Listed by Real Property Associates, Bought with Keller Williams Realty Bothell
$1,150,000
SOLD OCT 16, 2025

1418 Chestnut St Unit 1-6 Everett, WA 98201

Delta Neighborhood
6 Beds
6 Baths
3,064 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$375 Per Sq Ft

11% Below List Price

Highlights

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

About This Home

As of October 2025

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.

Last Agent to Sell the Property

Heidi Bardue

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

Last Buyer's Agent

Corey Crain

Keller Williams Realty Bothell License #26492

Keller Williams Realty Bothell

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: Sold
  • Prev Status: Closed
  • Building Name: Everett Div O Plat
  • New Construction: No
  • CalculatedSquareFootage: 3064
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

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: Yes
  • Total Parking Spaces: 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

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
  • ZoningJurisdiction: City
  • LotNumber: 22 & S 1/2 lot 23

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8173

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 600
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Value Increase
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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 List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 Sold $1,150,000 -11.2% $375 / Sq Ft
10/01/2025 10/01/25 Pending -- -- --
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 View Prior Sale
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)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2421835

Northwest Multiple Listing Service (NWMLS)