4407 Hoyt Avenue Unit #ABCD, Everett, WA 98203
- $1,445,000
- 4,267
- SqFt
Listing courtesy of eXp Realty. Selling Office: eXp Realty.
- Sold Price
- $1,445,000
- List Price
- $1,450,000
- Status
- SOLD
- MLS#
- 2492357
- Closing Date
- Apr 15, 2026
- Days on Market
- 1
- Style
- 54 - 4-Plex
- Finished SqFt
- 4,267
- Area Total SqFt
- 4267
- Annual Tax Ammount
- 10938
- Lot Size (sq ft)
- 6,970
- Sewer
- Sewer Connected
Property Description
Rare newer-construction 4-plex investment opportunity in a prime Everett location. Built in 2005, this well-maintained multifamily property stands out in a market where most comparable 4-plexes are significantly older. The building shows true pride of ownership and offers a strong rental history with all units fully occupied, making it a solid turnkey investment. Desirable unit mix includes one spacious 3BD/2.5BA unit and three 2BD/1.5BA units, a layout that consistently attracts long-term tenants. Recent improvements in some units include interior paint, carpets, and appliances. Tenants enjoy excellent parking with a 4-car garage plus four additional off-street assigned spaces, a rare feature for small multifamily properties. Convenient Everett location with sidewalks, easy access to I-5, transit, shopping, dining, major employers, and the new YMCA, supporting strong tenant demand. Low-maintenance asset offering immediate cash flow and long-term investment potential. All appliances stay. Buyer to verify all information to their satisfaction.
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Additional Information
- List Date
- 2026-04-14 00:00:00
- Community
- Everett
- Net Operating Income
- $80,018
- Gross Adjusted Income
- $106,655
- Gross Scheduled Income
- $112,268
- Total Monthly Income
- $9,356
- Insurance Expenses
- $3,065
- Water/Sewer/Garbage Expenses
- $4,390
- Gross Rent Multiplier
- 12.9
- Total Expenses
- $26,636
- Cap Rate
- 5.51
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 4407
- Potential Terms
- Cash, Farm Home Loan
- Year Built
- 2005
- View
- Territorial
- Roof
- Composition
- Site Features
- Sprinkler System
- Electric Expenses
- 919
- Other Expenses
- 7322
- Energy Source
- Electric, Natural Gas
- School District
- Everett
- Total Monthly Income
- $9,356
- Gross Scheduled Income
- $112,268
- Vacancy Rate
- 5
- Gross Adjusted Income
- $106,655
- Tax Year
- 2025
- Insurance Expense
- $3,065
- W/S/G Expenses
- $4,390
- Total Expenses
- $26,636
- Net Operating Income
- $80,018
- Gross Rent Multiplier
- 12.9
- Cap Rate
- 5.51
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.