Property Details
2320 Ravenna Street
Everett, WA 98203
$724,950
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Property Overview
Incredible Investment Opportunity in Lowell! Private & versatile duplex with massive garages tucked away in a private, serene setting within Everett’s desirable Lowell neighborhood, this accommodating duplex offers an exceptional opportunity for savvy investors! Rent both or live in one and rent the other. Each spacious 2-bed, 1-bath unit features a comfortable layout, a welcoming living room, and a primary bedroom with a large closet and the ultimate highlight- an enormous, finished 806 sq ft 2-car tandem garage with abundant storage! Comfort is guaranteed year-round with separate gas forced-air furnaces (Unit A updated in 2022) complemented by efficient ductless mini-split systems (3 heads per unit: one in each bedroom and the living room). The property boasts low-maintenance Hardiplank siding, durable composite decking with aluminum railings, retractable awnings, and a fully fenced side yard with dedicated garden beds on the north side. Inside, Unit B shines with updated modern vinyl flooring, granite countertops, built-in cabinetry, stainless steel appliances and new two panel solid wood doors. Unit A features solid wood doors, and a beautifully remodeled full bath featuring a single vanity and dedicated laundry. Separate gas and electrical meters, individual strapped hot water tanks, and a highly accessible location make this Lowell duplex a rare find!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Lowell
Listed
May 27, 2026
Structure Type
Duplex
Parcel Number
28050500104300
Tax & HOA
Annual Property Tax
$5,575 (2025)
Est. Monthly Tax
$465/mo
Financial Summary
Cap Rate
6.00%
Net Operating Income
$41,101
Gross Scheduled Income
$52,800
Gross Rent Multiplier
13.73
Total Expenses
$11,669
Building & Use
Building Sq Ft
1,664
Leasable Area
1,664 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
7,405 sqft
Year Built
1956
Exterior & Lot
Lot Size
0.17 sqft
Year Built
1956
Garage
4 spaces
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Dead End Street
Exterior Features
Brick, Wood Products
Community & Access
Directions
After turning onto Ravenna St, the duplex is down the driveway before 2328 Ravenna st.
Location
City
Everett
County
Snohomish
Coordinates
47.94484, -122.19305
Additional Information
Tax Year
2025
Annual Taxes
$5,575
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:14 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
