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Most Current Multi Family Listings

$700,000
2514128 MLS SOLD Status
Well-maintained Triplex in the heart of Historic North Everett with Sound and Mountain views. Blending timeless charm with strong income potential. This 3-story property with basement storage offers 3,310 total sq ft, including 2,350 sq ft of finished living space across three units. The large basement is nearly 1,000' currently used for laundry and storage, lots of potential for your ideas, a possible 4th unit? Buyer to verify. Classic architectural details shine with a welcoming wrap-around porch, while the fully fenced backyard features a spacious deck and nice garden—perfect for tenants to enjoy outdoor living. The property includes a versatile studio with Murphy bed, a comfortable 1-bedroom unit, and a generously sized 3-bedroom unit with the attic space that functions beautifully as the 3rd bedroom with a 2nd bathroom. Four off-street parking spaces add convenience and value. Ideally located just minutes from the Everett Marina, Downtown Everett dining, stores, shopping, medical facilities, and major employers including Boeing, Everett Community College, and Naval Station. Easy freeway access makes this a highly desirable rental location. A rare opportunity for investors or owner-occupants seeking flexibility, location, and long-term upside. Upzoned to UR4. Investor Portfolio Sale! Additional properties currently listed at 1931 McDougall Ave, Everett 98201 and 7945 9th Ave SW, Seattle WA 98106.

1413 23rd Street, Everett

Listing courtesy of RE/MAX Elite. Selling Office: Real Broker LLC.

$799,950
2491351 MLS SOLD Status
Rare opportunity to own a duplex w/ oversized 11,326 sqft lot in Everett’s Historic District now with UR4 zoning, allowing for future development potential (New UR4 Urban Residential allowing up to 4 stories - buyer to verify). Located on a quiet dead-end street just minutes from Everett Community College, Providence Hospital, downtown Everett, and major transit routes, this property combines strong rental history and long-term development upside. The existing duplex includes a 3 bed, 2 bath unit on the main level with hardwood floors, gas fireplace and an updated kitchen - blending historic charm with desired modern updates w/o losing that classic 1920’s architecture. The 2 bed, 1 bath upper unit features updated interiors, all tile bath, ample storage and a great view. The property is entirely fenced and equipped with a one-of-a-kind 18-foot powered steel swing gate, delivering added security and protected parking for multiple vehicles, boats, and RVs. The fully equipped 700' sqft detached garage/shop - featuring heat, power, and a metal roof - sparks ideas for countless possibilities. Both units are in move-in condition, offering immediate rental income potential while planning future improvements or redevelopment (buyer to verify). Easy access to downtown, shopping, restaurants, and schools. A unique opportunity for investors, builders, or owner-occupants looking to secure land with upside.

1022 Oakes Avenue, Everett

Listing courtesy of John L. Scott Everett. Selling Office: Windermere Real Estate/M2, LLC.

$830,000
2497791 MLS SOLD Status
For 30 years, this property quietly worked in the background producing consistent income, building equity, and never once being offered to the public. Today, it finally steps into the spotlight. Welcome to a fully reimagined Everett duplex, brought back to life and released to the market for the first time ever. What was once a long-term rental has been completely transformed with intention. Every surface has been updated with new paint inside and out, all new windows bringing in natural light, modern kitchens with quartz countertops and new cabinetry, new flooring, doors, garage doors, hot water heaters, and brand new Trex decks. Since the renovation, no one has lived here. It feels clean, fresh, and ready. The layout gives you options right away. One unit offers 2 bedrooms and 2 bathrooms, while the other features 2 bedrooms and 1 bathroom, each with its own private garage. Live in one and let the other help cover your mortgage, or rent both and create a strong, turnkey investment from day one. Sitting on a large lot just minutes from Paine Field, shopping, and dining, the location makes sense both today and long term. This is a property with a proven past that has been completely reset for what comes next. Opportunities like this do not come around often. Come walk it in person and you will understand exactly why.

9121 5th Place W Unit #A & B, Everett

Listing courtesy of CENTURY 21 North Homes Realty. Selling Office: CENTURY 21 Real Estate Center.

$2,300,000
2479732 MLS ACTIVE Status
PRICE ADJUSTMENT -EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,300,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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