2519 Baker Avenue, Everett, WA 98201

Everett
Local realty services provided by:Imagine Realty ERA Powered
Listed by: grant fosheim
Office: opal blue real estate, llc.
MLS#:2547331
Source:NWMLS
2519 Baker Avenue,Everett, WA 98201
$1,150,000
  • - Beds
  • - Baths
  • 3,350 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$343.28

About this home

Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more...

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Home facts

  • Year built:1910
  • Subdivision & Development:Riverside
  • Listing ID #:2547331
  • Updated:August 14, 2026 at 12:07 PM

Rooms and interior

  • Flooring:Carpet, Vinyl Plank
  • Living area:3,350 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1910
  • Building area:3,350 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Dead-end Street, Sidewalk
  • Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
  • Exterior Features:Deck, Fenced-Partially, Patio

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$343.28
  • Tax amount:$7,348 (2026)

Features and amenities

  • Amenities:Cable TV

Parking

  • Total parking spaces:2
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 14, 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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