 8/15/2026 | Listed $779,950 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Forced Air |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Garage Spaces | 2 |
| Security Features | Partially Fenced |
| Year Built | 1979 |
| Property Subtype | Multi Family |
| Tax Year | 2026 |
| County | Snohomish |
| Net Operating Income | 37435 |
| Insurance Expense | 2100 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Subdivision Name | Everett Mall |
| Possible Use | Multi-Family |
| Special Listing Conditions | None |
| Status | Active |
| Directions | GPS friendly. |
| City | Everett |
| Senior Community Y/N | No |
| High School District | Mukilteo |
| Zoning Description | Multi-Family |
| Number Of Units Total | 3 |
| MLS Area | 740 - Everett/Mukilteo |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 14810 |
| Carport Spaces | 3 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,Rehab Loan,VA Loan |
| Tax Annual Amount | 5460 |
| Property Condition | Fair |
| Public Remarks | Attention Investors! Everett investment opportunity featuring an income-producing duplex plus an additional 3-bedroom manufactured home on a spacious 14,810 SF lot. All units are occupied with month- |
| Leasable Area | 2770 |
| Structure Type | Duplex |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Mukilteo Water & Wastewater District |
| Units Below Grade | false |
| Units In Building Total | 3 |
| Water Sewer Garbage | 10805 |
| Property Style | 52 - Duplex |
| Cap Rate | 4.68 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Laminate,Vinyl,Carpet |
|---|---|
| Total Stories | 1 |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Parking Features | RV Parking |
| Lot Features | Alley,Open Space,Paved |
| Water Source | Public |
| Total Parking | 9 |
| Foundation Details | Poured Concrete |
| Building Area Total | 2770 |
| Lot Dimensions | 14810 |
| Lot Size Acres | 0.34 |
| Waterfront Y/N | No |
| Covered Spaces | 5 |
| Irrigation Water Rights Y/N | No |
| Site Features | Fenced-Partially,Patio,RV Parking |
| Parking Uncovered Total | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98204
Price
Taxes
Year Built
Visits
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