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33546811
33546784

6015 Dexter Avenue, Everett, WA 98203

JS
WA 119920
HomeSmart Real Estate Associates
Listed by HomeSmart Real Estate Associates
$919,500
20 days on market
Updated 20 days ago

6015 Dexter Avenue Duplex

Details
Property Type Multifamily
Sub Type Duplex
Square Footage 2,812
Units 2
Cap Rate 5.34%
NOI $49,118
Occupancy 100%
Tenancy Multi
Price per SqFt $327
Class B
Year Built 1990
Buildings 1
Acreage 0.240
Ground Lease No
Sale Condition N/A

Fully Occupied Everett Duplex | $61,140 Annual Income | New Roof, PEX Plumbing & Renovated Units

Marketing description

Updated, fully occupied Everett duplex just 4 miles from Boeing & Paine Field! Major upgrades include new roof, gutters, and exterior paint (2022), full PEX re-pipe (2024), and widened driveway for extra parking. Unit A (3 bed, 2 bath) with 2-car garage was remodeled in 2022 with new appliances, flooring, cabinets, and surfaces. Unit B (3 bed, 1 bath) remodeled in 2025 with similar finishes. Strong rental history with stable tenants. Located 3 blocks from Madison Elementary, 1 mile to shopping/groceries, and 2 miles to Forest Park. Ideal turn-key investment with excellent location and solid updates—low maintenance, great cash flow, and no vacancy needed!

Investment highlights

This fully occupied Everett duplex offers a rare turnkey investment opportunity with immediate cash flow and stable tenants already in place. Featuring two spacious units totaling 2,812 square feet, the property generates $61,140 in annual gross income and delivers a strong operating performance with a reported NOI of $49,118. Both units have established rental histories, eliminating vacancy concerns and providing investors with income from day one.

What truly sets this property apart is the extensive list of recent capital improvements. Major updates include a new roof, gutters, and exterior paint in 2022, a complete PEX plumbing repipe in 2024, and remodeled interiors in both units, with Unit A updated in 2022 and Unit B renovated in 2025. Located just four miles from Boeing and Paine Field, near Madison Elementary, shopping, and Forest Park, this duplex combines strong tenant demand, reduced maintenance risk, and an excellent Everett location, making it an ideal addition to an investment portfolio.

Listing Contacts

JS
WA 119920
HomeSmart Real Estate Associates
Listed by HomeSmart Real Estate Associates

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$49,118.00
$4,093.17/mo

Valuation Metrics

0
DSCR
5.34%
Cap Rate
5.34%
ROI

Map

Zoning

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UR4 ResidentialMulti FamilyUrban Residential Low Rise
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Jason Stricevich
License
119920
Brokerage
HomeSmart Real Estate Associates
Brokerage Phone
2065237653
Title
Real Estate Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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