1925 Lombard Avenue #A,B,C, Everett, WA 98201

Local realty services provided by:Imagine Realty ERA Powered
Listed by: lance van winkle, anton stetner
Office: kw north sound
MLS#:2447675
Source:NWMLS
1925 Lombard Avenue #A,B,C,Everett, WA 98201
$1,600,000
  • - Beds
  • - Baths
  • 997 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$1,604.81

About this home

Exceptional investment opportunity in Everett! This unique multi-family property features three condo units, with two currently rented and producing immediate cash flow. Two newly constructed units built in 2024 offer modern design, open living spaces, 3 bedrooms, 2.5 baths, and attached 1-car garages, while the updated existing 3-bedroom, 1-bath home provides strong additional rental potential. Units B & C are currently leased at $2,695 each, with projected rent of $2,500 for Unit A, creating an attractive pro-forma cap rate near 6%. A rare chance to enjoy steady income now while holding the flexibility to sell units individually in the future to maximize long-term returns. Low-maintenance yards enhance ease of ownership, and the prime Everett location places you just minutes from downtown, shopping, dining, schools, transit, and I-5. This is a true turnkey investment combining modern construction, reliable rental demand, and built-in appreciation potential. Buyer to verify all to

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Home facts

  • Year built:2024
  • Listing ID #:2447675
  • Updated:February 23, 2026 at 01:28 AM

Rooms and interior

  • Living area:997 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:2024
  • Building area:997 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$1,604.81
  • Tax amount:$13,504 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of February 23, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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