Is Your Rental Property Still Pulling Its Weight?
If you’ve owned your duplex, triplex, or fourplex for a while, chances are you’ve built solid equity. But with rising costs, the threat of rent control, and shifting buyer demand, is the return still worth the work?
For many small multifamily owners in Snohomish, King, and Skagit Counties, 2025 might be a smart time to reassess. Buyers have adjusted to today’s interest rates, and data shows that well-presented properties are still moving.
What I’m Seeing in the Market
Owner-Occupants Are Back
Recent lending changes now allow buyers to put as little as 5% down on 2–4 unit properties if they’ll live in one unit. That’s brought in a wave of motivated buyers, many offering waived inspections, flexible terms, and quicker closes.
Everett Duplex — Sold $70K Over Asking
I recently marketed a duplex to both investors and owner-occupants. We left one unit vacant and staged it to feel like a home. The result? 10+ offers and a final sale price $70,000 over asking. Why? Owner-occupants value these properties differently and I know how to reach both buyer types effectively.
Inventory Is Tight
If your property is well-maintained and reasonably located, it could draw significant interest, especially if there’s a vacancy or one coming up. That’s when both investors and owner-occupants are actively looking.
Curious What Yours Might Be Worth?
If you’re considering selling, or just want a clear, realistic view of what your property could fetch today, I’m happy to give you straight answers. No pressure. No fluff. Just numbers that make sense. Let’s chat!
