610 Mead Avenue, Everson, WA 98247

$3,871,669

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Listing courtesy of Pacific Continental Realty LLC.

List Price
$3,871,669
Status
ACTIVE
MLS#
2568996
Days on Market
5
Style
56 - 10+ Units
Annual Tax Ammount
30633.27
Lot Size (sq ft)
64,905
Sewer
Available

Property Description

6.5% Cap. Assembled property sale includes 3-duplexes, 1-triplex, & 1-fourplex with 3 separate parcel numbers on 1.49 acres. Two units are fully renovated, updated houses, with the other eleven units being constructed between 2021 & 2023. There are 39 bedrooms, 33 bathrooms, 15 garages, & 30 parking spaces. This is a super nice multifamily property situated outside of the 100-year flood plain. The Everson rental market has proven to be highly stable with low vacancies. The combined sale includes parcel #’s 4003364211630000, 4003364221800000, 4003364301580000.

Additional Information

List Date
2026-08-13 18:25:14
Community
Everson
Net Operating Income
$252,608
Gross Adjusted Income
$328,200
Gross Scheduled Income
$328,200
Total Monthly Income
$27,350
Insurance Expenses
$16,187
Water/Sewer/Garbage Expenses
$1,369
Gross Rent Multiplier
11.8
Total Expenses
$75,591
Cap Rate
6.5
Unit Name
610
Potential Terms
See Remarks
Year Built
2023
Roof
See Remarks
Electric Expenses
1390
Other Expenses
24823
Energy Source
Electric
School District
Nooksack Valley
Total Monthly Income
$27,350
Gross Scheduled Income
$328,200
Gross Adjusted Income
$328,200
Tax Year
2025
Insurance Expense
$16,187
W/S/G Expenses
$1,369
Total Expenses
$75,591
Net Operating Income
$252,608
Gross Rent Multiplier
11.8
Cap Rate
6.5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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