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Listed by Grant Fosheim • Opal Blue Real Estate, LLC.
FOR SALE

$1,450,000

Est. $7,741/mo

8806 3rd Avenue Se, Everett, WA 98208

• Listed Sep 22, 2026•5 days active · 5 cumulative

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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-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.

Property type
Single Family
Year built
1968
Interior
Not listed
Lot size
0.22 acres
Parking
None
Price / sq ft
Not listed
HeatingBaseboard
CoolingNone
Property taxes$11,202/yr (est.)
School districtEverett

Listed by Grant Fosheim • Opal Blue Real Estate, LLC

Listing updated: September 22, 2026 at 11:59am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2583094

Open houses

No upcoming open houses scheduled for this property.

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RexMont OfferEdge™

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8806 3rd Avenue Se, Everett, WA 98208

List price
$1,450,000
Down payment
$290,000

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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

Flooring

  • Laminate
  • Vinyl
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

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.

Mortgage payment forecast

$9,038 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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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

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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 54 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 22, 2026 at 11:59am (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.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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