Property Details

1931 McDougall Avenue
Everett, WA 98201
$599,000
MLS# 2514147 courtesy of NWMLS Listing firm: RE/MAX Elite

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1931 McDougall Avenue , Everett, WA 98201, Everett

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1931 McDougall Avenue , Everett, WA 98201, Everett

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Multi-Family
Property Type
1,518
Bldg Sq Ft
2
Units
5.80%
Cap Rate
1901
Year Built

Property Overview

Well-maintained Duplex in the heart of Historic North Everett with Mountain views, offering timeless charm and strong income potential. This 2-story property features 1,518 sq ft of finished living space with two thoughtfully laid-out units. Unit A offers 2 bedrooms + office or use as 3rd bedroom and 1 bath, Unit B offers 2 bedrooms and 1 bathroom—ideal for consistent rental demand or multi-generational living. Four off-street parking spaces provide added convenience and value for tenants and owners alike. The property’s classic character pairs seamlessly with a location that continues to perform. Just minutes from the Everett Marina, dining, shopping, and medical facilities, with easy access to major employers including Boeing, Everett Community College, and Naval Station Everett. Only 10 blocks from the future Light Rail Station! Convenient freeway access enhances daily commutes and long-term rental appeal. A rare opportunity for investors or owner-occupants seeking flexibility, location, and lasting value in a sought-after neighborhood. Upzoned to UR4. Investor Portfolio Sale! Additional properties currently listed at 1413 23rd St Everett 98201 and 7945 9th Ave SW, Seattle WA 98106.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Snohomish
Neighborhood Historic N Everett
Listed May 8, 2026
Structure Type Duplex
Parcel Number 00438438501500

Tax & HOA

Annual Property Tax $4,421 (2026)
Est. Monthly Tax $368/mo

Financial Summary

Cap Rate 5.80%
Net Operating Income $34,863
Gross Scheduled Income $41,580
Gross Rent Multiplier 14.40
Total Expenses $6,717

Building & Use

Building Sq Ft 1,518
Leasable Area 1,518 sqft
Total Units 2
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 6,098 sqft
Year Built 1901

Exterior & Lot

Lot Size 0.14 sqft
Year Built 1901
Exterior Materials Metal/Vinyl
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Corner Lot, Curbs, Sidewalk
Exterior Features Metal/Vinyl

Community & Access

Directions GPS works great!

Location

City Everett
County Snohomish
Coordinates 47.99124, -122.19941

Additional Information

Tax Year 2026
Annual Taxes $4,421
Possession Array
Listed By
Tina Leggett
RE/MAX Elite

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