New Listing
$1,450,000
 $7,784 est/mo Sourced by Back At You

8806 3rd Avenue,Everett, WA 98208

Everett, WA 98208

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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.

Details

MLS #2583094
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1968
Days On Site3
Listing Provided ByOpal Blue Real Estate, LLC | Grant Fosheim

Features

SQ Feet5,304
Story(s)2
Units6
ZoningMulti-Family
Acreage0.22
Property ViewYes

Taxes

Property11202

Area Information

StateWA
CountySnohomish
CityEverett
Zip Code98208
Area740 Everett | Mukilteo
Community NameSouth Everett
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in South Everett)
Price:
$1,450,000
low | high
Med:
$524,995
100% of Average
sqft:
5,304
low | high
Med:
1,000
100% of Average
$ / sqft:
$273
low | high
Med:
$525
42.039550344828% of Average
On site:
3
low | high
Med:
72
4.166666666667% of Average
Sourced by Back At You

Market Activity 98208

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Learn More About This Property

StateWA
CountySnohomish
CityEverett
Zip Code98208
Area740 Everett | Mukilteo
Community NameSouth Everett
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in South Everett)
Price:
$1,450,000
low | high
Med:
$524,995
100% of Average
sqft:
5,304
low | high
Med:
1,000
100% of Average
$ / sqft:
$273
low | high
Med:
$525
42.039550344828% of Average
On site:
3
low | high
Med:
72
4.166666666667% of Average
Sourced by Back At You
Listing Updated: September 22, 2026 at 10:45:57 AM PDT