Evergreen Homes with 56 - 10+ Units Style

Welcome to Evergreen, a vibrant neighborhood nestled in the heart of Everett, Washington, within the picturesque Snohomish County. Known for its lush landscapes and friendly atmosphere, Evergreen is a hidden gem that perfectly balances suburban tranquility with easy access to urban conveniences.

As you stroll through the tree-lined streets of Evergreen, you’ll discover a diverse array of homes, including charming residences with 56 to 10+ units that cater to a variety of lifestyles. Whether you're seeking a cozy apartment for a first-time homebuyer or a spacious unit for a growing family, Evergreen has something for everyone. The architectural styles range from modern townhouses to classic multi-family buildings, providing both comfort and community.

One of the standout features of Evergreen is its access to nature. Residents enjoy proximity to beautiful parks, walking trails, and the stunning views of the nearby Cascade Mountains. The neighborhood is also conveniently located near local amenities, including shopping centers, schools, and dining options that reflect the rich cultural tapestry of the area.

Evergreen is not just a place to live; it’s a community where neighbors become friends. The welcoming atmosphere is evident in the community events that bring residents together, fostering a sense of belonging. With its combination of beautiful homes, scenic surroundings, and a strong community spirit, Evergreen is an ideal place to call home. Explore the possibilities in this enchanting neighborhood and discover the perfect blend of comfort and convenience in Everett, WA!

Newest Evergreen Homes with 56 - 10+ Units Style

$2,300,000

2479732 MLS ⋅ ACTIVE Status

PRICE ADJUSTMENT -EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,300,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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