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About the Listing 4704 - 107969
Everett 4 Unit: 6.89% 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.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Multi-Family
MLS ®
2529127
Year Built
1979
Total Square Footage
3,400
Lot/Acreage
0.14
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate,See Remarks
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 6098
- Zoning: Multi-Family
- Roof: Composition
- Others: Wood Products,Good
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $7,468
- Taxes w/Assessments: N/A
- Tax/Property ID: 00556340503100
- Tax Year: 2026
Payment Calculator
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Questions About..
3116 18th St Everett, WA 98201
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