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2011 Madison Street Everett, WA $ 998,000
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$ 998,000 Get more info
2011 Madison Street
$ 998,000
Back to search
Share Save

2011 Madison Street

Everett, WA, 98203
$ 998,000
Baths0.0

Monthly Estimate*

$ 6,226

Listed by Windermere Real Estate Co.
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Studio

Multi-Family Home for sale in Everett, WA

for $998,000. This home was built in 1947 on a lot size of 0.61.

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.

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Multi-Family Pending

Price

$ 998,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,747

Style

5-9 Units

Lot Size

0.61

Year Built

1947

Town/City

Everett

County/Region

Snohomish

MLS | Web ID

2434260
Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling Wall Unit(s)
Possession Closing See Remarks Subject to Tenant Rights
Roof Flat
HOA Fee 0
Year Built 1947
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Snohomish
Net Operating Income 40359
Insurance Expense 6623
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Everett
Possible Use Multi-Family Residential Retail See Remarks
Special Listing Conditions None
Status Pending Feasibility
Directions use maps
City Everett
Senior Community Y/N N
High School District Everett
Zoning Description Multi-Family Residential Retail See Remarks
Open Parking Spaces 20
Number Of Units Total 6
MLS Area 740 - Everett/Mukilteo
Lot Size Units Square Feet
Lot Size Square Feet 26572
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out
Tax Annual Amount 9747
Electric Expense 1040
Fuel Expense 0
Public Remarks Dynamic mixed-use asset in Everetts 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 tenant
Leasable Area 7638
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Amenities See Remarks Storage
Water Company Everett Public Works
Units Below Grade false
Units In Building Total 9
Water Sewer Garbage 1086
Property Style 55 - 5-9 Units
Cap Rate 4
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Exterior
Exterior Amenities Brick Wood
Lot Features Alley Corner Lot Curbs Open Space Paved Sidewalk Value In Land
Water Source Public
Total Parking 20
Building Area Total 0
Lot Dimensions 221 x 203 Irregular
Lot Size Acres 0.61
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features High Speed Internet
Parking Uncovered Spaces 20
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Interior
Flooring Concrete Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2434260
Street Number 1 2011
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* Excluded Features
List By
Edward Krigsman

Listing Agent

Windermere Real Estate Co.

Broker

Affordability Calculator

$7,038
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,226
Monthly Property Taxes
$812
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256896 Elementary School
256661 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/16/2025$998,000 Listed Price

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2011 Madison Street, Everett, WA, 98203 is a Multi-Family Home for sale at $998,000 with a lot size of 0.61. 2011 Madison Street is a studio with 0.0 baths and was built in 1947. The property's zip code is 98203 which is in Everett, WA

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