8312 11th Drive W, Everett, WA 98204
- $950,000
Listing courtesy of Congress Realty. Selling Office: MY REALTY GROUP LLC.
- Sold Price
- $950,000
- List Price
- $950,000
- Status
- SOLD
- MLS#
- 2438886
- Closing Date
- Nov 17, 2025
- Days on Market
- 2
- Style
- 54 - 4-Plex
- Annual Tax Ammount
- 6819.05
- Lot Size (sq ft)
- 10,454
- Sewer
- Sewer Connected
Property Description
Turnkey 4-Plex in Everett – Strong Cash Flow & Growth Well-maintained 4-unit multifamily in Everett, just minutes from Paine Field, Boeing & I-5. Each spacious unit has consistent rental history with room for upside. Tenants enjoy ample parking, a low-maintenance exterior, and a central location near jobs, schools & transit. With stable income in place and market rent growth potential, this property offers immediate returns plus long-term appreciation. An ideal addition for investors seeking reliable cash flow in a high-demand area. Seller wiling to complete further improvements prior to closing as long as the offer price makes sense.
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Additional Information
- List Date
- 2025-11-15 00:00:00
- Community
- Everett
- Net Operating Income
- $58,275
- Gross Adjusted Income
- $70,110
- Gross Scheduled Income
- $73,800
- Insurance Expenses
- $4,334
- Water/Sewer/Garbage Expenses
- $3,968
- Gross Rent Multiplier
- 13
- Total Expenses
- $20,108
- Cap Rate
- 6.1
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 8312
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1978
- Roof
- Composition
- Electric Expenses
- 871
- Other Expenses
- 4114
- Energy Source
- Electric
- School District
- Mukilteo
- Gross Scheduled Income
- $73,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $70,110
- Tax Year
- 2025
- Insurance Expense
- $4,334
- W/S/G Expenses
- $3,968
- Total Expenses
- $20,108
- Net Operating Income
- $58,275
- Gross Rent Multiplier
- 13
- Cap Rate
- 6.1
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.