1907 37th Street, Everett, WA 98201
- $1,099,000
- 4,080
- SqFt
Listing courtesy of KW Everett.
- List Price
- $1,099,000
- Status
- ACTIVE
- MLS#
- 2533177
- Days on Market
- 56
- Style
- 54 - 4-Plex
- Building Condition
- Average
- Finished SqFt
- 4,080
- Area Total SqFt
- 4080
- Annual Tax Ammount
- 8700
- Lot Size (sq ft)
- 5,663
- Sewer
- Sewer Connected
Property Description
Great opportunity to own a purpose-built 4-plex in a convenient Everett location. This well-maintained property offers strong rental history with long-term tenants and additional upside through future value-add improvements. The building features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit has been fully remodeled with quartz countertops, updated kitchen and bath, in-unit washer/dryer, and forced air heating/cooling, providing a great example of potential for the remaining units. Major system updates include newer windows throughout and a replaced roof, helping reduce immediate capital expenses. Each unit includes off-street parking, adding to tenant convenience and appeal. Ideally located near the I-5 corridor, bus lines, and Everett AquaSox Stadium, with easy access to local coffee shops, restaurants, and everyday amenities. A solid investment with a blend of stability and opportunity.
Additional Information
- List Date
- 2026-06-02 16:25:13
- Community
- Memorial Stadium
- Net Operating Income
- $61,164
- Gross Adjusted Income
- $61,164
- Gross Scheduled Income
- $6,300
- Total Monthly Income
- $6,295
- Insurance Expenses
- $3,336
- Water/Sewer/Garbage Expenses
- $2,400
- Total Expenses
- $14,436
- Cap Rate
- 5.6
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 1907
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1978
- View
- Mountains, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially
- Energy Source
- Electric
- School District
- Everett
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,295
- Gross Scheduled Income
- $6,300
- Vacancy Rate
- 3
- Gross Adjusted Income
- $61,164
- Tax Year
- 2025
- Insurance Expense
- $3,336
- W/S/G Expenses
- $2,400
- Total Expenses
- $14,436
- Net Operating Income
- $61,164
- Cap Rate
- 5.6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.