Price Reduction
Listing Provided Courtesy Of:
Coldwell Banker Bain and NWMLS
8307 5th Avenue W, Everett, WA
$ 5,490,000
Property Attributes
  • ID#1933786
  • TypeMulti-Family
  • CityEverett
  • AreaEverett-Mukilteo
  • NeighborhoodEverett
  • Zip98203
  • Style10+ Units
  • Year Built2020
  • Taxes$ 27740
  • Price$ 5,490,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14144
  • Lot Size0.53 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Prime investment property. Almost new townhomes designed for minimal maintenance and have been well cared for since they were built in 2020. All units are individually metered and have laundry facilities within all homes. Private entrances, individual two car garages and six off-street parking spots. Mini-Ductless systems on the main and wall units on the upper. Designed for future investor to potentially sell units individually in the future. Tenants are well vetted & has been nonexistent. Current rates are below market and potential for significant rent increase. Great proximity to Boeing, Paine Field, Amazon, Swedish and Providence medical centers and many more employment opportunities in this high demand. Do not go on property.

Price History
5/18/2022 Listed $5,800,000
8/3/2022 6% - $5,490,000

General Features

Building Area Units Square Feet
Carport Y/N No
City Everett
County Snohomish
Directions From I-5 take the WA-526 W exit (Boeing Freeway). Take the Evergreen Way exit. Left on Evergreen, immediate Right onto E Casino Rd. Right on 5th AVE. Third driveway on the Right.
Electric Expense 300
Exterior Features Cement/Concrete, Wood
High School District Mukilteo
Insurance Expense 6000
Interior Features Ductless HP-Mini Split, Wall to Wall Carpet
Leasable Area 14144
Lot Size Square Feet 23086
MLS Area 740 - Everett/Mukilteo
Net Operating Income 227402
New Construction No
Open Parking Spaces 6
Possession Tenant's Rights
Property Condition Very Good
Property Style 56 - 10+ Units
Property SubType Multi-Family
Property Type Residential Income
Roof Composition
Senior Community Y/N No
Sewer Available
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 5th
Structure Type Multi Family
Subdivision Name Everett
Tax Annual Amount 27740
Tax Year 2022
Terms Cash Out, Conventional
Total Units 13
Units Below Grade false
Units In Building Total 13
Utilities Cable Connected, Electricity Available
Water Company City of Everett
Water Sewer Garbage 18500
Year Built 2020

Interior Features

Air Conditioning Y/N Yes
Fireplace Y/N No
Flooring Vinyl, Carpet
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Avenue
Total Stories 3

Exterior Features

Building Area Total 14144
Covered Spaces 26
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Paved, Sidewalk
Lot Size Acres 0.53
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 6
Site Features Cable TV, Deck
Total Parking 32
View Y/N No
Water Source Public
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98203

AVG $1.46M
AVG $7,831
AVG 22
Year Built
AVG 1965
AVG 44
Data Provided by Walkscore ® not using MLS data

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