Evergreen Homes with 56 - 10+ Units Style

Welcome to Evergreen, a hidden gem nestled in the heart of Everett, Washington, within the picturesque Snohomish County. Known for its lush greenery and serene atmosphere, Evergreen is a vibrant neighborhood that perfectly blends suburban charm with urban convenience. This community is ideal for families, professionals, and anyone seeking a tranquil yet connected lifestyle.

Evergreen boasts a diverse array of homes, particularly those with 56 to over 10 units, making it an attractive option for investors and residents alike. These multifamily properties offer a unique opportunity to enjoy the benefits of community living while providing ample space and modern amenities. With a variety of architectural styles, from contemporary designs to classic townhouses, there’s something for everyone in this thriving neighborhood.

The area is well-served by local parks, schools, and shopping centers, ensuring that residents have everything they need within reach. Enjoy leisurely strolls through the nearby parks or take advantage of the numerous recreational activities available, from hiking trails to community events. The strong sense of community spirit is palpable, with friendly neighbors and local gatherings that foster connections and camaraderie.

Conveniently located near major highways and public transportation, Evergreen offers easy access to downtown Everett and beyond, making commuting a breeze. Whether you’re looking for a cozy home or an investment property, Evergreen presents a unique opportunity to be part of a welcoming neighborhood that truly embodies the essence of Washington living. Come explore Evergreen, where your dream home awaits!

Newest Evergreen 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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