About this home

Rare UR4 corner development site in Northwest Everett with a vacant duplex in place and fourplex permitting already underway. The 1920 building is separately metered with one unit up and one down, plus a large unfinished basement with a street level garage door for storage, shop space, or future living area, remodel and rent while you plan, or move straight to development. The seller has already done the heavy lifting with the City and holds permits for a four unit new construction project. The plans need only minor architect revisions to wrap up, so a buyer can pick up where the work leaves off instead of starting from zero. UR4 opens up more than a fourplex. The code allows residential development up to four floors and 45 feet, with no general maximum unit density since the property sits outside the historic overlay. Units under 1,200 gross square feet are exempt from off street parking, there is no stated maximum building coverage, and setbacks are favorable with no front setback and generally five feet at the street side, interior side, and rear. A four story, parking free project of roughly 8 to 12 compact units is a strong concept to explore, subject to buyer feasibility and City approval. City water and sewer, all day transit within a half mile, and two parks within a half mile that may allow amenity space through balconies, rooftop area, or payment in lieu. Outside all mapped flood, wetland, shoreline, historic, airport, and smelter cleanup overlays.

Around this home

Property details

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• Allen Creek Elementary School

  Public · Grades PK-6 · 4.9 mi · State rank 836 of 1,138
  2/10
• 10th Street School

  Public · Grades 6-8 · 4.6 mi · State rank 267 of 514
  4/10
• ACES High School

  Public · Grades 9-12 · 6.1 mi · State rank 311 of 396
  2/10

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

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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Market pulse

Everett is a balanced market.

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

• 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 57 days.

Market data from MLS GRID / NWMLS · Updated Oct 2026