Listed by Dave Nelson, Dave Nelson Real Estate
- Land
- Type
- 33,539 sq ft
- Lot
- 114
- Days on market
About this property
6 contiguous lots with prime location on Rucker with MU15 zoning. MU15 designation allows for buildings as tall as 15 stories. On bus line and near bus station/rail. Great access to Boeing and other commercial/Industrial areas. Exemption from SEPA if 200 units or less is developed. Washington State multi-family tax exemption applies. HUD opportunity zone. Walking distance to medical centers. Future upper level units will have mountain views to the east. Development materials & income in the supplements. Price equates to 190 units at $17,500 per unit. Opportunity for a very profitable project.
Location & commute
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Property details
Listing details
- Listing number
- #2422645
- Listed
- August 18, 2025
- Days on market
- 114
Construction
- Style
- 42 - Multi-Family
- Structure
- None
Lot
- Lot features
- AlleyCurbsPavedSidewalk
- Lot size
- 33,539 sq ft
Terms
- Terms offered
- Cash OutConventional
Utilities
- Utilities
- Electricity ConnectedNatural Gas Available
- Water
- On Property
- Sewer
- On Property
Schools
- District
- Everett
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
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- None
- Alley
- Curbs
- Paved
- Sidewalk
- Cash Out
- Conventional
- Electricity Connected
- Natural Gas Available
- On Property
Listing history
Listed
$3,325,000
August 18, 2025
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
$19,362
- Principal & interest
- $16,813
- Property tax (est.)
- $2,549
Assumes $665,000 down (20%), a $2,660,000 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 14, 2026 at 12:00 AM 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.