Evergreen Homes with 56 - 10+ Units Style

Welcome to Evergreen, a vibrant neighborhood nestled in the heart of Everett, Washington. Known for its lush greenery and welcoming community spirit, Evergreen offers an ideal blend of suburban tranquility and urban convenience. This charming area is characterized by its diverse range of homes, particularly those boasting 56 to 10+ unit styles, making it a sought-after locale for families, professionals, and investors alike.

As you stroll through Evergreen, you'll be captivated by the tree-lined streets and well-maintained parks that invite outdoor activities and family gatherings. The neighborhood is home to a variety of amenities, including local shops, cafes, and restaurants that showcase the unique flavors of the Pacific Northwest. For those who enjoy the great outdoors, Evergreen’s proximity to beautiful parks and recreational areas, such as the scenic Silver Lake Park, provides ample opportunities for hiking, picnicking, and enjoying nature.

Evergreen is also well-connected to Everett’s vibrant downtown, where you can explore cultural attractions, art galleries, and a bustling waterfront. The community is served by excellent schools and has a strong sense of camaraderie among residents, making it a great place to raise a family or forge lasting friendships.

With a range of housing options, including spacious multi-unit properties that cater to diverse lifestyles, Evergreen stands out as a prime location for those seeking both comfort and convenience. Whether you're looking to invest or settle down, Evergreen promises a fulfilling lifestyle surrounded by the beauty of Washington State. Come discover the charm of Evergreen and see why so many are proud to call it home!

Newest Evergreen Homes with 56 - 10+ Units Style

$2,300,000

2479732 MLS ⋅ ACTIVE Status

PRICE ADJUSTMENT -EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,300,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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