Everett 4 Unit: 6.35% cap rate. One unit vacant, making this ideal for an owner-occupier to live in one unit while the remaining three cover the mortgage. Long-term tenants in place providing stability and reliable cash flow. All units are 2BD/1BA at 850 SF each (3,400 NRA) on a 6,098 SF lot. Infrastructure highlights include a 4-year-old roof, copper and ABS plumbing, and GE electrical panels, minimizing near-term cap-ex and providing peace of mind for the incoming investor. Units feature forced air heating, on-site laundry, and two units have back patios. 10 parking spaces (2.5/unit) adds convenience and tenant retention value. Upside available through strategic market rent adjustments as the surrounding Everett market continues to grow — making this an ideal core hold for any investor seeking steady income with long-term appreciation potential.
Active
Listed by: COMPASS • Erich Bubbel
Price cut: $52K (7/2)
$1,298,000
3116 18th Street, Everett, WA 98201
8beds
4baths
3,400sqft
Quadruplex
Built in 1979
-- sqft lot
$1,250,300 Zestimate®
$382/sqft
$-- HOA
What's special
On-site laundryForced air heatingCopper and abs plumbingGe electrical panels
- 44 days |
- 174 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Erich Bubbel,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2529127
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Forced Air, Electric
Cooling
- None
Features
- Flooring: Laminate, See Remarks
- Has fireplace: No
Interior area
- Total structure area: 3,400
- Total interior livable area: 3,400 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Uncovered spaces: 10
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 6,098 Square Feet
- Dimensions: 6098
- Features: Corner Lot
Details
- Parcel number: 00556340503100
- Zoning description: Multi-Family,Jurisdiction: See Remarks
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1979
- Major remodel year: 1979
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Everett
Location
- Region: Everett
Financial & listing details
- Price per square foot: $382/sqft
- Tax assessed value: $865,000
- Annual tax amount: $7,468
- Date on market: 5/25/2026
- Cumulative days on market: 46 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$1,250,300
$1.19M - $1.31M
$2,029/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $1,298,000-3.9%$382/sqft |
Source:  NWMLS as distributed by MLS GRID #2529127 Report a problem | ||
| 5/26/2026 | Listed for sale | $1,350,000+650%$397/sqft |
Source: NWMLS as distributed by MLS GRID #2529127 Report a problem | ||
| 9/16/2024 | Listing removed | $1,790$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/17/2024 | Listed for rent | $1,790+2.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/16/2023 | Listed for rent | $1,750-4.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/24/2023 | Listed for rent | $1,830+7.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/21/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/28/2022 | Price change | $1,700-1.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/21/2022 | Price change | $1,730-1.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/19/2022 | Price change | $1,750-1.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/14/2022 | Price change | $1,780+1.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/29/2022 | Price change | $1,750-1.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/23/2022 | Listed for rent | $1,780+11.9%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/4/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/2/2021 | Listed for rent | $1,590+13.6% |
Source: Zillow Rental Manager Report a problem | ||
| 2/25/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/7/2020 | Listing removed | $1,400 |
Source: Owner Report a problem | ||
| 8/27/2020 | Price change | $1,400-1.4% |
Source: Owner Report a problem | ||
| 7/27/2020 | Listed for rent | $1,420+3.6% |
Source: Owner Report a problem | ||
| 9/18/2019 | Listing removed | $1,370 |
Source: Owner Report a problem | ||
| 9/8/2019 | Listed for rent | $1,370 |
Source: Owner Report a problem | ||
| 2/14/1997 | Sold | $180,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,541 +2.5% | $865,000 +1% |
| 2023 | $7,354 +30.4% | $856,300 +24.6% |
| 2022 | $5,641 +5.9% | $687,000 +18% |
| 2021 | $5,329 -0.3% | $582,000 +8.2% |
| 2020 | $5,345 -0.4% | $538,000 +12.6% |
| 2019 | $5,366 | $478,000 +6.7% |
| 2018 | -- | $448,000 +19.5% |
| 2017 | $5,111 +38.1% | $375,000 +14.3% |
| 2016 | $3,702 | $328,000 +9.3% |
| 2015 | $3,702 -1.9% | $300,000 +11.1% |
| 2013 | $3,775 | $270,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,796 -0.6% | $180,000 |
| 2000 | $2,813 | $180,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Delta
Nearby schools
GreatSchools rating
- 7/10Garfield Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10North Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Everett High SchoolGrades: 9-12Distance: 1.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Snohomish County
- Everett
- 98201
- Delta
- 3116 18th Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Everett Topics
