Listed by COMPASS
$4,800,000
$400K PRICE DROP

Estimated payment $27,175/month

Total Views 24,394
12 Beds
9 Baths
19,768 Sq Ft
$243 Price per Sq Ft

Highlights

  • 0.33 Acre Lot
  • Wood Flooring
  • No HOA
  • Whittier Elementary School Rated A
  • Corner Lot
  • Wood Siding

About This Home

Expand your portfolio with this fully leased 17-unit mixed-use asset, positioned at Hewitt & Rucker in downtown Everett. Significant capital improvements completed include new roof, paint, sewer, 8 renovated apartments - this property is ideal for effortless ownership. The unix mix consists of 9 apartments 6 1br & 3 2br with comfortable open floor plans, stylish interiors & LVP flooring. Residents enjoy onsite common laundry, and option to rent one of 6 onsite parking spaces. The street level consists of 9 retail units, 100% leased. The acquisition secures a stabilized asset with potential for future development and appreciation. Zone is Mixed Urban (MU), zoning maps indicate building heights up to 12 to 25 floors (buyer to verify).

Listing Agent

Ben Kaufman

COMPASS License #18974 Listed on: 02/03/2025

COMPASS

Co-Listing Agent

Nicole Allen

COMPASS License #125672

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2327718

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,215

Year Built

  • Built in 1913

Lot Details

  • 0.33 Acre Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 19,768 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00439167001400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,215

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1913
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 19768
  • Special Features: None

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Office, Residential, Retail
  • Total Bedrooms: 12
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Metal
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Brick, Stucco, Wood
  • Exterior Features: Brick, Stucco, Wood
  • Foundation Details: Slab
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 6036

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00439167001400
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Zoning Description: Business,Commercial,Multi-Family,Office,Residential,Retail
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: public record

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.13
  • LeasedItems: None
  • TotalMonthlyIncome: 35952

Tax Info

  • Year: 2025
  • Tax Annual Amount: 25215

Multi Family

  • Number Of Units Total: 16
  • Electric Expense: 6036
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,613 $2,892,500 $769,800 $2,122,700
2024 $24,613 $2,866,000 $696,000 $2,170,000
2023 $19,396 $2,362,000 $624,000 $1,738,000
2022 $20,280 $2,215,000 $575,800 $1,639,200
2020 $24,695 $2,200,000 $560,800 $1,639,200
2019 $22,050 $1,977,000 $560,800 $1,416,200
2018 $22,993 $1,889,500 $576,000 $1,313,500
2017 $22,414 $1,834,500 $576,000 $1,258,500
2016 $20,701 $1,781,000 $547,200 $1,233,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 Price Changed $4,800,000 -7.7% $243 / Sq Ft
02/03/2025 02/03/25 For Sale $5,200,000 -- $263 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,250,000 Fidelity National Title
Warranty Deed $2,025,000 Pnwt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,525,000 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2327718

Northwest Multiple Listing Service (NWMLS)

APN: 004391-670-014-00