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JRJeff ReynoldsCompass · Seattle

Listed by Luxi Meng, Kelly Right RE of Seattle LLC

1,768
Square feet
$322
Per sq ft
Multi Family
Type
1904
Year built
4,356 sq ft
Lot
159
Days on market

About this property

Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, with the upper level divided into 3 studio units (they share a bathroom). All units have individual kitchens. Updated building & units with strong cash flow—currently grossing $5,210/mo ($65,680/year) and approx. 9.37 % cap rate. Unit 1 fully remodeled with modern interior; Unit 5 carpet replaced 2 years ago. New coin-op laundry and water heater. Unit 1, 4 left vacant for potential owner-occupancy/upgrade to drive up value—only unit available for showing. Great in-city location with easy access to Everett CC, hospitals, shops, cafes, and freeways. Loyal long-term tenants, rent below market.

Location & commute

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Directions

Property details

Listing details

Listing number
#2476036
Listed
February 3, 2026
Days on market
159
Price per sq ft
$322

Unit & building

Stories in building
3
Units in building
5

Views

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City

Construction

Year built
1904
Style
53 - Tri-plex
Structure
Triplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
LaminateCarpet

Lot

Lot size
4,356 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Everett
Sewer
City of Everett
Power
Puget Sound Energy

Schools

District
Everett
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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  • City
  • Triplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Natural Gas
  • Laminate
  • Carpet
  • Cash
  • Conventional

Listing history

  1. Listed

    $569,999

    February 3, 2026

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

$3,319

Principal & interest
$2,882
Property tax (est.)
$437

Assumes $114,000 down (20%), a $455,999 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.