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JRJeff ReynoldsCompass · Seattle
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Listed by Grant Fosheim, Opal Blue Real Estate, LLC

5,304
Square feet
$273
Per sq ft
Multi Family
Type
1968
Year built
9,583 sq ft
Lot
0
Days on market

About this property

Well-managed, meticulously maintained 6-unit apartment building in Everett's Cascade View neighborhood — a truly turnkey investment with zero deferred maintenance, zero vacancies, and zero delinquencies. Five of the six units have been renovated (2021–2024) with new double-pane vinyl windows, LVP flooring, updated kitchens and baths, alongside a new roof (2023), fresh exterior paint/sealer, newer decks and updated common areas (2025) including new carpet, lighting, and hardware, leaving a new owner nothing to do but collect rent from day one. Unit mix of (4) 2bd/1ba and (2) 1bd/1ba units totaling 5,050+ SF, with a private storage locker for every unit. Eleven off-street parking spaces and on-site app-based laundry round out the amenities. 5.62% current cap / 6.06% market cap, with one remaining unrenovated unit offering modest rent-growth upside — a low-maintenance, professionally run asset that fits well as a standalone hold or as an easy addition to a growing multifamily portfolio.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2583094
Listed
September 22, 2026
Days on market
0
Price per sq ft
$273

Unit & building

Stories in building
2
Units in building
6

Parking

Total spaces
11

Views

View
Territorial

Construction

Year built
1968
Style
55 - 5-9 Units
Structure
Multi Family
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
LaminateVinylVinyl PlankCarpet

Lot

Lot features
PavedSidewalk
Lot size
9,583 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City Of Everett
Sewer
City Of Everett
Power
SNOPUD

Schools

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

What stands out to you?

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

  • Territorial
  • Multi Family
  • Composition
  • Baseboard
  • None
  • Electric
  • Laminate
  • Vinyl
  • Vinyl Plank
  • Carpet
  • Paved
  • Sidewalk

Listing history

  1. Listed

    $1,450,000

    September 22, 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

$8,444

Principal & interest
$7,332
Property tax (est.)
$1,112

Assumes $290,000 down (20%), a $1,160,000 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 September 22, 2026 at 2:15 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.