Rare opportunity in a great location! Two structures on one 9500 square foot lot. The single family home was the original structure and was built in 1910. The four-plex was built in 1988 on the south side of the parcel. Alley access with 8 parking spaces. Currently, the property is dramatically under-capitalized. Some clean-up and updating could lead to positive cash flow once fully rented. The financial information provided is mostly hypothetical, but based on conservative market expectations. This is a fantastic "sweat equity" opportunity. Rent all five units or live in the house and have rental income from the 4-plex. It may be permissible to separate the two buildings...buyer to verify to their own satisfaction. Coin operated laundry.
Sold
Listed by: Windermere Real Estate/M2, LLC
Bought with: Town Center Realty
$1,100,000
3718 Wetmore Avenue, Everett, WA 98201
11beds
5baths
4,100sqft
Quadruplex
Built in 1910
-- sqft lot
$-- Zestimate®
$268/sqft
$2,279 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,279/mo
Zestimate® history
Owner options
List your home for rent
$2,279/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,279/mo
Rent Zestimate®
Refinance and save
$6,580/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$6,580/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Daniel Gunderson,
Windermere Real Estate/M2, LLC
Bought with:
Frank J. Hammer, 46420
Town Center Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2388279
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
Heating
- Baseboard, Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 4,100
- Total interior livable area: 4,100 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Lot
- Size: 9,583 sqft
- Features: Paved, Sidewalk, Cable TV, Fenced-Fully, Gas Available, High Speed Internet
Details
- Parcel number: 00451402502200
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1910
- Major remodel year: 1988
Utilities & green energy
- Electric: Company: Snohomish County PUD
- Sewer: Sewer Connected, Company: City of Everett
- Water: Public, Company: City of Everett
Community & neighborhood
Location
- Region: Everett
- Subdivision: Downtown
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 59 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Sold | $1,100,000-8.3%$268/sqft |
Source:  NWMLS as distributed by MLS GRID #2388279 Report a problem | ||
| 8/2/2025 | Pending sale | $1,199,950$293/sqft |
Source: NWMLS as distributed by MLS GRID #2388279 Report a problem | ||
| 7/14/2025 | Price change | $1,199,950-7.7%$293/sqft |
Source: NWMLS as distributed by MLS GRID #2388279 Report a problem | ||
| 6/5/2025 | Listed for sale | $1,300,000+1371.4%$317/sqft |
Source: NWMLS as distributed by MLS GRID #2388279 Report a problem | ||
| 12/3/1997 | Sold | $88,350$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,153 +0.5% | $1,050,000 -0.9% |
| 2023 | $9,103 +9.5% | $1,060,000 +4.7% |
| 2022 | $8,310 -2.3% | $1,012,000 +8.9% |
| 2021 | $8,506 -2.3% | $929,000 +6.1% |
| 2020 | $8,702 -4.4% | $876,000 +8% |
| 2019 | $9,104 | $811,000 +9% |
| 2018 | -- | $744,000 +34.3% |
| 2017 | $7,484 +35.1% | $554,000 +10.1% |
| 2016 | $5,540 | $503,000 +12% |
| 2015 | $5,540 -5.4% | $449,000 +7.2% |
| 2013 | $5,859 | $419,000 |
| 2012 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: Port Gardner
Nearby schools
GreatSchools rating
- 7/10Jackson Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10North Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Everett High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Jackson Elem
- Middle: North Mid
- High: Everett High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Washington
- Snohomish County
- Everett
- 98201
- Port Gardner
- 3718 Wetmore Avenue
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Everett Topics
