8806 3rd AVE SE, Everett, WA 98208
8806 3rd AVE SE, Everett, WA 98208
8806 3rd AVE SE, Everett, WA 98208
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Listed by:Opal Blue Real Estate, LLC • Grant Fosheim
$1,450,000
Est. payment /mo
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10 Beds
6 Baths
5,304 SqFt
New

8806 3rd AVE SE Everett, WA 98208

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Jeffrey Sowell

Jeffrey Sowell

+1(425) 422-6725

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,304 sqft

Price per Sqft $273

Subdivision South Everett

MLS Listing ID 2583094

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1968

Annual Tax Amount $11,202

Lot Size 9,583 Sqft

Lot Dimensions 70 x 131

Property Sub-Type Multi Family

Property 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.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Laminate, Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Brick

Amenities Available Deck, Fenced-Partially, Patio

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Everett

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Northwest MLS (NWMLS)
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Jeffrey Sowell

Jeffrey Sowell

Agent License ID: 133256

+1(425) 422-6725

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8806 3rd AVE SE