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Provided by NWMLS, Listed by Grant Fosheim, 425-510-6162 at Opal Blue Real Estate, LLC
5,304 sqft

$1,450,000

8806 3rd Avenue SE, Everett WA, 98208

Price per sqft$273.38
Built in1968
Property size5,304 sqft
Property typeMulti-family

Overview

Active

Listed Sep 22, 2026

Updated 26h ago

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.

$9,647/mo

Est. mortgage payment based on a $1,450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2583094

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Taxes
$11,202
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Grant Fosheim, 425-510-6162 at Opal Blue Real Estate, LLC

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 9/24/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 9/24/2026 at 6:28 AM UTC . 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.

©2026 Northwest Multiple Listing Service all rights reserved.

Data last updated on 9/24/2026 at 6:28 AM UTC 

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