8806 3rd Avenue SE · Everett, WA 98208
Source: NWMLS · Opal Blue Real Estate, LLC · Grant Fosheim #NWM2583094
About this home
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
Basics
- Property type
- Multi Family
- Style
- 5-9 Units
- Stories
- 2 stories
- Condition
- Average
- Year built
- 1968
- Building area
- 5,304 sq ft
- Lot size
- 9,583 sq ft (0.22 acres)
- County
- Snohomish
- MLS #
- NWM2583094
Interior
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Laminate, Vinyl, Vinyl Plank, Carpet
Exterior & lot
- Exterior features
- Brick
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Paved, Sidewalk
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 11
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- South Everett
- Property tax
- $11,202 (2026)
Transaction
- Listed on
- Sep 22, 2026
- Days on market
- 3
- Listing terms
- Cash, Conventional
- Possession
- Subject To Tenant Rights
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2020-07-09
- Sold$1,190,000
Schools
School district: Everett
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Cascade High SchoolSchoolDigger 3 stars · Top 47% in WA

Listing provided courtesy of: Opal Blue Real Estate, LLC
Listing agent: Grant Fosheim.
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 2026-09-22.