Property Details

517 Colton Lane
Everson, WA 98247
$865,000
MLS# 2567062 courtesy of NWMLS Listing firm: COMPASS

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517 Colton Lane , Everson, WA 98247, Everson

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517 Colton Lane , Everson, WA 98247, Everson

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Multi-Family
Property Type
2,994
Bldg Sq Ft
2
Units
6.18%
Cap Rate
2024
Year Built

Property Overview

Exceptional opportunity to own a turnkey duplex in a desirable Everson neighborhood. Built in 2024, this quality investment features two spacious units, each offering 3 bedrooms, 2.5 bathrooms, an attached two-car garage, a private fenced backyard, and 1,497 square feet of thoughtfully designed living space. Bright, open floor plans showcase vaulted ceilings, quartz countertops, shaker cabinetry, stainless steel appliances, durable luxury vinyl plank flooring, mini-split heating and cooling, and modern finishes throughout. Built two feet above the 100-year flood elevation, no flood insurance is required. Great chance to get into the multi-family market or expand your portfolio!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Whatcom
Neighborhood Everson
Listed Aug 10, 2026
Structure Type Duplex
Parcel Number 4004310074680000

Tax & HOA

Annual Property Tax $5,680 (2026)
Est. Monthly Tax $473/mo

Financial Summary

Cap Rate 6.18%
Net Operating Income $53,452
Gross Scheduled Income $61,200
Gross Rent Multiplier 14.13
Total Expenses $7,748

Building & Use

Building Sq Ft 2,994
Leasable Area 2,994 sqft
Total Units 2
Zoning Multi-Family,Residential
Possible Use Multi-Family, Residential
Lot Size 10,019 sqft
Year Built 2024

Exterior & Lot

Lot Size 0.23 sqft
Year Built 2024
Garage 4 spaces
Exterior Materials Cement Plank
Sewer Sewer Connected
Lot Features Dead End Street, Paved, Sidewalk
Exterior Features Cement Planked

Community & Access

Directions GPS

Location

City Everson
County Whatcom
Coordinates 48.91711, -122.35241

Additional Information

Tax Year 2026
Annual Taxes $5,680
Possession Array
Listed By
Tony Hoefakker
COMPASS

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