2315 Grand Avenue, Everett, WA 98201

$720,000
2,080
SqFt

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Listing courtesy of Daily Realty Group LLC. Selling Office: Keller Williams Realty Bothell.

Sold Price
$720,000
List Price
$725,000
Status
SOLD
MLS#
2451467
Closing Date
Dec 16, 2025
Days on Market
5
Style
53 - Tri-plex
Building Condition
Average
Finished SqFt
2,080
Area Total SqFt
2080
Annual Tax Ammount
4459
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

View! View! View! Sweeping Puget Sound and Olympic Mountain views from each unit in this classic 1905 Grand Avenue Tri-Plex. Two units recently refreshed with new flooring and paint. Detached garage offers storage and carport parking for two. Shared laundry could add income with coin-op setup. Incredible investment potential with opportunity to build up to six 1,000 sq ft ADUs (buyer to verify with City). Located in the Rucker-Grand Historic Overlay—preserve the charm, capture the upside! Near Grand Ave Pedestrian Bridge to waterfront dining, market & entertainment. Easy access to hospitals, Navy Base, and Everett Community College.

Additional Information

List Date
2025-12-11 00:00:00
Community
Historic N Everett
Net Operating Income
$47,516
Gross Adjusted Income
$55,953
Gross Scheduled Income
$55,740
Total Monthly Income
$4,845
Insurance Expenses
$2,181
Water/Sewer/Garbage Expenses
$1,053
Gross Rent Multiplier
13
Total Expenses
$8,467
Cap Rate
6.55
Vacancy Rate
5
Total Number of Units
3
Unit Name
2315
Potential Terms
Cash Out, Conventional
Year Built
1905
View
Bay, Jetty, Mountain(s), Ocean, See Remarks, Sound, Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet, Outbuildings, Patio
Electric Expenses
774
Energy Source
Electric
School District
Everett
Elementary School
Whittier Elem
Middle School
North Mid
High School
Everett High
Total Monthly Income
$4,845
Gross Scheduled Income
$55,740
Vacancy Rate
5
Gross Adjusted Income
$55,953
Tax Year
2025
Insurance Expense
$2,181
W/S/G Expenses
$1,053
Total Expenses
$8,467
Net Operating Income
$47,516
Gross Rent Multiplier
13
Cap Rate
6.55
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.
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