Snohomish Homes with 42 - Multi-Family Style

Snohomish County, located in the state of Washington, is a beautiful region that offers an array of opportunities for real estate investment. Situated in the Pacific Northwest region of the United States, Snohomish County is known for its stunning natural landscapes, thriving communities, and a strong real estate market.

One of the popular housing options in Snohomish County is multi-family homes. These properties, often referred to as 42-style homes, provide an excellent investment opportunity for those looking to generate rental income or accommodate extended family members. With multiple units under one roof, multi-family homes offer flexibility and potential for a steady cash flow.

Investing in multi-family homes in Snohomish County can be a lucrative venture due to the high demand for rental properties in the area. The county's proximity to major cities like Seattle and Bellevue, combined with its scenic beauty and quality of life, make it an attractive place for people to live and work. This demand for housing ensures a steady stream of potential tenants, making multi-family homes a sound investment choice.

Additionally, Snohomish County offers a range of amenities and attractions for residents and visitors alike. From picturesque parks and hiking trails to vibrant downtown areas and cultural events, there is always something to explore and enjoy in this county.

If you are considering investing in real estate, especially multi-family homes, Snohomish County should be on your radar. With its strong housing market, beautiful surroundings, and thriving communities, it presents an excellent opportunity for both seasoned investors and first-time buyers.

Newest Snohomish Homes with 42 - Multi-Family Style

$285,000

2521971 MLS ⋅ ACTIVE Status

Explore all the potential to develop and invest in this “small but mighty” parcel. This corner of 47th Street and Evergreen Way (Highway 99) affords great visibility and access to one of the city’s most significant, busy arterials. Just 1.1 miles from Interstate 5 and 4.5 miles to the Boeing factory. Everett’s “Mixed Urban-15” zone allows for multifamily units, clinics, food/beverage, retail, or a combination for diversified income streams. This zoning can maximize lot coverage and expand vertically. Buyer to verify all options with the City of Everett. Nearby are bus stops for several transit lines, Claremont Village for essential shopping, and many other amenities. Previous home was removed long ago. Water and sewer lines remain on property, electric overhead, and natural gas lines run nearby. Access is off 47th Street, with a signal onto Evergreen Way. The 0.10 acre size is estimated per tax records, but a boundary survey is needed for accurate square footage and shape. Located in the Claremont/Glacier View neighborhood. Tour the property with care due to soft and uneven ground, etc. Visitors to property assume all risk and liability. Seller to review offers on August 31st, 2026 or sooner.

4629 Evergreen Way, Everett

Listing courtesy of KW Everett.

$1,400,000

2554069 MLS ⋅ ACTIVE Status

Court Ordered Sale! Builder/Investor alert! Five fully serviced residential lots in a great South Everett location just minutes from Boeing. Two lots include partially constructed ICF (Insulated Concrete Forms) homes—continue the energy-efficient build or re-permit for traditional framing. All utilities in place: sewer, water, power, fiber-optic, and storm. Owner has invested over $1M in entitlements. Zoning is LDMR (SFDU), ideal for low-density single-family development. Property is in Receivership (Case 25-2-05993-31) and all offers are subject to court approval.

2908 122nd Street SW, Everett

Listing courtesy of McCallen & Sons, Inc..

$800,000

2547694 MLS ⋅ ACTIVE Status

Rare Water-view development opportunity directly across from the Everett waterfront at 2501 W Marine View Drive. This 12,197 sq. ft. / 0.28-acre corner site is zoned UR4 – Urban Residential 4, described by the City of Everett as one of the city’s most flexible residential zoning districts. Potential uses may include apartments, townhomes, or multifamily residential, subject to City review and applicable development standards. Current development standards indicate up to 45 feet in building height, minimal setbacks, utility availability, and strong site flexibility. With waterfront proximity, access to transportation corridors, nearby employment centers, and continued redevelopment throughout Everett, this property offers an attractive opportunity for builders, developers, investors, and multifamily housing groups seeking a well-positioned urban infill site. Value is likely driven by future development potential rather than traditional land value alone. Buyer to verify all zoning, density, setbacks, utilities, environmental considerations, and development feasibility to their satisfaction.

2501 W Marine View Drive, Everett

Listing courtesy of eXp Realty.

$249,950

2547372 MLS ⋅ ACTIVE Status

Builder & Investor Alert! Exceptional opportunity to own a beautiful, level, cleared lot in the heart of Granite Falls. Zoned MR2500, this property offers outstanding development potential—build your dream home or explore multi-unit residential possibilities. Water, sewer, and power are conveniently available in the street, making development even easier. Ideally located close to shopping, schools, parks, dining, and all the amenities the charming City of Granite Falls has to offer. Don’t miss this rare investment opportunity!

Grand Street, Granite Falls

Listing courtesy of Coldwell Banker Danforth.

$749,950

2539186 MLS ⋅ ACTIVE Status

Nice Affordable Lynnwood building lot for 8 units or 10 cottages, Property is now zoned RN, Request development guideline attachments for more info, Lynnwood table 8.30.03 complying with HB1110 has the density unit yield request code, Unit lot subdivision is also permitted, listing agent can assist with questions, House is of no value, Feel free to walk the lot !

20430 52nd Avenue W, Lynnwood

Listing courtesy of Windermere Real Estate Co..

$3,200,000

2540713 MLS ⋅ ACTIVE Status

Luna Apartments is a 47 unit shovel ready multifamily development opportunity located at 3012 and 3016 Everett Ave in downtown Everett, WA. The offering provides a buyer the opportunity to acquire a level 0.36 acre urban infill development site with MU4 zoning, a 12 year MFTE structure, completed plan sets, and substantial predevelopment work already completed. Building and public works permits are approved pending final covenant processing. The project has been advanced through the most time intensive portions of design and City review, including architectural, civil, structural, landscape, engineering, and permit coordination. Rather than starting with raw land or an early stage entitlement process, a buyer can step into a project that is positioned for near term execution. The planned unit mix includes 47 apartments designed for downtown Everett renter demand, with efficient micro, studio, one bedroom, one bedroom plus den, and two bedroom units. The development is positioned to serve workforce housing demand in a downtown location with access to employment, transit, services, I-5, Highway 2, the Port of Everett, Paine Field, Everett Station, Providence Regional Medical Center, and other North Puget Sound employment drivers.

3016 Everett Avenue, Everett

Listing courtesy of RE/MAX Elite.

$350,000

2538828 MLS ⋅ ACTIVE Status

Attention builders, investors, and developers. Opportunities like this are becoming harder to find in Lake Stevens. Situated on 3.52 acres in the heart of town with SR (MDR) zoning, this property offers exceptional visibility along a major arterial and sits directly across from the lake. Whether you're envisioning residential development, cottage housing, or lodging opportunities (buyer to verify), the location and zoning create incredible potential. Must have confirmed showing time.

Lundeen Parkway, Lake Stevens

Listing courtesy of RE/MAX Elite.

$275,000

2516303 MLS ⋅ ACTIVE Status

Directly across from Costco at the critical junction of 20th StSE and Hwy 99, this 0.21 AC parcel sits at the highest-volumearterial intersection in the city. While currently Zoned R6, theproperty’s position at the primary north-south and east-westtransit point makes it a unique candidate for high-visibilityresidential—including potential for a tri-plex (Buyer to verify).The site captures the maximum traffic flow feeding the region’sretail core and the growing Marysville, Lake Stevens, andGranite Falls trade areas. This is a rare opportunity to acquirea “Main-and-Main” footprint at the absolute center of thecity’s infrastructure, offering strategic value for residential orspecialty-use development in a high-demand corridor.

1926 94TH Drive SE, Lake Stevens

Listing courtesy of Northland Real Estate.

$1,295,000

2503477 MLS ⋅ ACTIVE Status

Exceptional development opportunity in Mukilteo School District! Adjacent to Paine Field with easy access to Boeing 767 aircrafts. Conveniently located by Mukilteo Ferry terminal, Walter Hall Golf Course & Everett Marina. Be apart of the rapidly growing & expanding of the city of Everett! Zoned UR3 for multi family, townhomes & potential industrial or commercial use. 1.81 acres of level, undeveloped land for your vision. Buyer to verify all information.

0 XXX 18th Avenue W, Everett

Listing courtesy of Windermere Real Estate Midtown.

$420,000

2483868 MLS ⋅ ACTIVE Status

Rare bluff-front acreage in Arlington! This level, scenic parcel offers stunning panoramic views of the Cascade Mountains and sits adjacent to Terrace Park. Enjoy ultimate privacy in a secluded setting, while being just a short walk from Downtown Arlington’s shops and dining. Zoned RHD (Residential High Density), providing significant long-term investment potential. High-density development is subject to the buyer obtaining road access from E Division. Perfect for a private estate or a savvy developer looking to unlock value in a prime location. Level topography makes for an ideal building site. Buyer to verify all utilities and future use options to their satisfaction. Scarcity and views—don’t miss out!

530 Washington Ave N, Arlington

Listing courtesy of Realty One Group Orca.

$990,000

2466872 MLS ⋅ ACTIVE Status

Exceptional vacant corner lot opportunity zoned MU15 in the City of Everett, allowing high density mixed use development with the potential to build up to fifteen stories. This highly visible corner location offers added design flexibility, access, and frontage, making it especially attractive for residential, commercial, or mixed use projects. Situated along the Broadway corridor with proximity to transit, major arterials, employment centers, and downtown Everett amenities. MU15 zoning supports significant future development potential, making this an excellent option for builders, developers, or investors seeking long term upside. Bring your offer today!

3401 Broadway Avenue, Everett

Listing courtesy of John L. Scott Snohomish.

$350,000

2437061 MLS ⋅ ACTIVE Status

Great Investment Opportunity in Fast-growing area of Everett, WA. Excellent visibility from both directions on E Marine View Dr. Everett zoning allow for a 4-story Multi Family Development. Building area is fully Leveled and construction-ready. Don't miss this opportunity to be a part of Everett's continued growth in the coming years!

1409 E Marine View Drive, Everett

Listing courtesy of Best Choice Realty LLC.

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