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JRJeff ReynoldsCompass · Seattle

Listed by Ben Kaufman, COMPASS

19,768
Square feet
$230
Per sq ft
Multi Family
Type
1913
Year built
14,375 sq ft
Lot
525
Days on market

About this property

Expand your portfolio with this fully leased 17-unit mixed-use asset, positioned at Hewitt & Rucker in downtown Everett. Significant capital improvements completed include new roof, paint, sewer, 8 renovated apartments - this property is ideal for effortless ownership. The unix mix consists of 9 apartments 6 1br & 3 2br with comfortable open floor plans, stylish interiors & LVP flooring. Residents enjoy onsite common laundry, and option to rent one of 6 onsite parking spaces. The street level consists of 9 retail units, 100% leased. The acquisition secures a stabilized asset with potential for future development and appreciation. Zone is Mixed Urban (MU), zoning maps indicate building heights up to 12 to 25 floors (buyer to verify).

Location & commute

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Directions

Property details

Listing details

Listing number
#2327718
Listed
February 3, 2025
Days on market
525
Price per sq ft
$230
Original list price
$5,200,000

Unit & building

Stories in building
2
Units in building
17

Parking

Total spaces
6

Construction

Year built
1913
Style
56 - 10+ Units
Structure
Multi Family
Roof
Metal

Heating & cooling

Heating
DuctlessWall Furnace
Cooling
Ductless
Energy source
Electric

Flooring

Flooring
HardwoodLaminate

Lot

Lot features
AlleyCorner LotCurbsPavedSidewalk
Lot size
14,375 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Everett
Sewer
City of Everett
Power
PUD

Schools

District
Everett

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Multi Family
  • Metal
  • Ductless
  • Wall Furnace
  • Electric
  • Hardwood
  • Laminate
  • Alley
  • Corner Lot
  • Curbs
  • Paved
  • Sidewalk

Listing history

  1. Listed

    $5,200,000

    February 3, 2025

  2. Current price

    $4,550,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$26,495

Principal & interest
$23,007
Property tax (est.)
$3,488

Assumes $910,000 down (20%), a $3,640,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM PDT. 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.