Property Details
12915 14th Drive SE
Everett, WA 98208
$950,000
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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
