$1,350,000
Est. $6,805/mo3116 18th Street, Everett, WA 98201
• Listed 2026-05-26•7 days on market
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Everett 4 Unit: 6.89% cap rate. One unit vacant, making this ideal for an owner-occupier to live in one unit while the remaining three cover the mortgage. Long-term tenants in place providing stability and reliable cash flow. All units are 2BD/1BA at 850 SF each (3,400 NRA) 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.
Listed by Erich Bubbel • COMPASS
Listing updated: June 11, 2026 at 10:43am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2529127
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3116 18th Street, Everett, WA 98201
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Everett is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
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