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Listed by: Grant Fosheim (425) 359-7259 , Rae Dorcas (425) 446-1073 | Opal Blue Real Estate, LLC (425) 510-6162
$1,450,000
Monthly Est:$7,217
10 Beds
6 Baths
5,304sqft
8806 3rd Avenue SE, Everett, WA 98208
$1,450,000
$7,217/moEst:
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Multi Family
Built in 1968
$-- HOA
9,583 sqft lot
$273/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 22, 2026 at 6:59 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2583094
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1968
HOA Fees
-
Finished Area
5,304 sqft
Lot Size
9,583 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2583094
MLS Status
Active
Days on Market
11
Cumulative Days on Market
10
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 6
Interior
Flooring
Laminate, Vinyl, Vinyl Plank, Carpet
Exterior Features
Brick
Sewer
Sewer Connected
Heating
Baseboard
Cooling
None
Construction
Year Built
Year Built: 1968
Home type
Multi Family
Roof
Composition
Property Condition
Average
Foundation Details
Poured Concrete
Construction Materials
Brick
Utilities & Energy
Security Features
Partially Fenced
Water Source
Public
Other Features
Lot Features
Paved, Sidewalk
Subdivision Name
South Everett
Price History
| Date | Event | Price |
|---|---|---|
09/22/2026 Source: | Listed for Sale | $1,450,000 +21.85% $273/sqft |
07/10/2020 Source: | Price Increased | $1,190,000 +98.66% $224/sqft |
02/02/2006 Source: | Sold | $599,000 $113/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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