Everett/Mukilteo Homes with 56 - 10+ Units Style

Everett/Mukilteo Homes with 56 - 10+ Units Style

Welcome to the enchanting region of Everett and Mukilteo, nestled in the picturesque Snohomish County of Washington State. This vibrant area is a perfect blend of urban convenience and natural beauty, offering residents a unique lifestyle that caters to both relaxation and adventure.

Everett, known for its rich maritime heritage, boasts a stunning waterfront along Puget Sound, where you can enjoy scenic walks, charming parks, and a thriving arts scene. The city is home to the Future of Flight Aviation Center, where aviation enthusiasts can marvel at the wonders of flight and Boeing’s impressive assembly plant. Meanwhile, Mukilteo is renowned for its serene beaches, breathtaking views of the Olympic Mountains, and the iconic Mukilteo Lighthouse Park, making it a favorite for outdoor enthusiasts and families alike.

For those seeking spacious living arrangements, homes with 56 to 10+ units in this region offer an incredible opportunity. These multifamily properties are perfect for investors looking to tap into the growing rental market, or for buyers seeking to create a community-oriented lifestyle. With a variety of layouts and amenities, these homes provide the perfect backdrop for creating lasting memories with friends and family.

The Everett and Mukilteo area is also conveniently located near major highways and public transportation, ensuring easy access to Seattle and beyond. With its blend of urban amenities and natural beauty, this region is not just a place to live; it’s a place to thrive. Come explore the possibilities and discover your dream home in Everett or Mukilteo today!

Newest Everett/Mukilteo 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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