Snohomish Homes with 54 - 4-Plex Style

Snohomish Homes with 54 - 4-Plex Style

Welcome to Snohomish County, a vibrant region nestled in the heart of Washington State, where natural beauty meets urban convenience. Known for its stunning landscapes, rich history, and thriving communities, Snohomish County is a place where residents enjoy a high quality of life. With the majestic Cascade Mountains to the east and the picturesque Puget Sound to the west, outdoor enthusiasts will find endless opportunities for hiking, boating, and exploring nature.

Everett, the largest city in Snohomish County, is a dynamic hub that boasts a diverse array of amenities and attractions. From its bustling waterfront and historic downtown to the renowned Future of Flight Aviation Center, Everett offers a unique blend of culture and recreation. With easy access to Seattle and the surrounding areas, residents can enjoy the best of both worlds—small-town charm with big-city conveniences.

Among the attractive housing options in Everett, homes styled as 4-plexes present a fantastic investment opportunity. These multi-family dwellings provide a unique chance to own a piece of real estate while enjoying the benefits of rental income. Perfect for investors looking to maximize their portfolio or for families seeking spacious living arrangements, 4-plex homes offer the ideal blend of comfort and practicality.

Imagine the possibilities of living in one of these charming homes, complete with modern amenities and ample outdoor space. With the thriving community of Everett at your doorstep, you’ll find yourself immersed in a lifestyle that celebrates both tranquility and adventure. Discover your dream home in Snohomish County today!

Newest Snohomish Homes with 54 - 4-Plex Style

$1,499,000
2558436 MLS ⋅ ACTIVE Status
Rare opportunity, newer 2001 4-plex investment in a prime Everett location! Option to live in one unit while your tenants pay your mortgage. This well-maintained multifamily property offers an impressive 5,117 square feet of living space. The upper-level features two spacious 3-bedroom units, each offering an exceptional 1,492 square feet of living space. The ground level includes two well-designed 2-bedroom units, each with 1,066.5 square feet. Tenants also enjoy access to a large 851-square-foot, 4-car garage located at the rear of the property. Each unit has been recently refreshed with new interior paint, carpet, blinds, countertops, and hardwired smoke and carbon monoxide detectors, making this a truly turnkey investment. Conveniently located just minutes from I-5, the new YMCA, shopping, dining, and the vibrant Everett Waterfront, this property offers excellent accessibility and strong tenant appeal. With low-maintenance construction, all appliances included, and the potential for approximately a 6.4% cap rate, this is an outstanding long-term investment opportunity. Listing agent is also a property manager and can assist with future placements and management for a lower negotiated fee. Buyer to verify all information to their satisfaction.

3426 Oakes Avenue, Everett

Listing courtesy of Gilpin Realty, Inc..

$899,000
2559871 MLS ⋅ ACTIVE Status
Part of core Downtown Granite Falls, zoned commercial, grandfathered multi-family. Fully stabilized rents withlong term tenants in place. Upside available with rental increases and utility billback. All units renovated in2022, complete re-roofed in 2022 with 30 year roof. Onsite coin-op laundry. All units 2 bed/1 bath. Generous city parking.

316 S Granite, Granite Falls

Listing courtesy of Realty One Group Orca.

$1,099,995
2559003 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in the heart of Marysville! This well-maintained 4-plex offers a strong 5.8% cap rate with stable cash flow and long-term upside. Annual gross rental income is $82,680, making it an ideal addition to any investment portfolio or 1031 exchange.Two units have been extensively renovated within the past two years with modern finishes, while the remaining two units are occupied by approximately 6-year tenants who have taken exceptional care of their homes, providing dependable income and low turnover. The property has been well maintained and offers investors an excellent balance of immediate returns and future value-add potential as units naturally transition over time.Conveniently located near shopping, restaurants, schools, parks, I-5, Highway 9, and major employers, this property continues to attract quality tenants in one of Snohomish County's strongest rental markets.Whether you're a seasoned investor or purchasing your first multifamily property, this is a rare opportunity to acquire a clean, professionally maintained fourplex with solid financials, stable occupancy, and room for future growth.

1309 Wildwood Street Unit #A/B/CD, Marysville

Listing courtesy of HomeSmart Real Estate Assoc.

$1,395,000
2553843 MLS ⋅ ACTIVE Status
Investor Opportunity! Existing income-producing fourplex located in Arlington’s OTBD-3, Old Town Business district. Current zoning permits multifamily apartments, townhouses, rowhouses and mixed-use development, subject to City approval and applicable parking, access, utility and development standards. Approximately 10,019-square-foot lot with eight existing parking spaces and additional site area offering potential for expansion or future redevelopment. Buyer to verify all development possibilities with the City of Arlington.

703 Broadway Street, Arlington

Listing courtesy of NextHome PNW Realty.

$825,000
2527393 MLS ⋅ ACTIVE Status
Well-positioned Grand Ave fourplex in the heart of Everett, just minutes from the waterfront, downtown Everett, Providence, transit, restaurants, and commuter routes. Originally built in 1915 with an effective year built of 1980, the property also benefits from updated electrical and plumbing. Desirable unit mix includes two 2-bedroom units and two 1-bedroom units, with approximate unit sizes of 1,000 SF, 860 SF, 800 SF, and 650 SF. Upper units enjoy city, mountain, and territorial views. The large partially finished basement provides coin-op laundry income, individual storage lockers for each unit, a separate toilet/bathroom area, and an oversized fenced storage area with potential for additional monthly income. A clean, practical Everett multifamily asset with multiple income streams and room for continued upside. Rents are low. Roof replaced in 2019. Upgraded Electrical, Copper plumbing.

3210 Grand Avenue, Everett

Listing courtesy of Keller Williams Realty Bothell.

$850,000
2550406 MLS ⋅ ACTIVE Status
Rare investment and development opportunity! FOUR SEPARATE but ADJOINING tax parcels totaling approximately 11 acres offered as one package in a peaceful Gold Bar setting. Each parcel is approximately 2.6 acres and includes an existing manufactured home with power, private well, and individual septic already in place—providing immediate utility and exceptional future potential. Currently fully rented with all four homes producing $1,200/month each ($4,800/month gross), this property offers instant income while you plan for future use. Ideal for investors seeking a cash-flowing asset, builders looking for multiple homesites, or buyers wanting flexibility for multigenerational living, custom home construction, redevelopment, or a home-based business (buyer to verify all intended uses). Enjoy outstanding privacy, territorial and mountain views, and a beautiful Pacific Northwest setting just minutes from Gold Bar, with convenient access to Monroe and Stevens Pass. Recreation opportunities abound with nearby hiking, skiing, fishing, rafting, and endless outdoor adventures. Properties offering four legal parcels, existing homes, utilities in place, current rental income, and multiple future use options are exceptionally rare. Hold as an income-producing investment, improve and reposition, redevelop, or create a legacy property with multiple residences. An outstanding opportunity in a growing corridor with tremendous upside.

16527 415th Avenue, Gold Bar

Listing courtesy of eXp Realty.

$900,000
2549035 MLS ⋅ ACTIVE Status
Rare fully-renovated 4-plex offering immediate cash flow and a clear value-add path — plus a $10,000 seller credit toward closing costs or a rate buy-down, accretive to day-one returns. Three of four units are fully remodeled and turnkey — Units 505 & 507 are tenant-occupied, and Unit 503 has been completely renovated to the same standard (new cabinets, quartz counters, tile bath, LVP flooring) and is move-in ready, with multiple rental inquiries already in hand at an estimated $1,900/mo. Units 503 & 507 also feature new water heaters, with Unit 505's water heater installed in 2019 — added peace of mind on mechanicals. Once leased, projected NOI reaches approximately $50,000+ on gross scheduled income of $66,671. Unit 509 is unfinished and represents additional built-in upside: convert to a 1-bed for an estimated $1,200/mo, pushing the cap rate toward 6%+ with minimal capital outlay. Exterior fully updated — new siding, new paint, front half of roof replaced, plumbing & electrical upgrades completed. Separate legal address on Unit 509 adds flexibility for a refinance. Huge .29-acre lot, 8+ off-street parking spaces, strong Sultan rental demand. Also ideal for an owner-occupant buyer: move into vacant, fully-remodeled Unit 503 with low-down-payment FHA or VA financing and let 505 & 507 help cover the mortgage — turnkey house-hacking made easy.

507 3rd Street, Sultan

Listing courtesy of Realty One Group Orca.

$969,000
2539200 MLS ⋅ ACTIVE Status
New Price! Attractive 4-plex ideally located near Hwy 99, I-5, & 405. Enjoy a desirable unit mix of 3 - 2 bed, 1 bath units and 1 - 1 bed, 1 bath unit. Recent upgrades to units 2-4 include newer flooring, newer interior paint, and partial cabinet (newer in unit 4, refreshed in units 2 & 3 with newer paint and hardware), countertop, trim, & light fixture upgrades, as well as many updated appliances. Upper units have a small deck and the lower units are adjacent to a small yard. 8 parking spaces (2 per unit!). Common laundry provides additional income. A flexible asset with the ability to immediately owner-occupy, or use as a long-term hold with good cashflow + additional upside potential through operational improvements.

15328 40th Avenue W, Lynnwood

Listing courtesy of Windermere Real Estate Co..

$1,099,000
2533177 MLS ⋅ ACTIVE Status
Great opportunity to own a purpose-built 4-plex in a convenient Everett location. This well-maintained property offers strong rental history with long-term tenants and additional upside through future value-add improvements. The building features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit has been fully remodeled with quartz countertops, updated kitchen and bath, in-unit washer/dryer, and forced air heating/cooling, providing a great example of potential for the remaining units. Major system updates include newer windows throughout and a replaced roof, helping reduce immediate capital expenses. Each unit includes off-street parking, adding to tenant convenience and appeal. Ideally located near the I-5 corridor, bus lines, and Everett AquaSox Stadium, with easy access to local coffee shops, restaurants, and everyday amenities. A solid investment with a blend of stability and opportunity.

1907 37th Street, Everett

Listing courtesy of KW Everett.

$1,420,000
2530189 MLS ⋅ ACTIVE Status
Investor opportunity meets peace of mind in this serene, centrally located Edmonds four-plex! Tucked away like a hidden gem, this property offers a tranquil setting with exceptional access to everyday conveniences. Featuring a versatile unit mix of one 3-bedroom, one 2-bedroom, and two 1-bedroom apartments, offering spacious living areas and attractive updates including newer cabinetry, quartz countertops, and stainless steel appliances.Perfect for investors or an owner-occupant seeking a live/rent (“house-hack”) lifestyle, this property is just minutes from transit, ferry access, parks, the waterfront, shopping, and restaurants.Major capital improvements provide added confidence and long-term value, including a new driveway and extensive French drain system installed approximately two years ago—a $70,000 investment designed to proactively manage drainage and protect the property. Additional moisture-control upgrades include two newer commercial-grade dehumidifier/air pump systems serving the lower units, a sump pump system installed in Unit 2, and thoughtful infrastructure improvements implemented to support long-term building performance. With ample parking, strong utility, and major systems already addressed, this property offers a compelling buy-and-hold investment or owner-occupied opportunity in one of Edmonds’ most desirable locations.

9010 236th Street SW, Edmonds

Listing courtesy of The Joseph Group.

$1,298,000
2529127 MLS ⋅ ACTIVE Status
Everett 4 Unit: 6.35% 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.

3116 18th Street, Everett

Listing courtesy of COMPASS.

$1,090,000
2527527 MLS ⋅ ACTIVE Status
Tucked away at the end of quiet street in a peaceful forested setting just west of 99, this fully-rented cash machine boasts an impressive .19 acre wooded lot with fully-fenced yards & 7 parking spaces. Solid 1979 2-story 4-plex with sweeping covered front porch features identical 2-bedroom 1-bath 790sf units with private washer/dryers & new kitchens, baths, roof & windows just over 10 years ago. Rarely ever vacant with happy, long-term tenants. Super convenient location within walking distance to Swift transit & minutes to I-5, 405 & Lynnwood's new light rail station!

18332 Hurst Road, Lynnwood

Listing courtesy of Upgrade Realty.

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