517 Colton Lane, Everson, WA 98247

$865,000
2,994
SqFt

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Listing courtesy of COMPASS.

List Price
$865,000
Status
ACTIVE
MLS#
2567062
Days on Market
0
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,994
Area Total SqFt
2994
Annual Tax Ammount
5680
Internet Provider
Xfinity
Lot Size (sq ft)
10,019
Sewer
Sewer Connected

Property Description

Exceptional opportunity to own a turnkey duplex in a desirable Everson neighborhood. Built in 2024, this quality investment features two spacious units, each offering 3 bedrooms, 2.5 bathrooms, an attached two-car garage, a private fenced backyard, and 1,497 square feet of thoughtfully designed living space. Bright, open floor plans showcase vaulted ceilings, quartz countertops, shaker cabinetry, stainless steel appliances, durable luxury vinyl plank flooring, mini-split heating and cooling, and modern finishes throughout. Built two feet above the 100-year flood elevation, no flood insurance is required. Great chance to get into the multi-family market or expand your portfolio!

Additional Information

List Date
2026-08-10 17:58:13
Community
Everson
Net Operating Income
$53,452
Gross Adjusted Income
$53,452
Gross Scheduled Income
$61,200
Total Monthly Income
$5,100
Insurance Expenses
$2,068
Gross Rent Multiplier
14.13
Total Expenses
$7,748
Cap Rate
6.18
Total Number of Units
2
Unit Name
517
Potential Terms
Cash, Conventional
Year Built
2024
Waterfront
Yes
View
River
Roof
Composition
Site Features
Fenced-Fully, Patio
Energy Source
Electric
School District
Nooksack Valley
Elementary School
Everson Elem
Middle School
Nooksack Vly Mid
High School
Nooksack Vly High
Total Monthly Income
$5,100
Gross Scheduled Income
$61,200
Gross Adjusted Income
$53,452
Tax Year
2026
Insurance Expense
$2,068
Total Expenses
$7,748
Net Operating Income
$53,452
Gross Rent Multiplier
14.13
Cap Rate
6.18
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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