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Deanne Minkoff

broker@deanneminkoff.com +1(360) 219-5857

Listed by:COMPASS • Erich Bubbel

$ 1,350,000

Est. payment | -/mo

8 Beds

4 Baths

3,400 SqFt

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$ 1,350,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

3,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $397

Subdivision Everett

MLS Listing ID 2529127

Style 54 - 4-Plex

Bedrooms 8

Year Built 1979

Annual Tax Amount $7,468

Lot Size 6,098 Sqft

Lot Dimensions 6098

Property Sub-Type Multi Family

Property Description

Everett 4 Unit: 6.89% cap rate. One unit vacant, making this ideal for an owner-occupier to live in one unit while the remaining three cover the mortgage. Long-term tenants in place providing stability and reliable cash flow. All units are 2BD/1BA at 850 SF each (3,400 NRA) on a 6,098 SF lot. Infrastructure highlights include a 4-year-old roof, copper and ABS plumbing, and GE electrical panels, minimizing near-term cap-ex and providing peace of mind for the incoming investor. Units feature forced air heating, on-site laundry, and two units have back patios. 10 parking spaces (2.5/unit) adds convenience and tenant retention value. Upside available through strategic market rent adjustments as the surrounding Everett market continues to grow — making this an ideal core hold for any investor seeking steady income with long-term appreciation potential.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Laminate, See Remarks

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N Yes

View Mountains

Roof Type Composition

Building

Lot Description Corner Lot

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Everett

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(360) 219-5857

broker@deanneminkoff.com

NE 77th Ave, Suite #275, Vancouver, WA, 98662, USA

3116 18th ST Everett, WA 98201

Deanne Minkoff

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3116 18th ST