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← Back to search results/Everett, WA/4230 Hoyt Avenue
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Listed by Grant Fosheim • Opal Blue Real Estate, LLC.
FOR SALE

$3,975,000

Est. $22,018/mo

14,644 sq ft

4230 Hoyt Avenue, Everett, WA 98203

• Listed Sep 22, 2026•25 days active · 25 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Opal Blue Real Estate, LLC; Grant Fosheim; 425-359-7259; Grant@OpalBlueRE.com

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Listing Broker: Opal Blue Real Estate, LLC; Grant Fosheim; 425-359-7259; Grant@OpalBlueRE.com

About this home

Well-maintained, well-managed 16-unit apartment building available in Everett's Cascade View neighborhood, reflecting disciplined, proactive ownership. 12 of 16 units have been renovated from tasteful refreshes (LVP flooring, updated bathrooms, modern fixtures) to full remodels with new kitchens, bathrooms and in-unit washer/dryer. Building-wide systems have been kept current as well, with a new roof, new exterior paint, and new double-pane vinyl windows all completed in 2024, a 2024 common area refresh (fresh paint, carpet, lighting), and a remote-access garage gate replaced in 2022. Fully leased with staggered lease terms and zero delinquencies, shows active management that results in value for the new owner. Unit mix of (8) 1bd/1ba at 651 SF and (8) 2bd/1ba at 882 SF. Amenities built for tenant retention: 18 secure, gated garage parking stalls, a shared app-based laundry room, and a private storage locker for every unit — a meaningful differentiator in this submarket. For a new owner, the building hands off cleanly, with no deferred maintenance backlog and a defined, low-risk runway to continue the existing renovation program on the remaining units or to operate as-is. Located in Central Everett's Glacier View submarket, minutes from Boeing, Paine Field, and Providence Regional Medical Center. A rare opportunity to acquire a renovated, stabilized asset with genuine mark-to-market upside in one of Snohomish County's most active employment corridors.

Property type
Single Family
Year built
1968
Interior
14,644 sq ft
Lot size
0.15 acres
Parking
18-car garage
Price / sq ft
$271
HeatingBaseboard
CoolingNone
Property taxes$25,265/yr (est.)
School districtEverett

Listed by Grant Fosheim • Opal Blue Real Estate, LLC

Listing updated: October 9, 2026 at 10:58am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2583030

Around this home

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4230 Hoyt Avenue, Everett, WA 98203

List price
$3,975,000
Down payment
$795,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Layout

  • 10+ Units
  • 4,500 sq ft garage

Flooring

  • Laminate
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Schools

Ratings via SchoolDigger

Everett School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Multi-family facts

As entered by the listing broker on Northwest MLS

Units

Total units
16
Units in building
16
Units below grade
false
Building square feet
14,644 sq ft

Income & expenses

Gross scheduled income
$325,236
Total monthly income
$27,103
Additional monthly income
$100
Gross adjusted income
$318,731
Net operating income
$221,993
Cap rate
5.58%
Gross rent multiplier
12.22
Vacancy rate
2%
Total expenses
$96,737
Insurance
$7,327
Electric
$2,116
Other expenses
$49,810
Water / sewer / garbage paid by
12219

Parking & storage

Parking spaces
18
Covered spaces
18

Taxes & assessment

Annual taxes
$25,265
Tax year
2026
Financing
Cash, Conventional

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

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The members' report

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Sales & Tax Records for 4230 Hoyt Avenue

NWMLS via MLS Grid · Snohomish County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 22, 2026
    Listed
    NWMLS via MLS Grid · #2583030
    $3,975,000
    $271/sq ft

Mortgage payment forecast

$25,117 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Opal Blue Real Estate, LLC; Grant Fosheim; 425-359-7259; Grant@OpalBlueRE.com

Market pulse

Everett is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market

  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 55 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $650,000 Sold

    1 week ago

    3 bd•2.25 ba•~2,051 sq ft•Single Family

    405 46th Street SE, Everett, WA 98203

    0%

    Over list

    43

    Days on market

    0.7 mi

    Distance

  • $510,000 Sold

    3 weeks ago

    4 bd•1.25 ba•~1,296 sq ft•Single Family

    4434 Forest Drive, Everett, WA 98203

    6%

    Under list

    42

    Days on market

    1.0 mi

    Distance

  • $500,000 Sold

    3 weeks ago

    3 bd•1.75 ba•~1,554 sq ft•Single Family

    5118 S 3rd Avenue, Everett, WA 98203

    0%

    Over list

    —

    Days on market

    0.9 mi

    Distance

  • $736,000 Sold

    4 weeks ago

    3 bd•2.25 ba•~1,617 sq ft•Single Family

    4625 Silvertip Lane, Everett, WA 98203

    1%

    Over list

    29

    Days on market

    0.5 mi

    Distance

  • $735,000 Sold

    4 weeks ago

    3 bd•2 ba•~1,974 sq ft•Single Family

    419 E View Ridge Drive, Everett, WA 98203

    1%

    Over list

    30

    Days on market

    0.9 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 17, 2026 at 11:17 AM PT (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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