$1,350,000
3116 18th Street, Everett, WA 98201
3,400 Sq Ft
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MLS #2529127 / Listing provided by NWMLS & COMPASS.

$1,350,000

3116 18th Street
Everett, WA 98201

Active 17 hours ago
3,400
Sq Ft
$397
Per Sq Ft
1979
Year Built

Everett 4 Unit: 6.89% cap rate. One unit vacant, making this ideal for an owner-occupier to live in one unit while the remaining three cover the mortgage. Long-term tenants in place providing stability and reliable cash flow. All units are 2BD/1BA at 850 SF each (3,400 NRA) on a 6,098 SF lot. Infrastructure highlights include a 4-year-old roof, copper and ABS plumbing, and GE electrical panels, minimizing near-term cap-ex and providing peace of mind for the incoming investor. Units feature forced air heating, on-site laundry, and two units have back patios. 10 parking spaces (2.5/unit) adds convenience and tenant retention value. Upside available through strategic market rent adjustments as the surrounding Everett market continues to grow — making this an ideal core hold for any investor seeking steady income with long-term appreciation potential.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0
  • Possible Bedrooms: 8

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 10
  • Total Uncovered Parking Spaces: 10

Structure

  • Roof: Composition
  • Exterior Features: Wood Products
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Corner Lot
  • Acres: 0.14
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Everett

Lot Details

  • Lot Features: Corner Lot
  • Acres: 0.14
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water Source: Public
  • Water, Sewer, and Garbage: 7248
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Amy Flippo

Amy Flippo
Broker | REALTOR®

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