Everett Homes with 56 - 10+ Units Style

Everett Homes with 56 - 10+ Units Style

Welcome to Everett, Washington—a vibrant city nestled along the picturesque shores of Puget Sound, in the heart of Snohomish County. Known for its rich history and stunning natural beauty, Everett offers a unique blend of urban amenities and outdoor adventures. With its breathtaking waterfront views, lush parks, and proximity to the majestic Cascade Mountains, Everett is a haven for nature lovers and urbanites alike.

One of the standout features of Everett is its diverse real estate market, particularly the availability of homes with 56 to 10+ units. These multi-family properties present an incredible opportunity for investors and those looking to establish a thriving community. Whether you’re seeking a well-established apartment complex or a new development project, Everett’s multi-family homes cater to a wide range of needs and preferences.

Living in Everett means embracing a lifestyle filled with convenience and charm. Residents enjoy access to a variety of local shops, restaurants, and cultural attractions, including the renowned Future of Flight Aviation Center and the scenic Jetty Island. The city is also well-connected, with easy access to major highways and public transportation, making it a commuter's dream.

As you explore the possibilities of multi-family homes in Everett, envision the potential for growth and community building in this dynamic city. With its combination of natural beauty, urban convenience, and a welcoming atmosphere, Everett is not just a place to live—it's a place to thrive. Discover your next investment opportunity in this enchanting city 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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