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$1,100,000
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Property Description
Rare opportunity in a great location! Two structures on one 9500 square foot lot. The single family home was the original structure and was built in 1910. The four-plex was built in 1988 on the south side of the parcel. Alley access with 8 parking spaces. Currently, the property is dramatically under-capitalized. Some clean-up and updating could lead to positive cash flow once fully rented. The financial information provided is mostly hypothetical, but based on conservative market expectations. This is a fantastic "sweat equity" opportunity. Rent all five units or live in the house and have rental income from the 4-plex. It may be permissible to separate the two buildings...buyer to verify to their own satisfaction. Coin operated laundry.
Full Property Details
Full Property Details for 3718 Wetmore Ave
General
- Sold For: $1,100,000
- Taxes: $9,103 (2024)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2388279
- Added to Site: 397 day(s) ago
Interior
- Flooring: Laminate, Vinyl, Carpet
Additional Information
- Amenities: Cable TV, Fenced-Fully, Gas Available, High Speed Internet
- Security/Safety: Fully Fenced, Security System
Parking
- Uncovered Spaces: 8
Location
- Area: 740 - Everett/Mukilteo
- County: Snohomish
- Subdivision: Downtown
- Driving Directions: Broadway Avenue Exit from 1-5 north. Left off of Broadway onto 37th Street. Left onto Wetmore Aveune.
School Information
- High School District: Everett
- Elementary School: Jackson Elem
- Middle School: North Mid
- High School: Everett High
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood
- Foundation: Pillar/Post/Pier, Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 4,100
- Year Built: 1910
Unit Information
- Units in Building: 5
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size Source: Public Record
- Lot Features: Paved, Sidewalk
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $9,103
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 451402502200
Listed by Dan Gunderson | Windermere Real Estate M2 LLC | (425) 338-0600
Sold by Frank J. Hammer | Town Center Realty
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Schools
Schools serving 3718 Wetmore Ave
School District:Everett School District
| Name | Grades | Distance |
|---|---|---|
Jackson Elementary School, Everett, WA 3700 Federal Avenue, Everett, WA 98201 | K-5 | 0.5 mi |
North Middle School, Everett, WA 2514 Rainier Avenue, Everett, WA 98201 | 6-8 | 1.2 mi |
Everett High School 2416 Colby Avenue, Everett, WA 98201 | 12-11 | 1.2 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 3718 Wetmore Ave
Date
Details
Price
Change
Source
6/01/2026
Sold
$1,100,000
-8.33%
MLS
7/14/2025
Price Reduced
$1,199,950
-7.7%
MLS
6/05/2025
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3718 Wetmore Avenue, Everett, WA 98201 (MLS# 2388279) is a Multi-Family property that was sold at $1,100,000 on June 01, 2026. Want to learn more about 3718 Wetmore Avenue? 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.

