3718 Wetmore Avenue, Everett, WA 98201

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by:dan gunderson
Office:windermere real estate m2 llc.
MLS#:2388279
Source:NWMLS
3718 Wetmore Avenue,Everett, WA 98201
$1,199,950
  • - Beds
  • - Baths
  • 4,100 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,199,950
  • Price per sq. ft.:$292.67

About this home

Rare opportunity in a great location! Two structures on one 9500 square foot lot. The single family home was the original structure and was built in 1910. The four-plex was built in 1988 on the south side of the parcel. Alley access with 8 parking spaces. Currently, the property is dramatically under-capitalized. Some clean-up and updating could lead to positive cash flow once fully rented. The financial information provided is mostly hypothetical, but based on conservative market expectations. This is a fantastic "sweat equity" opportunity. Rent all five units or live in the house and have rental income from the 4-plex. It may be permissible to separate the two buildings...buyer to verify to their own satisfaction. Coin operated laundry.

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Home facts

  • Year built:1910
  • Listing ID #:2388279
  • Updated:September 25, 2025 at 01:43 PM

Rooms and interior

  • Living area:4,100 sq. ft.

Heating and cooling

  • Heating:Baseboard, Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:1910
  • Building area:4,100 sq. ft.
  • Lot area:0.22 Acres

Schools

  • High school:Everett High
  • Middle school:North Mid
  • Elementary school:Jackson Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,199,950
  • Price per sq. ft.:$292.67
  • Tax amount:$9,103 (2024)
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