2011 Madison ST, Everett, WA 98203 - MLS#2434260

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Cassidy Thomas

cassidy@1realty.com +1(360) 739-4784

Listed by Windermere Real Estate Co.

$998,000

Est. payment - /mo

3 Beds

3 Baths

0.61 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Everett

MLS Listing ID 2434260

Style 55 - 5-9 Units

Bedrooms 3

Year Built 1947

Annual Tax Amount $9,747

Lot Size 0.610 Acres

Lot Dimensions 221 x 203, Irregular

Property Sub-Type Multi Family

Property Description

Dynamic mixed-use asset in Everett's revitalizing urban core. Interurban Corner spans a 26,572 SF corner lot with alley access, 20+ parking spaces, and a 7,629 SF structure leased to stable local tenants—3 storefronts, 3 apartments, and 3 flex spaces. Current gross rent over $64K; pro forma $144K+ with light upgrades. Just 26.3% lot coverage—NB zoning + Opportunity Zone offer phased development potential. Steps from the Interurban Trail, future light rail, and new stadium district. A walkable, well-connected location with built-in income and big upside.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Concrete, Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood

Amenities Available High Speed Internet

View Y/N Yes

View Territorial

Roof Type Flat

Building

Lot Description Alley, Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Everett

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

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Cassidy Thomas

+1(360) 739-4784

Agent | License ID: 132279

Agent License ID: 132279

2011 Madison ST Everett, WA 98203

Cassidy Thomas

Key Details

Location

Interior

Exterior

Building

Schools

Others

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