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$1,120,000
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Property Description
Four-plex featuring four 2-bedroom units, offering a strong addition to any investment portfolio. This fully occupied property provides immediate rental income with the stability of established tenancy and assigned off-street parking for every unit. Two units feature private fenced yards, while the other two offer the convenience of walk-in closets, creating desirable amenities that help attract and retain tenants. Ideally situated in the popular Valley View area, this property combines a quiet residential setting with exceptional commuter convenience. Residents enjoy quick access to I-5, I-405, Boeing, Paine Field, and major employment centers throughout Everett, Lynnwood, and Bellevue, making it an attractive location for renters seeking an easy daily commute. The location is also close to everyday amenities, including shopping, dining, schools, parks, and recreation. Nearby attractions such as Everett Mall, Paine Field Airport, Mukilteo waterfront destinations, and numerous parks and trails add to the area's long-term rental appeal. Whether you're looking to expand your portfolio, complete a 1031 exchange, or secure a turnkey multifamily asset in a high-demand rental market, this Valley View fourplex offers a compelling combination of location, functionality, and income potential.
Full Property Details
Full Property Details for 7611 Ridgewood Dr
General
- Sold For: $1,120,000
- Taxes: $7,874 (2026)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2542706
- Added to Site: 68 day(s) ago
Interior
- Flooring: Vinyl, Carpet
Additional Information
- Amenities: Cable TV, Deck, Patio, RV Parking
Parking
- Uncovered Spaces: 6
- Parking Features: RV Parking
Location
- Area: 740 - Everett/Mukilteo
- County: Snohomish
- Subdivision: Valley View
- Driving Directions: GPS works perfectly.
School Information
- High School District: Everett
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: See Remarks
- Heating Type: Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood
- Foundation: Block
- Roof: Composition
- Stories in Building: 2
- Square Feet: 3,108
- Year Built: 1990
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size Source: Realist
- Lot Features: Corner Lot, Dead End Street, Paved
Green Features
- Energy Efficient: Thermal Windows
Financial Considerations
- Tax Amount: $7,874.64
- Tax Year: 2026
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: None
- Property ID: 603700000403
Listed by Chris Gurnee | eXp Realty | (206) 829-9154 and Ciaran Melly | eXp Realty | (206) 829-9154
Sold by Huong Nguyen | WeLakeside
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Schools
Schools serving 7611 Ridgewood Dr
School District:Everett School District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Everett, WA 8702 7th Avenue Southeast, Everett, WA 98208 | K-5 | 1.3 mi |
Evergreen Middle School, Everett, WA 7621 Beverly Lane, Everett, WA 98203 | 6-8 | 1.4 mi |
Cascade High School, Everett, WA 801 East Casino Road, Everett, WA 98203 | 9-11 | 1.1 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 7611 Ridgewood Dr
Date
Details
Price
Change
Source
8/24/2026
Sold
$1,120,000
-2.61%
MLS
6/18/2026
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7611 Ridgewood Drive, Everett, WA 98203 (MLS# 2542706) is a Multi-Family property that was sold at $1,120,000 on August 24, 2026. Want to learn more about 7611 Ridgewood Drive? Do you have questions about finding other Multi-Family real estate for sale in Everett? You can browse all Everett real estate or contact a Coldwell Banker agent to request more information.

