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5021 Sperry Ln, Everett, WA 98203

$599,950
•
  • —

    bed

  • —

    bath

  • 1,622

    Sqft ($370/Sqft)

House coming soon

About 5021 Sperry Ln

Property type House
Neighborhood
Year built 1941
HOA fee $0/month
Lot size 7,841 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
RARE INVESTMENT OPPORTUNITY IN EVERETT’S DESIRABLE FOREST PARK COMMUNITY! Discover this well-maintained, single-story duplex nestled on a shy .20-acre lot in the sought-after Cascade Terrace neighborhood. Built in 1941 with enduring craftsmanship, this solid, charming property offers exceptional versatility for investors, future owner-occupants, or multi-generational living. ALWAYS RENTED! Each spacious unit features 2 bedrooms, 1 full bath, approximately 763 sq. ft., wood and laminate flooring, appliances, and separate front and rear entrances for added privacy. A shared 2-car garage provides each residence with its own covered parking space, plus additional parking. Pride of ownership shines throughout with upgraded double-pane windows, a new gas furnace in 2013 in Unit B, and beautifully maintained interiors. Ideally positioned on a quiet neighborhood street, Unit A faces Sperry Lane while Unit B faces Woodlawn Avenue, creating a wonderful sense of individuality. Both residences are currently leased through December 31, 2027, offering immediate rental income and investment appeal. Enjoy exceptional convenience within walking distance of restaurants, shopping, medical services, public transit, the Post Office, and Clairmont Shopping Center. Minutes to Forest Park, Everett Mall, Boeing, Paine Field, and I-5. A RARE FIND IN AN ESTABLISHED NEIGHBORHOOD—AN OUTSTANDING OPPORTUNITY TO INVEST IN EVERETT REAL ESTATE!
Listed by
Listing Agent - George Caudill
Listing Office - Pacific Properties
Source: NWMLS mls logo
MLS#2590505 • last updated 2 hours ago
Movoto checked NWMLS for data 11 minutes ago
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Overview
Cooling/AC None
Levels/Style Duplex
MLS # 2590505
SubType Multi Family
Type Residential Income
SqFt 1622
Status First Look
Lot Size (SqFt) 7841
Lot Size (Acres) 0.18
Property Tax 4483
Year Built 1941
Condition Average
Interior
Exterior
Foundation Poured Concrete
Roof Composition
Construction Wood
# Covered Spaces 2
Parking Desc RV Parking
# Carport Spaces 2
# Parking Spaces 8
# Garage Spaces 2
# Uncovered Spaces 6
Exterior Features Wood
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected, Everett Utilities
Water Public
Water Company Everett Utilities
Power Company PUD
Power Production: Type Electric, Natural Gas
Security Features Fully Fenced
HOA Amenities See Remarks, Thermal Windows
Location
County Snohomish
Subdivision Forest Park
Area 740 - Everett/Mukilteo
Elementary School Lowell Elem
Middle School Evergreen Mid
High School District Everett
High School Everett High
APN 402900000800
Multifamily Details
Net Operating Income 27242
Capitalization Rate 4.54
Expense: Insurance 1671
Gross Scheduled Income 36000
Gross Adjusted Income 34200
Total Expenses 6958
Gross Rent Multiplier 16.67
Nwm_Totalmonthlyincome 3000
Vacancy Rate 5
Lot/ Land Details
Site Features Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio, RV Parking
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Source: GreatSchools.org © 2026. All rights reserved.

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