Everett Homes with 55 - 5-9 Units Style

Welcome to Everett, Washington – a vibrant city nestled in the heart of Snohomish County, just north of Seattle. Known for its stunning waterfront views and rich maritime heritage, Everett is a hidden gem that offers a delightful blend of urban conveniences and natural beauty. With its proximity to the Puget Sound and the majestic Cascade Mountains, residents enjoy a plethora of outdoor activities, from hiking and biking to boating and fishing.

Everett is not just a city; it's a community with a diverse population and a strong sense of belonging. The downtown area is bustling with shops, restaurants, and cultural attractions, including the Future of Flight Aviation Center and the Historic Everett Theatre. Families will appreciate the excellent schools, parks, and recreational facilities, making it an ideal place for raising children.

For those seeking a unique living experience, Everett offers charming homes in the 5-9 unit style, perfect for those who appreciate community living without sacrificing privacy. These homes are designed to foster a sense of connection among neighbors while providing comfortable, modern living spaces. With various layouts and sizes, you can find the perfect fit for your lifestyle, whether you’re a young professional, a growing family, or looking to downsize.

Explore the possibilities that await you in Everett, where each home tells a story, and every neighborhood offers a warm welcome. Come discover your new home in this enchanting city, where the beauty of nature meets the charm of community living.

Newest Everett Homes with 55 - 5-9 Units Style

$1,150,000

2547331 MLS ⋅ ACTIVE Status

Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.

2519 Baker Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,195,000

2547568 MLS ⋅ ACTIVE Status

Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

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