2232 Hoyt Ave Everett, WA 98201
Bayside NeighborhoodEstimated payment $6,954/month
Highlights
- Ocean View
- Corner Lot
- Vinyl Plank Flooring
- Whittier Elementary School Rated A
- No HOA
- 5-minute walk to Bayside Park
About This Home
Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2547568
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,003
Year Built
- Built in 1905
Lot Details
- 6,098 Sq Ft Lot
- Partially Fenced Property
- Corner Lot
- Property is in good condition
Parking
- 2 Car Garage
Property Views
- Ocean
- Bay
- Jetty Views
- City
- Territorial
Home Design
- Flat Roof Shape
- Block Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 3,070 Sq Ft Home
- 3-Story Property
- Vinyl Plank Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Additional Features
- Outbuilding
- Forced Air Heating System
Community Details
- No Home Owners Association
- Downtown Subdivision
Listing and Financial Details
- Assessor Parcel Number 00439148101702
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,063 | $699,000 | $297,000 | $402,000 |
| 2025 | $5,797 | $695,500 | $297,000 | $398,500 |
| 2024 | $5,797 | $675,000 | $292,000 | $383,000 |
| 2023 | $5,231 | $637,000 | $287,000 | $350,000 |
| 2022 | $4,944 | $540,000 | $210,000 | $330,000 |
| 2020 | $5,444 | $485,000 | $174,000 | $311,000 |
| 2019 | $5,131 | $460,000 | $169,000 | $291,000 |
| 2018 | $5,050 | $415,000 | $169,800 | $245,200 |
| 2017 | $4,398 | $360,000 | $154,400 | $205,600 |
| 2016 | $3,661 | $315,000 | $147,000 | $168,000 |
| 2015 | $3,517 | $285,000 | $140,000 | $145,000 |
| 2013 | $3,496 | $250,000 | $140,000 | $110,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/29/2026 06/29/26 | For Sale | $1,195,000 | +273.4% | $389 / Sq Ft | |
| 06/23/2014 06/23/14 | Sold | $320,000 | -5.9% | $103 / Sq Ft | View Prior Sale |
| 05/27/2014 05/27/14 | Pending | -- | -- | -- | |
| 04/23/2014 04/23/14 | For Sale | $339,950 | -- | $109 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2547568
APN: 00439148101702
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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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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Ask me questions while you tour the home.