2011 Madison St

Everett, WA 98203

$998,000
Price
3
Beds
3
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Pending
Pending
a front view of a building with a garden
a view of a house with a street
a view of a house with a yard
a view of a room with gym equipment
a bathroom with a toilet a sink and a mirror
a view of a workspace with furniture
a view of a workspace with furniture and a window
a front view of a multi story building with retail shops
a view of a living room and a window
a living room with furniture a window and gym equipment
a front view of a residential apartment building with a lot of windows
a living room with furniture and a chair
a view of storage and utility room
a room with lots of furniture and a large window
a view of a room with gym equipment
a bedroom with a bed and a dresser
a aerial view of a house with a yard
a view of a city
a view of empty room
a front view of residential houses with street
a front view of a house with a garage
a view of a swimming pool with a terrace
a view of a big building
a view of a tennis court
a view of a street with cars
a view of a street with houses
a view of a large trees with of a big yard
a view of a city
a view of a tennis court
Listing provided courtesy of Windermere Real Estate Co.
Source: Northwest MLS

Description

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...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.
  1. Listed by Edward Krigsman • Windermere Real Estate Co.
    P: (206)-524-1100 e.krigsman@windermere.com

Property Details for 2011 Madison Street

Community Name
Everett
School District
Everett
View
Territorial
Total Covered Parking
0
Entry Date
09-11-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 04/09/2026 09:29 PM

Property Details for 2011 Madison Street

StatusPending
MLS #2434260
Days on Market168
Cumulative Days on Market133
Taxes$9,747 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.61 AC / 26,572 SF
CountySnohomish County
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Location

Listing Courtesy of Windermere Real Estate Co.
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Building Information for 2011 Madison Street

Stories2Residences6Year Built1947Building Size-Lot Size0.61 AC / 26,572 SF

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$5,838 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,025

Property Taxes

$812

HOA Dues

$0

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Property Information for 2011 Madison Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: High Speed Internet
  • Area: 740 - Everett/Mukilteo
  • Effective Year Built Source: Public Records
  • Directions: use maps
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 20.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Concrete, Laminate, Vinyl, Carpet
  • Amenities: See Remarks,Storage
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Furnace
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1086
  • Power Company: Snohomish PUD
  • Sewer Company: Everett Public Works
  • Water Company: Everett Public Works
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Remarks: Multi-Family,Residential,Retail,See Remarks
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential, Retail, See Remarks
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1947
  • Photos Count: 31
Lot Information
  • Lot Details: Alley, Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land
  • Lot Size Dimensions: 221 x 203, Irregular
  • Lot Size Source: Public Record
  • Parcel Number Free Text: 00544700501300
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 20
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 9
Financing / Income and Expenses
  • Electric Expense: $1,040
  • Total Expenses: 18496
  • Gross Adjusted Income: 60990
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: $64,200
  • Insurance Expense: $6,623
  • Net Operating Income: $40,359
  • Other Expenses: $0
  • Total Monthly Income: 6368
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: Apt 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 804
  • Rent Unit 1: $650.00
  • Bedrooms Unit 1: 1
  • Tenant Description Unit 1: Retail 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: Apt 2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 804
  • Rent Unit 2: $650.00
  • Bedrooms Unit 2: 1
  • Tenant Description Unit 2: Retail 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: Apt 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Square Feet Unit 3: 804
  • Rent Unit 3: $650.00
  • Bedrooms Unit 3: 1
  • Tenant Description Unit 3: Retail 3
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: Commercial
  • Square Feet Unit 4: 814
  • Rent Unit 4: $1,050.00
  • Tenant Description Unit 4: Apt 1
Unit 5
  • Name Unit 5: Commercial
  • Square Feet Unit 5: 1338
  • Rent Unit 5: $1,300.00
  • Tenant Description Unit 5: Apt 2
Unit 6
  • Name Unit 6: Commercial
  • Square Feet Unit 6: 814
  • Rent Unit 6: $1,050.00
  • Tenant Description Unit 6: Apt 3
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 7638.0

Property History for 2011 Madison Street

DateEvent & SourcePriceAppreciation
Feb 26, 2026

Pending

NWMLS #2434260

—
Sep 11, 2025

Listed (Active)

NWMLS #2434260

$998,000—
DateEvent & SourcePrice
02/26/2026

Pending

NWMLS #2434260

—
09/11/2025

Listed (Active)

NWMLS #2434260

$998,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2011 Madison Street

Taxable ValueLand$701,400Additions$373,700Total$1,075,100
Tax Record2025$9,747 ($812 / month)
Home Facts
Total Finished SqFt4,855 SqFtAbove Ground SqFt4,855 SqFtStories2Lot Size26,572 SqFtStyleStoresYear Built1947ZoningF1CountySNOHOMISHAPN00544700501300

Schools near 2011 Madison Street

This home is within Everett School District.
Rating
School
Type
Grades
Distance
Lowell Elementary School
Public - PK to 5
Evergreen Middle School
Public - 6 to 8
Everett High School
Public - 9 to 12
Everett Virtual Academy
Public - K to 8
Rating
School
Distance
Lowell Elementary School
PublicPK to 5

Evergreen Middle School
Public6 to 8

Everett High School
Public9 to 12

Everett Virtual Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Real Estate Co.

Based on information submitted to the MLS GRID as of 04/09/2026 09:29 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.