Listed by Real Property Associates
$1,295,000
ACTIVE - UNDER CONTRACT

1418 Chestnut St Unit 1-6 Everett, WA 98201

Delta Neighborhood

Estimated payment $7,520/month

Total Views 1,487
6 Beds
6 Baths
3,064 Sq Ft
$423 Price per Sq Ft

Highlights

  • Mountain View
  • No HOA
  • Vinyl Plank Flooring
  • Deck
  • Open Space
  • Baseboard Heating

About This Home

This well-maintained multifamily investment opportunity is located just north of downtown Everett. Built in 1985 & each unit has been recently renovated, the property has 6 - 1BD units, each averaging 510SF w/ upper units having views of the Cascade Mountains. The property provides stable in-place income w/ 12-month leases & long-term tenants. All rents are close to market value & rent increases each year. Units have been renovated with high-end finishes, including LVP flooring, granite or quartz countertops, interior & exterior paint, & appliances. All units have newer cabinets. Exterior was painted in 2022, main water line replaced 2020. Pictures are of 2 units to show finishes. Pre-inspection complete and can be provided upon request.

Listing Agent

Heidi Bardue

Real Property Associates License #2699 Listed on: 08/15/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2421835

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,173

Year Built

  • Built in 1985

Lot Details

  • 7,200 Sq Ft Lot
  • Open Space
  • Property is Fully Fenced
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,064 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everett Div O Plat Condos
  • North Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 & S 1/2 lot 23 / 260
  • Assessor Parcel Number 00438326002200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,173

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1985
  • MLS Status: Contingent
  • Prev Status: ActiveUnderContract
  • Building Name: Everett Div O Plat
  • New Construction: No
  • CalculatedSquareFootage: 3064
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: UnderContract

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Open Space, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City Of Everett
  • WaterCompany: City Of Everett
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 4673.03

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Not Applicable
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Everett
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00438326002200
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully
  • MLSLotSizeSource: SCR
  • MLSSquareFootageSource: SCR
  • ZoningJurisdiction: City
  • LotNumber: 22 & S 1/2 lot 23

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.4
  • LeasedItems: None
  • TotalMonthlyIncome: 8050

Multi Family

  • Gross Scheduled Income: 96600
  • Net Operating Income: 80215
  • Number Of Units Total: 6
  • Electric Expense: 600
  • Insurance Expense: 2938.44
  • Leasable Area: 3064
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8173

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $1,295,000 +125.2% $423 / Sq Ft
08/25/2015 08/25/15 Sold $575,000 0.0% $174 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $575,000 -- $174 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2421835

Northwest Multiple Listing Service (NWMLS)
Washington Snohomish County Everett 98201 Delta

1418 Chestnut St Unit 1-6, Everett, WA

This home is located at 1418 Chestnut St Unit 1-6, Everett, WA 98201 and is currently priced at $1,295,000, approximately $422 per square foot. This property was built in 1985. 1418 Chestnut St Unit 1-6 is a home located in Snohomish County with nearby schools including Hawthorne Elementary School, North Middle School, and Everett High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes
Listing Agent
Heidi Bardue
Section Image
Real Property Associates
(425) 409-5854