Property Details

1713 17th Street
Everett, WA 98201
$699,000
MLS# 2538917 courtesy of NWMLS Listing firm: Heaton Dainard, LLC

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1713 17th Street , Everett, WA 98201, Everett

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Multi-Family
Property Type
2,475
Bldg Sq Ft
2
Units
4.80%
Cap Rate
1920
Year Built

Property Overview

Exceptional turn key investment opportunity in North Everett! Situated on a quiet street just minutes from Providence Regional Medical Center, the Everett Waterfront, and the vibrant Port Gardner Bay area, this well-maintained property offers large units, updated plumbing & electrical systems, and strong long-term appeal. Features include garage parking plus additional off-street parking for two vehicles, alley access, coin-op laundry providing additional income, and a newer TPO roof installed just two years ago.The expansive lower level is currently utilized for storage and presents intriguing value-add potential for a possible third unit or additional income opportunity (buyer to verify). Current rents offer potential upside, providing investors with an opportunity to increase cash flow over time. One unit is occupied by a month-to-month tenant, creating flexibility for an owner-occupant, subject to tenant rights. Conveniently located near major employers, transit routes, downtown Everett, and commuter connections to Seattle and the Eastside, this is a rare opportunity to acquire a turnkey asset with future upside in one of Everett's most desirable rental locations.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Snohomish
Neighborhood Everett
Listed Jun 11, 2026
Structure Type Duplex
Parcel Number 00438033901701

Tax & HOA

Annual Property Tax $4,824 (2025)
Est. Monthly Tax $402/mo

Financial Summary

Cap Rate 4.80%
Net Operating Income $33,804
Gross Scheduled Income $43,128
Gross Rent Multiplier 1.60
Total Expenses $9,324

Building & Use

Building Sq Ft 2,475
Leasable Area 2,475 sqft
Total Units 2
Lot Size 2,614 sqft
Year Built 1920

Exterior & Lot

Lot Size 0.06 sqft
Year Built 1920
Garage 1 spaces
Exterior Materials Wood
Sewer Sewer Connected
Exterior Features Wood Products

Community & Access

Directions See GPS.

Location

City Everett
County Snohomish
Coordinates 47.99526, -122.20599

Additional Information

Tax Year 2025
Annual Taxes $4,824
Possession Array
Listed By
Jennifer Haffner
Heaton Dainard, LLC

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