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$1,350,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago

Listed by Erich Bubbel | Compass | (425) 637-7777

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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.

Full Property Details for 3116 18th St

General

  • Price: $1,350,000
  • Taxes: $7,468 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2529127
  • Updated: 5/26/2026
  • Added to Site: 3 day(s) ago

Interior

  • Flooring: Laminate, See Remarks

Parking

  • Uncovered Spaces: 10

Location

  • Area: 740 - Everett/Mukilteo
  • County: Snohomish
  • Subdivision: Everett
  • Driving Directions: GPS

School Information

  • High School District: Everett

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 3,400
  • Year Built: 1979
  • Property Condition: Good

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Mountains
  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Lot Size Source: Public
  • Lot Dimensions: 6098
  • Lot Features: Corner Lot
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $7,468
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 556340503100

Listed by Erich Bubbel | Compass | (425) 637-7777

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Schools serving 3116 18th St

School District:Everett School District
NameGradesDistance
Garfield Elementary School, Everett, WA
2215 Pine Street, Everett, WA 98201
K-50.4 mi
North Middle School, Everett, WA
2514 Rainier Avenue, Everett, WA 98201
6-80.8 mi
Everett High School
2416 Colby Avenue, Everett, WA 98201
12-111.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3116 18th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/26/2026
Listed
$1,350,000
650%
MLS
2/14/1997
Sold
$180,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3116 18th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,541
34%
$856,300
25%
2023
$5,641
6%
$687,000
18%
2021
$5,345
—
$582,000
—
2022
$5,329
—
$582,000
22%
2021
$5,345
—
$478,000
—
2020
$5,366
7%
$478,000
7%
2019
$4,997
-2%
$448,000
7%
2018
$5,111
12%
$420,000
12%
2017
$4,582
20%
$375,000
14%
2016
$3,812
3%
$328,000
9%
2015
$3,702
-1%
$300,000
6%
2014
$3,755
—
$284,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Erich Bubbel | Compass | (425) 637-7777

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3116 18th Street, Everett, WA 98201 (MLS# 2529127) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3116 18th Street is currently listed for $1,350,000 and was received on May 26, 2026. Want to learn more about 3116 18th Street? Do you have questions about finding other Multi-Family real estate for sale in Everett Mall South? You can browse all Everett Mall South real estate or contact a Coldwell Banker agent to request more information.

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