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5113 S 4th Avenue, Everett, WA, 98203

4beds
4baths
2,312sqft
$725,000
$314price/sqft
$4,473/moest. monthly cost
$178,920/yrincome needed

About This Home

Turnkey duplex with side-by-side units in Everett's Lowell neighborhood offering mountain, river, and territorial views in a private, peaceful setting. Each unit features 2 bedrooms, 1.5 baths, and 1,156 sq ft of thoughtfully designed living space with updated kitchens, private washer and dryer, thermal windows, and two private decks, each with outdoor storage, plus a separate larger storage area below that could be finished or used for hobbies or a workspace. Both long-term tenants are on month-to-month leases at $1,950 per side, generating $3,900 per month in gross income with a 5.36% cap rate and $38,843 NOI at the listed price. Investors will appreciate the stable income, low vacancy history, and below-market rent upside. Owner occupants can live on one side and let the other offset their mortgage. Additional parking in the rear accommodates 3 to 4 vehicles with potential RV or boat storage. Unit B will be available August 1st, making this an easy transition for an owner occupied buyer.

Getting Around

40
WalkingCar-Dependent
30
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

6/10
Lowell Elementary SchoolGrades PK-50.2 mi
6/10
Evergreen Middle SchoolGrades 6-82.1 mi
7/10
Everett High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1979

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Window features: Thermal Windows
  • Flooring: Laminate,Vinyl,Carpet

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 2,312
  • Total interior livable area: 2,312 sqft

Property

Details

  • Parcel number: 00500301600700
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: Mountain(s),River,Territorial
  • Has water view: Yes
  • Water view: River

Lot

  • Lot size: 6,534 sqft
  • Features: Paved,Secluded,Deck

Parking

  • Total spaces: 4
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Ice Storm
Landslide

FEMA Declared Disasters in Snohomish County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$148$1,776
Property Taxes $502$6,024
Electricity $158$1,897
Total$4,473$53,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$153,360/yr
40% on housing$134,190/yr
45% on housing$119,280/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$314This listing

vs Other Active Listings

Avg $/sqft

ZIP 98203$281
Snohomish County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 98203$411
Snohomish County$396

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-24Listed for sale$725,000
2022-12-03Listed for rent$1,750
2021-03-24Listing removed--
2019-10-25Listing removed$1,450
2019-10-18Listed for rent$1,450
2019-08-15Sold$203,803
2010-11-12Sold$245,000
2010-08-27Sold$245,000
2010-03-09Listed for sale$289,950
2007-06-19Sold$396,780
2003-09-12Sold$225,000
1994-03-08Sold$147,500

For Sale by Agent

AgentJason Windom
BrokerageeXp Realty

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