513 Colton Lane, Everson, WA 98247

$860,000
3,090
SqFt

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Listing courtesy of Redfin.

List Price
$860,000
Status
ACTIVE
MLS#
2573264
Days on Market
0
Style
52 - Duplex
Building Condition
Good
Finished SqFt
3,090
Area Total SqFt
3090
Annual Tax Ammount
6400
Lot Size (sq ft)
10,019
Sewer
Sewer Connected

Property Description

Discover an exceptional turnkey investment opportunity in Everson at 513 Colton Ln. This newly built duplex features two distinct units, making it ideal for house hackers, multi-generational living, or savvy investors seeking immediate cash flow. One side is currently vacant and move-in ready, perfect for an owner-occupant or for setting your own market rent. The second unit is occupied with reliable rental income from day one. Built in 2025, the property spans 3,090 sq ft across both units, featuring a total of 6 bedrooms, 6 bathrooms, and modern finishes throughout. Situated on a generous 10,019 sq ft lot with a total of 4 parking spaces, you will enjoy the freedom of no monthly HOA dues while benefiting from thoughtful CC&Rs designed to protect long-term property values. Located in a quiet neighborhood close to local schools and amenities, this versatile property offers strong income potential and flexible living options. Schedule a showing today to see all that this home has to offer!

Additional Information

List Date
2026-08-28 23:13:13
Community
Nooksack
Net Operating Income
$37,000
Gross Adjusted Income
$48,800
Gross Scheduled Income
$55,200
Total Monthly Income
$4,600
Insurance Expenses
$5,400
Gross Rent Multiplier
15.58
Total Expenses
$11,800
Cap Rate
4.3
Total Number of Units
2
Unit Name
513
Potential Terms
Cash, Conventional
Year Built
2025
Roof
Composition
Energy Source
Electric
School District
Nooksack Valley
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,600
Gross Scheduled Income
$55,200
Gross Adjusted Income
$48,800
Tax Year
2026
Insurance Expense
$5,400
Total Expenses
$11,800
Net Operating Income
$37,000
Gross Rent Multiplier
15.58
Cap Rate
4.3
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.
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