Remodeled Duplex with
For Sale
$850,000
2326 McDougall Ave, Everett, WA 98201
Two separate residences feature updated systems, private outdoor areas, and off-street parking.
Property Size2,715 SF
Price / SF$313.08
Days on Market49
Property Features for 2326 McDougall Ave
General Information
Standard status
Active
Size
2,715 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Road Access
Yes
Amenities
private patio
fenced yard
fireplace
washer/dryer
mini-split air conditioning
Building Details
Year Built
1926
Tenancy
Multi
Listing Agency:
John L. Scott, Inc.
Listed By:
Dan Tapia
(425) 883-6464
Source:
Angiewestby
Added: Aug 19
Changed: Sep 23
Last Checked: Oct 6 at 12:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John L. Scott, Inc.
Investment Insights
Based on property information with market context.
This duplex includes two distinct residences with updated interiors and separate access. Unit A contains 1,815 square feet across two stories, with 4 bedrooms, 2 bathrooms, a private patio, and off-street parking. Its improvements include new wiring, plumbing, HVAC, gas service, a fireplace, and appliances that are 2 years old. Unit B, constructed in 2020, provides 900 square feet with 2 bedrooms, 1 bathroom, a fenced yard, off-street parking, and energy-efficient cooling through a mini-split system. Appliances in Unit B were replaced within the last two years.
The property at 2326 Mcdougall Ave in Everett includes new siding and paint on both residences, along with a two-car garage and loft. Washer and dryers are included in both units. Both tenancies are month to month, and Unit B is reached from the alley while Unit A has access from McDougall Avenue.
The property at 2326 Mcdougall Ave in Everett includes new siding and paint on both residences, along with a two-car garage and loft. Washer and dryers are included in both units. Both tenancies are month to month, and Unit B is reached from the alley while Unit A has access from McDougall Avenue.
Key Highlights
- Unit A offers 1,815 square feet, 4 bedrooms, 2 bathrooms, and a two‑story layout
- Unit B was newly constructed in 2020 and contains 900 square feet with 2 bedrooms and 1 bathroom
- Two‑car garage with loft complements the duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,938
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,760
$898.8K
Cap Rate 7%
$641,971
$642.0K
Cap Rate 9%
$499,311
$499.3K
Market Conditions
NOI Build-Up for 2,715 SF
Gross rent
$68.4K $25.20/SF
− Vacancy
−$4.2K −$1.55/SF
EGI
$64.2K $23.65/SF
− OpEx
−$19.3K −$7.09/SF
NOI
$44.9K $16.55/SF
Area
Everett, WA
Vacancy
6.17%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,760
Cap Rate 7%
$641,971
Cap Rate 9%
$499,311
Alternative Uses
Best Use
Multifamily LT 5
$642.0K
$561.7K – $749.0K
NOI $44,938 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$574.4K
$502.6K – $670.2K
NOI $40,210 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$898.7K
$786.4K – $1.05M
NOI $62,908 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,392
Businesses Nearby
Explore this area
Business Placement
Demographics for 98201, WA
30,421
Population
15,196
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
91%
High-School Grad
18.8 sq mi
ZIP Area
1,618
Density / Sq Mi
$73,822
Median Household Income
$48,830
Median Earnings
$1,443
Median Rent
$476,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences feature updated systems, private outdoor areas, and off-street parking.
Where is this duplex located?
The property is located at 2326 McDougall Ave Everett, WA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Unit A offers 1,815 square feet, 4 bedrooms, 2 bathrooms, and a two‑story layout; Unit B was newly constructed in 2020 and contains 900 square feet with 2 bedrooms and 1 bathroom; Two‑car garage with loft complements the duplex
