Property Details

12915 14th Drive SE
Everett, WA 98208
$950,000
MLS# 2537499 courtesy of NWMLS Listing firm: Windermere R.E. Shoreline

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12915 14th Drive SE, Everett, WA 98208, Everett

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12915 14th Drive SE, Everett, WA 98208, Everett

1 / 2
Multi-Family
Property Type
2,472
Bldg Sq Ft
2
Units
3.30%
Cap Rate
2008
Year Built

Property Overview

Updated and maintained duplex offers great investment opportunity in fantastic Silver Lake location! Strong fundamentals. Reliable income. Zero heavy lifting. Mirrored units feature 3 bedrooms, 2.5 bathrooms and over 1300+ sq ft each. Sunny living and dining room, with private deck, and roomy kitchen with tons of storage. Primary bedroom suite features vaulted ceilings, walk-in closet and private bathroom. Attached garage parking for each unit! Each unit metered separately (water/sewer/gas/electric) and tenants cover all utilities. Professionally managed and well maintained for peace of mind. Convenient location near Mill Creek, commuter routes, parks, schools and Paine Field Airport. Reliable tenants. Turnkey investment is waiting for you!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Snohomish
Neighborhood Silver Lake
Listed Jun 10, 2026
Structure Type Duplex
Parcel Number 00574100005802

Tax & HOA

Annual Property Tax $8,007 (2025)
Est. Monthly Tax $667/mo

Financial Summary

Cap Rate 3.30%
Net Operating Income $31,907
Gross Scheduled Income $56,370
Gross Rent Multiplier 16.00
Total Expenses $13,652

Building & Use

Building Sq Ft 2,472
Leasable Area 2,472 sqft
Total Units 2
Zoning Residential
Possible Use Residential
Lot Size 13,504 sqft
Year Built 2008

Exterior & Lot

Lot Size 0.31 sqft
Year Built 2008
Garage 2 spaces
Exterior Materials Metal/Vinyl
Sewer Sewer Connected
Water Source Public
Lot Features Dead End Street, Paved
Exterior Features Metal/Vinyl

Community & Access

Directions I-5 128th St Exit head East. Turn left onto Elgin Way. At stop sign turn right onto 10th and next left onto 130th St SE which turns into 14th DR SE. Property is tucked behind 12929 14th DR SE.

Location

City Everett
County Snohomish
Coordinates 47.88087, -122.21301

Additional Information

Tax Year 2025
Annual Taxes $8,007
Possession Array
Listed By
Clint Kinzel
Windermere R.E. Shoreline

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