Bought with: The Preview Group
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2011 Madison ST Everett, WA 98203
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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Everett
MLS Listing ID 2434260
Sold Date 09/01/26
Style 55 - 5-9 Units
Bedrooms 3
Year Built 1947
Annual Tax Amount $9,747
Lot Size 0.610 Acres
Lot Dimensions 221 x 203, Irregular
Property Sub-Type Multi Family
Property Description
Dynamic mixed-use asset in Everett's revitalizing urban core. Interurban Corner spans a 26,572 SF corner lot with alley access, 20+ parking spaces, and a 7,629 SF structure leased to stable local tenants—3 storefronts, 3 apartments, and 3 flex spaces. Current gross rent over $64K; pro forma $144K+ with light upgrades. Just 26.3% lot coverage—NB zoning + Opportunity Zone offer phased development potential. Steps from the Interurban Trail, future light rail, and new stadium district. A walkable, well-connected location with built-in income and big upside.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Flooring Concrete, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood
Amenities Available High Speed Internet
View Y/N Yes
View Territorial
Roof Type Flat
Building
Lot Description Alley, Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Everett
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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