Listing Courtesy of: Kidder Mathews
Listing Agent: Daniel Swanson
425-444-6501; dan.swanson@kidder.com
Very walkable North Everett location just blocks from downtown’s commercial core and approximately a mile from the Port of Everett’s recently upgraded Waterfront Place. Modern 1986 construction. Desirable unit features including full size washer/dryers, dishwashers, and breakfast bars. 12 off-alley parking spaces. Predictable City of Everett governance. Recent improvements include new roofs (2022), new hot water heaters (2023), updated electrical panels, updated siding and dual-pane vinyl windows, and plumbing upgrades in 6 units. Convenient access to parks, restaurants, and grocery options. Likely income upside potential, as current rents are below market.
Listing Courtesy of: Kidder Mathews
Listing Agent: Daniel Swanson
425-444-6501; dan.swanson@kidder.com
| MLS #: | 2591965 |
|---|---|
| List Price: | $1,590,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Multi Family |
| Status: | Active |
| Living Area: | 4,752 |
| Association Fee: | $0 |
| Tax Annual Amount: | $9,698 |
| Lot Size Square Feet: | 7,841 |
| Lot Size Acres: | 0.18 |
| City: | Everett |
| County Or Parish: | Snohomish |
| Subdivision Name: | North Everett |
| Postal Code: | 98204 |
| Year Built: | 1986 |
| Number Of Units Total: | 8 |
| Basement: | false |
| Building Area Total: | 4,752 |
| Building Area Units: | Square Feet |
| Covered Spaces: | 0 |
| Directions: | Property is on Colby Ave between 22nd St and 23rd St. |
| Elementary School: | Whittier Elem |
| Elevation Units: | Feet |
| Exterior Features: | Cement Planked |
| Fireplaces Total: | 0 |
| Green Energy Efficient: | Thermal Windows |
| Gross Scheduled Income: | $106,200 |
| Heating?: | Yes |
| High School: | Everett High |
| High School District: | Everett |
| Insurance Expense: | $4,113 |
| Leasable Area: | 4,752 |
| Listing Terms: | Cash, Conventional |
| Lot Features: | Alley, Curbs, Paved, Sidewalk |
| Lot Size Units: | Square Feet |
| Main Level Bathrooms: | 0 |
| Middle Or Junior School: | North Mid |
| MLS Area Major: | 740 - Everett/Mukilteo |
| Net Operating Income: | $70,746 |
| Amenities: | Thermal Windows |
| Calculated Square Footage: | 4,752 |
| Energy Source: | Electric |
| Gross Adjusted Income: | 106200 |
| Gross Rent Multiplier: | 15 |
| Leased Items: | None |
| MLSLot Size Source: | County Records |
| MLSSquare Footage Source: | County Records |
| Offers: | Seller intends to review offers upon receipt |
| Parking Uncovered Total: | 12 |
| Preliminary Title Ordered: | Yes |
| Seller Disclosure: | Not Provided |
| Style Code: | 55 - 5-9 Units |
| Total Expenses: | 35453 |
| Total Monthly Income: | 8850 |
| Units Below Grade: | false |
| Units In Building Total: | 8 |
| Vacancy Rate: | 0 |
| Water Sewer Garbage: | 9667 |
| Original List Price: | $1,590,000 |
| Other Expense: | $11,975 |
| Parcel Number: | 00439148002800 |
| Parking Total: | 12 |
| Possession: | Closing, Subject To Tenant Rights |
| Power Production Type: | Electric |
| Roof: | Composition |
| Sewer: | Sewer Connected |
| Special Listing Conditions: | None |
| State Or Province: | WA |
| Stories Total: | 2 |
| Structure Type: | Multi Family |
| Tax Year: | 2026 |
| Water Source: | Public |
| Cooling: | None |
| Heating: | Forced Air |
| Status: | Active |
| Additional Parcels Description: | 00439148002700 |
| Construction Materials: | Cement Plank |
| Common Interest Community Yn: | false |
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Northwest Multiple Listing Service data last updated on October 08, 2026 02:58 PM - PT
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Property Last Updated: October 08, 2026 02:58 PM - PT











