Evergreen Homes with 56 - 10+ Units Style

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 serene landscapes, Evergreen offers an inviting atmosphere that perfectly balances suburban tranquility with urban convenience. This charming community is renowned for its friendly residents, making it an ideal place for families, professionals, and retirees alike.

Evergreen boasts a diverse selection of homes, particularly those with 56 to 10+ units, which cater to various lifestyles and preferences. Whether you're looking for a cozy townhouse or a spacious multi-family residence, you'll find a range of options that suit your needs. The architectural styles here are as varied as the residents themselves, featuring everything from modern designs to classic, timeless exteriors.

One of the standout features of Evergreen is its proximity to nature. With several parks and recreational areas nearby, residents can enjoy hiking, biking, and picnicking amidst beautiful surroundings. The neighborhood also benefits from excellent schools, shopping centers, and dining options, ensuring that everything you need is just a stone's throw away.

Evergreen's strategic location makes commuting a breeze, with easy access to major highways and public transportation. This connectivity opens up a world of opportunities for work and leisure in the greater Seattle area.

In Evergreen, you’re not just buying a home; you’re investing in a lifestyle. Come explore this delightful neighborhood and discover why so many choose to call Evergreen 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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