2519 Baker Ave Everett, WA 98201
Riverside NeighborhoodEstimated payment $6,927/month
Highlights
- Mountain View
- No HOA
- Vinyl Plank Flooring
- Deck
- Patio
- Baseboard Heating
About This Home
Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2547331
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,348
Year Built
- Built in 1910
Lot Details
- 6,098 Sq Ft Lot
- Street terminates at a dead end
- Partially Fenced Property
- Property is in good condition
Property Views
- Mountain
- Territorial
Home Design
- Pillar, Post or Pier Foundation
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 3,350 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Outdoor Features
- Deck
- Patio
Utilities
- Baseboard Heating
- Cable TV Available
Community Details
- No Home Owners Association
- Riverside Subdivision
Listing and Financial Details
- Assessor Parcel Number 00437857100900
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 | $7,348 | $855,500 | $337,200 | $518,300 |
| 2025 | $7,060 | $830,500 | $331,400 | $499,100 |
| 2024 | $7,060 | $822,035 | $325,700 | $496,335 |
| 2023 | $4,943 | $602,000 | $302,000 | $300,000 |
| 2022 | $4,669 | $510,000 | $218,400 | $291,600 |
| 2020 | $5,164 | $460,000 | $182,600 | $277,400 |
| 2019 | $4,573 | $410,000 | $176,900 | $233,100 |
| 2018 | $4,381 | $360,000 | $129,700 | $230,300 |
| 2017 | $3,910 | $320,000 | $118,000 | $202,000 |
| 2016 | $3,603 | $310,000 | $112,400 | $197,600 |
| 2015 | $1,820 | $295,000 | $106,900 | $188,100 |
| 2013 | $3,496 | $250,000 | $106,900 | $143,100 |
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 | $1,150,000 | +259.4% | $343 / Sq Ft | |
| 02/25/2015 02/25/15 | Sold | $320,000 | -10.9% | $106 / Sq Ft | View Prior Sale |
| 02/02/2015 02/02/15 | Pending | -- | -- | -- | |
| 08/19/2014 08/19/14 | For Sale | $359,000 | -- | $119 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,775,500 | First American Title | |
| Warranty Deed | $308,500 | Fidelity National Title | |
| Warranty Deed | $320,000 | Fidelity National Title | |
| Warranty Deed | $285,000 | Chicago Title | |
| Warranty Deed | $257,500 | First American | |
| Warranty Deed | $206,000 | Fidelity National Title |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,331,625 | Commercial | |
| Closed | $1,331,625 | Commercial | |
| Previous Owner | $302,911 | FHA | |
| Previous Owner | $173,400 | Purchase Money Mortgage | |
| Previous Owner | $220,000 | Purchase Money Mortgage |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2547331
APN: 004378-571-009-00
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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
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