3116 18th Street · Everett, WA 98201
Source: NWMLS · COMPASS · Erich Bubbel #NWM2529127
About this home
Everett 4 Unit: 6.36% cap rate. All units are 2BD/1BA at 850 SF each (3,400 NRSF) on a 6,098 SF lot. Infrastructure highlights include a 4-year-old roof, copper and ABS plumbing, and GE electrical panels, minimizing near-term cap-ex and providing peace of mind for the incoming investor. Units feature forced air heating, on-site laundry, and two units have back patios. 10 parking spaces (2.5/unit) adds convenience and tenant retention value. Upside available through strategic market rent adjustments as the surrounding Everett market continues to grow — making this an ideal core hold for any investor seeking steady income with long-term appreciation potential.
Location
Basics
- Property type
- Multi Family
- Style
- 4-Plex
- Stories
- 2 stories
- Condition
- Good
- Year built
- 1979
- Building area
- 3,400 sq ft
- Lot size
- 6,098 sq ft (0.14 acres)
- County
- Snohomish
- MLS #
- NWM2529127
Interior
- Heating
- Baseboard, Forced Air
- Cooling
- None
- Flooring
- Laminate, See Remarks
Exterior & lot
- Exterior features
- Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Corner Lot
- View
- Mountains
- Waterfront
- No
Parking
- Parking spaces
- 10
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Everett
- Property tax
- $7,468 (2026)
Transaction
- Original list price
- $1,350,000 (7.4% price cut)
- Listed on
- May 26, 2026
- Days on market
- 116
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing
More homes nearby
Schools
School district: Everett
- High
- Everett High SchoolSchoolDigger 3 stars · Top 38% in WA
Listing provided courtesy of: COMPASS
Listing agent: Erich Bubbel.
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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-26.