Everett Homes with 54 - 4-Plex Style

Everett, a vibrant city in Washington state, is a fantastic place to call home. Located in Snohomish County, this city offers a perfect blend of natural beauty, urban amenities, and a thriving community. Whether you are a first-time homebuyer, a growing family, or an investor, Everett has something to offer for everyone.

One of the exciting real estate options in Everett is the availability of homes with a 54-4 Plex style. These properties are an excellent investment opportunity, especially for those looking to generate rental income. The 4-Plex style refers to a building that consists of four separate units, each with its own entrance and amenities. This style of housing is perfect for individuals or families who desire privacy and independence while still enjoying the benefits of a close-knit community.

Investing in a 54-4 Plex style home in Everett offers several advantages. Firstly, it provides multiple streams of rental income, which can be a significant financial benefit. Additionally, these properties tend to appreciate in value over time, making them a wise long-term investment.

Moreover, Everett itself is a desirable location for residents and renters alike. The city boasts a thriving job market, with opportunities in industries such as aerospace, healthcare, and technology. Its proximity to Seattle, just a short drive south, offers access to even more employment opportunities and cultural attractions.

When it comes to amenities, Everett has it all. From beautiful parks and recreational areas to trendy restaurants and shopping centers, residents can enjoy a high quality of life. The city is also home to a vibrant arts and culture scene, with theaters, museums, and galleries to explore.

In conclusion, Everett is a city that offers the best of both worlds – a close-knit community feel and access to urban amenities. The availability of homes with a 54-4 Plex style makes it an attractive option for investors and those looking for a unique housing opportunity. With its thriving economy, natural beauty, and diverse range of activities, Everett is a city worth considering for your next real estate venture.

Newest Everett Homes with 54 - 4-Plex Style

$1,499,000

2558436 MLS ⋅ ACTIVE Status

Rare opportunity, newer 2001 4-plex investment in a prime Everett location! Option to live in one unit while your tenants pay your mortgage. This well-maintained multifamily property offers an impressive 5,117 square feet of living space. The upper-level features two spacious 3-bedroom units, each offering an exceptional 1,492 square feet of living space. The ground level includes two well-designed 2-bedroom units, each with 1,066.5 square feet. Tenants also enjoy access to a large 851-square-foot, 4-car garage located at the rear of the property. Each unit has been recently refreshed with new interior paint, carpet, blinds, countertops, and hardwired smoke and carbon monoxide detectors, making this a truly turnkey investment. Conveniently located just minutes from I-5, the new YMCA, shopping, dining, and the vibrant Everett Waterfront, this property offers excellent accessibility and strong tenant appeal. With low-maintenance construction, all appliances included, and the potential for approximately a 6.4% cap rate, this is an outstanding long-term investment opportunity. Listing agent is also a property manager and can assist with future placements and management for a lower negotiated fee. Buyer to verify all information to their satisfaction.

3426 Oakes Avenue, Everett

Listing courtesy of Gilpin Realty, Inc..

$825,000

2527393 MLS ⋅ ACTIVE Status

Well-positioned Grand Ave fourplex in the heart of Everett, just minutes from the waterfront, downtown Everett, Providence, transit, restaurants, and commuter routes. Originally built in 1915 with an effective year built of 1980, the property also benefits from updated electrical and plumbing. Desirable unit mix includes two 2-bedroom units and two 1-bedroom units, with approximate unit sizes of 1,000 SF, 860 SF, 800 SF, and 650 SF. Upper units enjoy city, mountain, and territorial views. The large partially finished basement provides coin-op laundry income, individual storage lockers for each unit, a separate toilet/bathroom area, and an oversized fenced storage area with potential for additional monthly income. A clean, practical Everett multifamily asset with multiple income streams and room for continued upside. Rents are low. Roof replaced in 2019. Upgraded Electrical, Copper plumbing.

3210 Grand Avenue, Everett

Listing courtesy of Keller Williams Realty Bothell.

$1,099,000

2533177 MLS ⋅ ACTIVE Status

Great opportunity to own a purpose-built 4-plex in a convenient Everett location. This well-maintained property offers strong rental history with long-term tenants and additional upside through future value-add improvements. The building features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit has been fully remodeled with quartz countertops, updated kitchen and bath, in-unit washer/dryer, and forced air heating/cooling, providing a great example of potential for the remaining units. Major system updates include newer windows throughout and a replaced roof, helping reduce immediate capital expenses. Each unit includes off-street parking, adding to tenant convenience and appeal. Ideally located near the I-5 corridor, bus lines, and Everett AquaSox Stadium, with easy access to local coffee shops, restaurants, and everyday amenities. A solid investment with a blend of stability and opportunity.

1907 37th Street, Everett

Listing courtesy of KW Everett.

$1,298,000

2529127 MLS ⋅ ACTIVE Status

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.

3116 18th Street, Everett

Listing courtesy of COMPASS.

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.