7611 Ridgewood Drive Everett, WA $ 1,150,000
7611 Ridgewood Drive
$ 1,150,000
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7611 Ridgewood Drive

Everett, WA, 98203
$ 1,150,000
Baths0.0 Sq 3,108

Monthly Estimate*

$ 7,081

Listed by eXp Realty
7611 Ridgewood Drive, Everett, WA 98203 - Image 1
7611 Ridgewood Drive, Everett, WA 98203 - Image 2
Studio

Multi-Family Home for sale in Everett, WA

for $1,150,000. This 3,108 square foot home was built in 1990 on a lot size of 0.15.

Four-plex featuring four 2-bedroom units, offering a strong addition to any investment portfolio. This fully occupied property provides immediate rental income with the stability of established tenancy and assigned off-street parking for every unit. Two units feature private fenced yards, while the other two offer the convenience of walk-in closets, creating desirable amenities that help attract and retain tenants. Ideally situated in the popular Valley View area, this property combines a quiet residential setting with exceptional commuter convenience. Residents enjoy quick access to I-5, I-405, Boeing, Paine Field, and major employment centers throughout Everett, Lynnwood, and Bellevue, making it an attractive location for renters seeking an easy daily commute. The location is also close to everyday amenities, including shopping, dining, schools, parks, and recreation. Nearby attractions such as Everett Mall, Paine Field Airport, Mukilteo waterfront destinations, and numerous parks and trails add to the area's long-term rental appeal. Whether you're looking to expand your portfolio, complete a 1031 exchange, or secure a turnkey multifamily asset in a high-demand rental market, this Valley View fourplex offers a compelling combination of location, functionality, and income potential.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,874

Style

4-Plex

Lot Size

0.15

Year Built

1990

Town/City

Everett

County/Region

Snohomish

MLS | Web ID

2542706

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling See Remarks
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1990
Property Subtype Multi Family
Tax Year 2026
County Snohomish
Net Operating Income 59211
Insurance Expense 1926
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Valley View
Special Listing Conditions None
Status Active
Directions GPS works perfectly.
City Everett
Senior Community Y/N N
High School District Everett
Number Of Units Total 4
MLS Area 740 - Everett/Mukilteo
Lot Size Units Square Feet
Lot Size Square Feet 6534
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA
Tax Annual Amount 7874.64
Electric Expense 0
Fuel Expense 0
Public Remarks Four-plex featuring four 2-bedroom units offering a strong addition to any investment portfolio. This fully occupied property provides immediate rental income with the stability of established tenanc
Leasable Area 3134
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities See Remarks Thermal Windows
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 4800
Property Style 54 - 4-Plex
Cap Rate 5.15
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Exterior
Exterior Amenities Wood
Parking Features RV Parking
Lot Features Corner Lot Dead End Street Paved
Water Source Public
Total Parking 6
Foundation Details Block
Building Area Total 3108
Lot Size Acres 0.15
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Patio RV Parking
Parking Uncovered Total 6
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Interior
Flooring 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 NWM2542706
Street Number 1 7611
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* Excluded Features
List By
Chris Gurnee

Listing Agent

Exp Realty

Broker

Affordability Calculator

$7,737
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,081
Monthly Property Taxes
$656
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
6/19/2026$1,150,000 Listed Price

Map


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7611 Ridgewood Drive, Everett, WA, 98203 is a Multi-Family Home for sale at $1,150,000 with 3,108 sqft and a lot size of 0.15. 7611 Ridgewood Drive is a studio with 0.0 baths and was built in 1990. The property's zip code is 98203 which is in Everett, WA