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Exterior
Living
Kitchen
Bedroom
Bath

5305 S 3rd Ave, Everett, WA 98203

$649,950

Last sold 08/05/2026 after 34 Days

—
bed
—
bath
1,888
Sqft ($344/Sqft)

House not for sale

About 5305 S 3rd Ave

Property type House

Neighborhood

Year built 1925

HOA fee $0/month

Lot size 8,712 Sqft

Movoto estimate

Parking 1 garage spaces

Property description

Investment Opportunity in Lowell! Private & versatile triplex with additional detached two car garage tucked away in a private, serene setting within Everett’s desirable Lowell neighborhood. This accommodating triplex offers an exceptional opportunity for savvy investors! Rent all three units or live in one and rent the other two. Units are upgraded and ready for move-ins.

Listed by

Listing Agent - Skip Bates

Listing Office - New Horizon Realty LLC

Source: NWMLS

MLS#2541543 • last updated 1 month ago

Movoto checked NWMLS for data 25 minutes ago

Overview
Cooling/AC	Ductless
Levels/Style	Triplex
MLS #	2541543
SubType	Multi Family
Type	Residential Income
SqFt	1888
Status	Sold
Lot Size (SqFt)	8712
Lot Size (Acres)	0.2
Property Tax	4628
Buying Office	Real Broker LLC
Year Built	1925
Buying Office Phone	855-450-0442
Condition	Very Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
Construction	Wood
# Covered Spaces	2
# Parking Spaces	7
# Garage Spaces	1
# Uncovered Spaces	5
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, Everett
Water	Public
Water Company	Everett
Power Company	Snohomish PUD
Power Production: Type	Electric
Security Features	Partially Fenced
HOA Amenities	See Remarks

Location
County	Snohomish
Subdivision	Lowell
Area	740 - Everett/Mukilteo
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Everett
High School	Buyer To Verify
APN	500302300800
Zoning	Residential

Multifamily Details
Net Operating Income	47056
Capitalization Rate	7
Expense: Insurance	2400
Expense: Electricity	3000
Gross Scheduled Income	64000
Expense: Other	3000
Gross Adjusted Income	47056
Total Expenses	15028
Gross Rent Multiplier	10.4
Nwm_Totalmonthlyincome	4300
Vacancy Rate	4

Lot/ Land Details
Site Features	Cable TV, Deck, Fenced-Partially, High Speed Internet

$640K

Range: $544K-$736K

Last 30 days

Rental est.: $1,416/month

• Gross rent multiplier: 38.3

Lower your payment with the loan terms that fit you.

Aug 2026
MLS # 2541543
Aug 5, 2026 Sold
$649,950
Jul 8, 2026 Pending
—
Jul 2, 2026 Listed
$649,950

Year Property taxes Tax assessment
2025
$4,615 +0.9%

$505,700 -8.7%
2023
$4,576 +25.1%

$553,900 +39.0%
2022
$3,657 -6.4%

$398,500 +11.22%
2021
$3,906 -3.1%

$358,300
2020
$4,030 +11.7%

$358,300 +10.96%
2019
$3,608 -0.6%

$322,900
2018
$3,629 +55.3%

$322,900 +43.0%
2015
$2,337

$225,800

5305 S 3rd Ave
$649K
Lowell
$700K -14% y/y
98203
$575K -11% y/y
Everett
$525K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
5307 S 3rd Ave, Everett, WA 98203	$676,000	4/2	1,394	0.02
2220 Main St, Everett, WA 98203	$562,000	3/1	924	0.02
2216 Main St, Everett, WA 98203	$715,000	4/2	1,652	0.02
2228 Main St, Everett, WA 98203	$572,000	3/1	1,116	0.02
5310 S 2nd Ave, Everett, WA 98203	$511,000	3/1	1,204	0.03
5308 S 2nd Ave, Everett, WA 98203	$501,000	3/1	1,204	0.03
5309 S 3rd Ave, Everett, WA 98203	$620,000	4/2	1,032	0.03
5304 S 3rd Ave, Everett, WA 98203	$586,000	2/1	976	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.