3116 18th Street, Everett, WA 98201

Everett
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: erich bubbel
Office: compass
MLS#:2529127
Source:NWMLS
3116 18th Street,Everett, WA 98201
$1,250,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,400 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$367.65

About this home

Everett 4 Unit: 6.37% 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 NRSF) 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
  • Subdivision & Development:Everett
  • Listing ID #:2529127
  • Updated:August 06, 2026 at 11:12 AM

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:$1,250,000
  • Price per sq. ft.:$367.65
  • Tax amount:$7,468 (2026)

Parking

  • Total parking spaces:10
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