3116 18th Street, Everett, WA 98201
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: erich bubbel
Office: compass
MLS#:2529127
Source:NWMLS
Price summary
- Price:$1,298,000
- Price per sq. ft.:$381.76
About this home
Everett 4 Unit: 6.35% 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.
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Home facts
- Year built:1979
- Listing ID #:2529127
- Updated:July 29, 2026 at 01:43 PM
Rooms and interior
- Flooring:Laminate
- Living area:3,400 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:3,400 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Corner
- Construction Materials:Wood Products Exterior Finish
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,298,000
- Price per sq. ft.:$381.76
- Tax amount:$7,468 (2026)
Parking
- Total parking spaces:10
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