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2232 Hoyt Avenue, Everett, WA 98201

Everett
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: grant fosheim
Office: opal blue real estate, llc.
MLS#:2547568
Source:NWMLS
2232 Hoyt Avenue,Everett, WA 98201
$1,195,000
  • - Beds
  • - Baths
  • 3,070 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,195,000
  • Price per sq. ft.:$389.25

About this home

Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is...

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Home facts

  • Year built:1905
  • Listing ID #:2547568
  • Updated:July 02, 2026 at 08:43 PM

Rooms and interior

  • Flooring:Vinyl Plank
  • Living area:3,070 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition, Flat Roof
  • Year built:1905
  • Building area:3,070 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Corner, Sidewalk
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Fenced-Partially

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,195,000
  • Price per sq. ft.:$389.25
  • Tax amount:$6,003 (2026)

Parking

  • Total parking spaces:4
  • Garage:Yes
  • Garage spaces:2
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 3, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Vicki Monteagudo

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