Listed by John L. Scott Everett
$959,995
PENDING

Estimated payment $5,803/month

Total Views 7,331
5 Beds
4 Baths
2,417 Sq Ft
$397 Price per Sq Ft

Highlights

  • Territorial View
  • Thermal Windows
  • Property is near a preserve or public land
  • No HOA
  • Ceramic Tile Flooring
  • High Speed Internet

About This Home

Incredible Multifamily Investment Opportunity – Prime Location with Premium Finishes & 0% Vacancy. This exceptional multifamily property presents a rare opportunity for investors and first time home buyers seeking a high-quality asset with significant rental income and value add potential. Set in one of Everett most prudent locations, pre-inspected with a perfect blend of top-of-the-line finishes, modern amenities and potential upside, this property promises an excellent cash flowing return on investment and long-term value appreciation.

Listing Agent

Jake Robinett

John L. Scott Everett License #128031 Listed on: 03/18/2025

John L. Scott Everett

Co-Listing Agent

CHAMP BARNEY

John L. Scott Everett License #21019099

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2345513

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,279

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,417 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Garfield Elementary School
  • Everett High School

Utilities

  • High Speed Internet

Community Details

  • No Home Owners Association
  • Altamont Addition Condos
  • Everett Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Legal Lot and Block 23 / 462
  • Assessor Parcel Number 00377346202300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,279

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1910
  • MLS Status: Pending Inspection
  • Prev Status: Pending
  • Building Name: Altamont Addition
  • New Construction: No
  • CalculatedSquareFootage: 2417
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thank you for showing!
  • Special Features: None
  • Cumulative Days on Market: 89

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Vinyl Plank
  • Interior Amenities: Ceramic Tile, Concrete
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Adjacent to Public Land, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Snohomish PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 3300

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 00377346202300
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City
  • LotNumber: 23

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.7
  • LeasedItems: None
  • TotalMonthlyIncome: 7085

Multi Family

  • Gross Scheduled Income: 75480
  • Net Operating Income: 64656
  • Number Of Units Total: 4
  • Electric Expense: 300
  • Insurance Expense: 1944
  • Leasable Area: 2417
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5278.98

MLS Schools

  • Elementary School: Garfield Elem

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

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 $5,163 $607,000 $253,900 $353,100
2024 $5,163 $601,160 $249,200 $351,960
2023 $4,323 $526,500 $223,000 $303,500
2022 $4,083 $446,000 $165,500 $280,500
2020 $4,288 $382,000 $137,600 $244,400
2019 $3,881 $348,000 $132,800 $215,200
2018 $3,699 $304,000 $108,800 $195,200
2017 $3,323 $272,000 $99,100 $172,900
2016 $2,778 $239,000 $93,300 $145,700
2015 $2,813 $228,000 $88,400 $139,600
2013 $2,880 $206,000 $88,400 $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Pending -- -- --
05/01/2025 05/01/25 Price Changed $959,995 0.0% $397 / Sq Ft
03/18/2025 03/18/25 For Sale $960,000 +143.0% $397 / Sq Ft
07/15/2020 07/15/20 Sold $395,000 0.0% $163 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/01/2020 05/01/20 Price Changed $395,000 -7.1% $163 / Sq Ft
04/30/2020 04/30/20 For Sale $425,000 0.0% $176 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $425,000 -- $176 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Administrators Deed $395,000 Cw Title
Warranty Deed $304,800 Multiple
Warranty Deed $156,000 --
Warranty Deed $142,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Closed $387,845 FHA
Closed $28,000 Credit Line Revolving
Closed $37,500 Unknown
Closed $300,000 Balloon
Closed $288,000 Fannie Mae Freddie Mac
Closed $243,840 Unknown
Previous Owner $134,000 No Value Available
Closed $60,960 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2345513

Northwest Multiple Listing Service (NWMLS)

APN: 003773-462-023-00