The property at 1232 129th St SE in Everett, WA, shows moderate flip potential due to its location in the desirable Silver Lake neighborhood, where median listing prices are around $895K. However, the property is two bedrooms with 1,296 sqft, which may limit its appeal compared to larger homes in the area. Current estimates suggest a value of approximately $698K, which positions it as a competitive option if improvements are made.

Consider minor renovations to enhance curb appeal and modernize interior spaces, as this could significantly increase its attractiveness to buyers. Focus on kitchen and bathroom upgrades, given they typically yield the best ROI. Given the neighborhood’s popularity, a well-executed flip could yield good returns, but be cautious of over-investing beyond the market’s demand.