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Kim Mulligan

kim.mulligan@engelvoelkers.com +1(206) 579-9066

Listed by:Opal Blue Real Estate, LLC • Grant Fosheim

$ 1,895,000

Est. payment -/mo

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2501 Rucker AVE Everett, WA 98201

12 Beds

8 Baths

6,200 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $305

Subdivision Downtown

MLS Listing ID 2583036

Style 55 - 5-9 Units

Bedrooms 12

Year Built 1965

Annual Tax Amount $10,993

Lot Size 7,405 Sqft

Property Sub-Type Multi Family

Property Description

Well-managed, well maintained 8-unit apartment building in Everett's highly desirable Bayside neighborhood, steps from the Port of Everett's ongoing waterfront redevelopment and minutes to Downtown Everett. Recent capital improvements include all-new hot water tanks, new garage doors, new exterior lighting, and restriped parking (2023–2026); 6 of 8 units renovated 2021–2026 with new double-pane vinyl windows, LVP flooring, fresh paint and other tasteful updates — leaving a new owner with minimal deferred maintenance and a building positioned for immediate, hands-off ownership. Unit mix of (4) 1bd/1ba and (4) 2bd/1ba units totaling 6,200 SF. 3-car secure garage plus 6 off-street stalls, on-site laundry, and private storage lockers for every unit. Minutes to Providence Regional Medical Center and I-5/SR-526, with strong access to Everett's growing employment base. 5.86% current cap / 6.47% market cap with approximately $14,280 in annual rent upside as units turn — a low-maintenance, professionally run asset that fits well as a standalone hold or as an easy addition to a growing multifamily portfolio.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood

Garage Spaces 3.0

View Y/N Yes

View Sound

Roof Type Composition

Building

Lot Description Alley, Corner Lot, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Everett

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/evHarIjGhxQ

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NEARBY SCHOOLS & PROPERTIES

Kim Mulligan

Real Estate Advisor

+1(206) 579-9066

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