Updated Duplex with Extra
6015 Dexter Avenue, Everett, WA 98203
A fully occupied Everett duplex with remodeled units and major 2022–2025 exterior and plumbing upgrades.
Type:Multifamily
Property size:
2,812 SFPrice / SF:
$326/SF- Added:
- Jun 12, 2026
- Days on Market:
- 27
- Last Refresh:
- Jun 20 at 4:57 am
Property Features for 6015 Dexter Avenue
General Information
- Standard status
- Active
- Size
- 2,812 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1990
Listing office HomeSmart Real Estate Associates
Listing date Jun 12, 2026
Source Crexi
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 HomeSmart Real Estate Associates
HighLights
- Fully occupied Everett duplex built in 1990, with strong rental history and stable tenants
- Major exterior upgrades: new roof, gutters, and exterior paint completed in 2022
- Full PEX re‑pipe completed in 2024
- Unit A remodeled in 2022: 3 bed, 2 bath, including new appliances, flooring, cabinets, and surfaces
- Unit B remodeled in 2025: 3 bed, 1 bath with similar finishes
- Widened driveway provides extra parking; close to Madison Elementary (3 blocks) and shopping/groceries (1 mile)
Overview
This updated Everett duplex is fully occupied and has benefited from substantial improvements. Major upgrades include a new roof, gutters, and exterior paint completed in 2022, along with a full PEX re-pipe in 2024. The driveway was widened to provide extra parking. Unit A features 3 bedrooms and 2 bathrooms and includes a 2-car garage; it was remodeled in 2022 with new appliances, flooring, cabinets, and updated surfaces. Unit B offers 3 bedrooms and 1 bathroom and was remodeled in 2025 with similar finishes.
Located at 6015 Dexter Avenue, the property sits close to everyday needs and community amenities, including Madison Elementary (about three blocks away). It is also approximately one mile to shopping and groceries, and about two miles to Forest Park.
For buyers seeking a turn-key, owner-occupied or investor-friendly duplex setup, the combination of fully remodeled interiors and recent building systems work supports straightforward day-to-day ownership. With stable tenants and a strong rental history referenced in the offering, the property presents as an income-producing multifamily asset designed to require less immediate maintenance.
Located at 6015 Dexter Avenue, the property sits close to everyday needs and community amenities, including Madison Elementary (about three blocks away). It is also approximately one mile to shopping and groceries, and about two miles to Forest Park.
For buyers seeking a turn-key, owner-occupied or investor-friendly duplex setup, the combination of fully remodeled interiors and recent building systems work supports straightforward day-to-day ownership. With stable tenants and a strong rental history referenced in the offering, the property presents as an income-producing multifamily asset designed to require less immediate maintenance.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.9k | $25.20 |
| − Vacancy | −$4.4k | −$1.55 |
| EGI | $66.5k | $23.65 |
| − OpEx | −$19.9k | −$7.09 |
| NOI | $46.5k | $16.55 |
2,812 SF · lease $25.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$664.9K
$581.8K – $775.7K
NOI $46,543 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$595.0K
$520.6K – $694.1K
NOI $41,647 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$930.8K
$814.5K – $1.09M
NOI $65,156 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Everett
- County
- Snohomish
- State
- Washington
- Longitude
- -122.2198633
- Latitude
- 47.9432848
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - A fully occupied Everett duplex with remodeled units and major 2022–2025 exterior and plumbing upgrades.
Where is this duplex located?
The property is located at 6015 Dexter Avenue Everett, WA.
What is the asking price?
The asking price for this property is $919,500.
What are key features of this property?
This property features: Fully occupied Everett duplex built in 1990, with strong rental history and stable tenants; Major exterior upgrades: new roof, gutters, and exterior paint completed in 2022; Full PEX re‑pipe completed in 2024
