Everett 4 Unit: 6.37% 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 NRSF) 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: $48K (8/5)
$1,250,000
3116 18th Street, Everett, WA 98201
8beds
4baths
3,400sqft
Quadruplex, Multi Family
Built in 1979
-- sqft lot
$1,215,000 Zestimate®
$368/sqft
$-- HOA
What's special
On-site laundryForced air heatingCopper and abs plumbingGe electrical panels
- 89 days |
- 211 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Erich Bubbel,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2529127
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, Multi Family
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: $368/sqft
- Tax assessed value: $865,000
- Annual tax amount: $7,468
- Date on market: 5/25/2026
- Cumulative days on market: 91 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$1,215,000
$1.15M - $1.28M
$1,922/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $1,250,000-3.7%$368/sqft |
Source:  NWMLS as distributed by MLS GRID #2529127 Report a problem | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
- $465,0003 bd3 ba1.5k sqft1825 Walnut St #B, Everett, WA 98201Sold
- $574,9953 bd2 ba1k sqft3205 19th St #B, Everett, WA 98201Sold
- $674,0003 bd3 ba1.4k sqft3205 19th St, Everett, WA 98201Sold
- $505,0002 bd1 ba936 sqft3215 19th St, Everett, WA 98201For Sale
- $450,0003 bd2 ba1.2k sqft3013 19th St, Everett, WA 98201Sold
- $500,0002 bd2 ba904 sqft3004 18th St, Everett, WA 98201Sold
- $590,0003 bd2 ba1.3k sqft1708 Walnut St, Everett, WA 98201Sold
- $437,9002 bd1 ba748 sqft3004 17th St NE, Everett, WA 98201Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $1,150,0006 bd5 ba3.3k sqft2519 Baker Avenue, Everett, WA 98201Active
MLS ID #2547331, Grant Fosheim. NWMLS as distributed by MLS GRID - $1,195,0005 bd5 ba3k sqft2232 Hoyt Avenue, Everett, WA 98201Active
MLS ID #2547568, Grant Fosheim. NWMLS as distributed by MLS GRID - $1,099,0007 bd4 ba4k sqft1907 37th Street, Everett, WA 98201Active
MLS ID #2533177, Danielle Robinett. NWMLS as distributed by MLS GRID - $850,0006 bd3 ba2.7k sqft2326 McDougall Avenue, Everett, WA 98201Active
MLS ID #2567996, Dan Tapia. NWMLS as distributed by MLS GRID - $875,0005 bd4 ba3.3k sqft2516 Rockefeller Avenue #A, B, Everett, WA 98201ActiveMLS ID #2542338, Joseph Douglas Drazich. NWMLS as distributed by MLS GRID
- $850,0009 bd3 ba3.2k sqft3732 Rockefeller Avenue, Everett, WA 98201ActiveMLS ID #2527561, Samantha Boit. NWMLS as distributed by MLS GRID
- $1,200,0008 bd4 ba3.7k sqftWoodgate, Marysville, WA 98270ActiveMLS ID #2519620, Heidi Bardue. NWMLS as distributed by MLS GRID
- $1,399,9995 bd3 ba3.5k sqft419 Rockefeller Avenue, Everett, WA 98201ActiveMLS ID #2558345, Christine M Hill. NWMLS as distributed by MLS GRID
- $1,099,9995 bd4 ba3.1k sqft901 Brentwood Place, Everett, WA 98203ActiveMLS ID #2553115, Miles Lamb. NWMLS as distributed by MLS GRID
- $1,099,9958 bd4 ba3.7k sqft1309 Wildwood Street #A/B/CD, Marysville, WA 98270ActiveMLS ID #2559003, Jason Allen Stricevich. NWMLS as distributed by MLS GRID
- $899,0005 bd3 ba3.3k sqft3520 Everett Avenue, Everett, WA 98201ActiveMLS ID #2444282, Marcus Butler. NWMLS as distributed by MLS GRID
- $1,325,0005 bd3 ba3.7k sqftNovelty Hill, Lake Stevens, WA 98258ActiveMLS ID #2558670, Crystal Dickerson. NWMLS as distributed by MLS GRID
- $919,5006 bd3 ba2.8k sqft6015 Dexter Avenue #A/B, Everett, WA 98203ActiveMLS ID #2539287, Jason Allen Stricevich. NWMLS as distributed by MLS GRID
- $699,0005 bd2 ba2k sqftAltamont Add, Everett, WA 98201ActiveMLS ID #2534743, Liz Nguyen. NWMLS as distributed by MLS GRID
- $899,0005 bd4 ba2.9k sqftVictory Heights Add, Everett, WA 98203ActiveMLS ID #2570608, Julia Galleher. NWMLS as distributed by MLS GRID
- $850,0006 bd4 ba2.4k sqft5620 61st Street NE #A & B, Marysville, WA 98270ActiveMLS ID #2571134, Lynee C. Brown. NWMLS as distributed by MLS GRID
- $950,0006 bd6 ba3.7k sqft938 Quinn Avenue, Marysville, WA 98270ActiveMLS ID #2572116, Lance Otto. NWMLS as distributed by MLS GRID
- $759,9055 bd3 ba2.2k sqftVestal And Whitfield's First Addition To The City, Everett, WA 98201ActiveMLS ID #2568944, Daniel Pittsenbarger. NWMLS as distributed by MLS GRID
- $1,200,0005 bd4 ba4.4k sqft11215 29th Street SE, Lake Stevens, WA 98258ActiveMLS ID #2551613, Matthew Stark. NWMLS as distributed by MLS GRID
- $1,590,0007 bd2 ba2.5k sqft10215 & 10115 56th Street SE, Snohomish, WA 98290ActiveMLS ID #2564924, Tate Campbell. NWMLS as distributed by MLS GRID
