12303 Alexander Rd

5
Baths
3,116 Sq. Ft.
$337 / Sq. Ft.
3,116
Sq. Ft.
$337
per Sq. Ft.

Description

Ideal investment opportunity! Recently remodeled multi-family duplex in prime location. Each unit offers 3 bedrooms, 2.5 bathrooms & 1,558 sq ft. Upgrades include new kitchens, baths, cabinetry, countertops, lighting, appliances & luxury vinyl plank flooring. Fully fenced & landscaped yards, decks, newer roof, 2-car garage + 2 parking spaces per unit, washer/dryer in each. Huge upside potential Duplex next door is also for sale (MLS #2447334) — buy one or both!Ideal investment opportunity! Recently remodeled multi-family duplex in prime location. Each unit offers 3 bedrooms, 2.5 bathrooms & 1,558 sq ft. Upgrades include new kitchens, baths, cabinetry, countertops, lighting, appliances & luxury vinyl plank flooring. Fully fenced & landscaped yards, decks, newer roof, 2-car garage + 2 parking spaces per unit, washer/dryer in each. Huge upside potential Duplex next door is also for sale (MLS #2447334) — buy one or both!
  1. Listed by Michelle Lions • Lions Realty Group
  2. Listed by Robert Carroll • Lions Realty Group

Property Details for 12303 Alexander Road

Community Name
South Everett
School District
Mukilteo
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
10-22-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 10/24/2025 11:27 PM

Property Details for 12303 Alexander Road

StatusActive
MLS #2447332
Days on Market59
Cumulative Days on Market59
Taxes$7,335 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1994
Lot Size0.36 AC / 15,682 SF
CountySnohomish County

Location

Listing Courtesy of Lions Realty Group
Add your commute

Building Information for 12303 Alexander Road

Stories2Residences2Year Built1994Building Size-Lot Size0.36 AC / 15,682 SF

Payment Calculator

$5,800 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,188

Property Taxes

$611

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12303 Alexander Road

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Fully, High Speed Internet
  • Area: 740 - Everett/Mukilteo
  • Effective Year Built Source: Public Records
  • Directions: From 405 or I5 take 525 N, go right on Russell Way then turns into Alexander Rd, to Duplex on right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Vinyl Plank, Carpet
  • Amenities: Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: Fully Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Snohomish PUD
  • Sewer Company: Alderwood Water
  • Water Company: Alderwood Water
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: SCTR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1994
  • Photos Count: 19
Lot Information
  • Lot Details: Dead End Street, Paved
  • Lot Size Source: SCTR
  • Parcel Number Free Text: 00538000002303
  • Calculated Square Footage: 3116
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3116.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9435
  • Gross Adjusted Income: 49221
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $58,656
  • Insurance Expense: $2,100
  • Net Operating Income: $49,221
  • Other Expenses: $0
  • Total Monthly Income: 4888
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1558
  • Rent Unit 1: $2,388.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 3
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1558
  • Rent Unit 2: $2,500.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 3
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3116.0

Property History for 12303 Alexander Road

DateEvent & SourcePriceAppreciation
Oct 22, 2025

Listed (Active)

NWMLS #2447332

$1,050,000
DateEvent & SourcePrice
10/22/2025

Listed (Active)

NWMLS #2447332

$1,050,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12303 Alexander Road

Taxable ValueLand$341,000Additions$448,300Total$789,300
Tax Record2025$7,335 ($611 / month)
Home Facts
Baths5Total Finished SqFt3,116 SqFtAbove Ground SqFt3,116 SqFtStories2Lot Size15,682 SqFtStyleDuplexYear Built1994ZoningSSCountySNOHOMISHAPN00538000002303

Schools near 12303 Alexander Road

This home is within Mukilteo School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fairmount Elementary School
PublicK to 5

Olympic View Middle School
Public6 to 8

Mariner High School
Public9 to 12

Aces High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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12303 Alexander Road is a multi-family home for sale in Everett, WA 98204. This property was listed for sale on October 22, 2025 by Lions Realty Group, it's currently listed at $1,050,000. This listing's school district is Mukilteo School District. Nearby schools include Fairmount Elementary School, Olympic View Middle School and Mariner High School. 12303 Alexander Road is a 6-bed, 5-bath, 3,116 sqft multi-family home built in 1994.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lions Realty Group

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/20/2025 01:07 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.