Everett Homes with 56 - 10+ Units Style

Everett Homes with 56 - 10+ Units Style

Welcome to Everett, Washington – a vibrant city nestled in the heart of Snohomish County, just north of Seattle. With its stunning waterfront views, diverse neighborhoods, and rich cultural heritage, Everett is an ideal place for those seeking a dynamic community to call home. Known for its thriving economy, Everett is home to major employers, including aerospace giants and a bustling port, making it a hub for job seekers and entrepreneurs alike.

For those interested in investing in multifamily properties, Everett boasts an impressive selection of homes with 56 to 10+ units. These properties offer a unique opportunity for investors looking to capitalize on the growing demand for rental housing in this flourishing area. The multifamily housing market in Everett is characterized by a mix of classic charm and modern amenities, catering to a diverse range of tenants, from young professionals to families.

Living in Everett means enjoying a lifestyle rich in recreational activities. Residents can explore the scenic waterfront, participate in outdoor sports, or take a leisurely stroll through the city's many parks. With a vibrant arts scene, numerous dining options, and easy access to the breathtaking natural beauty of the Pacific Northwest, Everett truly offers something for everyone.

Whether you are looking to invest in multifamily properties or simply want to explore the charm of Everett, this city is a fantastic place to put down roots. Embrace the opportunity to be part of a community that is growing, thriving, and full of potential. Come discover your next investment in Everett today!

Newest Everett Homes with 56 - 10+ Units Style

$2,300,000
2479732 MLS ACTIVE Status
PRICE ADJUSTMENT -EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,300,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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