Everett Homes with 55 - 5-9 Units Style

Welcome to Everett, Washington—a vibrant city nestled in Snohomish County, just north of Seattle. With its stunning waterfront views along the Puget Sound and a backdrop of the majestic Cascade Mountains, Everett is a community that beautifully blends natural beauty with urban convenience. Known for its rich history, Everett boasts a diverse culture and a thriving economy, making it an ideal place to call home.

The real estate market in Everett offers a variety of options, particularly for those interested in homes with 5-9 units. These multi-family residences provide an excellent opportunity for both investors and families seeking to live in a close-knit community. With a blend of modern amenities and classic charm, these properties often feature spacious layouts, shared outdoor spaces, and convenient access to local parks, schools, and shopping centers.

Living in Everett means enjoying a wealth of recreational activities, from exploring the scenic trails of Howarth Park to indulging in the vibrant arts scene downtown. Residents benefit from a strong sense of community, with local events and festivals that bring neighbors together throughout the year.

Whether you’re looking to invest in a multi-family property or find a cozy home for your family, Everett’s homes with 5-9 units offer a unique opportunity to embrace the Pacific Northwest lifestyle. Come discover why this charming city is not just a place to live, but a place to thrive!

Newest Everett Homes with 55 - 5-9 Units Style

$1,150,000

2547331 MLS ⋅ ACTIVE Status

Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.

2519 Baker Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,195,000

2547568 MLS ⋅ ACTIVE Status

Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

Start Your Search

Based on information submitted to the MLS GRID as of . 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, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.