Property Details
1931 McDougall Avenue
Everett, WA 98201
$599,000
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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
