Coming Soon
4,350 sqft
2321 Colby Ave, Everett, WA 98201
Est: $7,077/moGet pre-approved
Multi FamilyProperty Type
0.13 acresLot Size
1910Year Built
$274/sq ftPrice per sq ft

Description

Seller financing available, more information about rents, layout, and additional photos in supplements! Excellent opportunity to own a historic 7-unit investment property in the heart of Everett, directly across from Everett High School and within walking distance of the hospital. The property offers a desirable mix of long-term and medium-term rentals, providing flexibility and multiple income opportunities. The unit mix includes two spacious one-bedroom apartments of approximately 650 SF each,...Seller financing available, more information about rents, layout, and additional photos in supplements! Excellent opportunity to own a historic 7-unit investment property in the heart of Everett, directly across from Everett High School and within walking distance of the hospital. The property offers a desirable mix of long-term and medium-term rentals, providing flexibility and multiple income opportunities. The unit mix includes two spacious one-bedroom apartments of approximately 650 SF each, one additional large one-bedroom, and four studio-style apartments with varying layouts. One unit has been popular with traveling professionals, including nurses, and typically rents for approximately three-month stays. The four studios share three conveniently located bath/toilet facilities on the second and third floors. Additional features include a common laundry room with washer and dryer and shared utilities included in the monthly rents, including electricity, gas, heat, water, garbage, and Wi-Fi/internet. With seven rentable units, flexible rental options, a convenient central Everett location, and creative seller financing available, this property presents a unique opportunity for investors looking to add a distinctive multifamily asset to their portfolio.
  • Listed by: Nikita Krivorak 760.818.6914 nikita@cityhometeam.com • Pellego, Inc.
Last updated: 09/25/2026 04:51 PM • Source: NWMLS as distributed by MLS GRID, MLS#: 2586317

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Location

Listing Courtesy of Pellego, Inc.
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$7,077 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,353

Property Taxes

$724

HOA Dues

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Property Information for 2321 Colby Avenue

Property Details
  • Taxes: $8,687 / year
  • MLS Type: Residential Income
  • Community Name: Downtown
  • School District: Everett
  • Number of Assigned Spaces: 0
  • Total Covered Parking: 0
  • Entry Date: 09-25-2026
  • Energy Source: Natural Gas
  • Sewer: Sewer Connected
Building Information
  • Stories: 3
  • Residences: 7
  • Year Built: 1910
  • Lot Size: 0.13 AC / 5,663 SF
Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV
  • Area: 740 - Everett/Mukilteo
  • Directions: Use gps
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
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: Hardwood, Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Radiant
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 4531.36
  • Power Company: PUD
  • Sewer Company: Everett
  • Water Company: Everett
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • Possible Use: Multi-Family
  • MLS Square Footage Source: MLS
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 23
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Source: MLS
  • Parcel Number Free Text: 00439149001100
  • Building Condition: Remodeled
  • Calculated Square Footage: 4350
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4350.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 7
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $4,420
  • Total Expenses: 56673.32
  • Gross Adjusted Income: 95866
  • Gross Rent Multiplier: 11.71
  • Gross Scheduled Income: $101,580
  • Insurance Expense: $6,515
  • Net Operating Income: $39,193
  • Other Expenses: $30,426
  • Total Monthly Income: 8920
  • Fuel Expense: $2,094
Unit 1
  • Name Unit 1: 1
  • Square Feet Unit 1: 650
  • Rent Unit 1: $1,450.00
Unit 2
  • Name Unit 2: 2
  • Square Feet Unit 2: 650
  • Rent Unit 2: $1,600.00
Unit 3
  • Name Unit 3: 3
  • Rent Unit 3: $1,100.00
Unit 4
  • Name Unit 4: 4
  • Rent Unit 4: $1,250.00
Unit 5
  • Name Unit 5: 5
  • Rent Unit 5: $1,020.00
Unit 6
  • Name Unit 6: 6
  • Rent Unit 6: $950.00
Unit 7
  • Name Unit 7: 7
  • Rent Unit 7: $1,550.00
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4350.0

Property History for 2321 Colby Avenue

DateEvent & SourcePriceAppreciation
Aug 6, 2008

Sold (Public Record)

Public Record #250438164

$580,000—
DateEvent & SourcePrice
08/06/2008

Sold (Public Record)

Public Record #250438164

$580,000

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

Public Records for 2321 Colby Avenue

Taxable ValueLand$296,500Additions$725,500Total$1,022,000
Tax Record2026$8,778 ($731 / month)
Home Facts
Baths4Total Finished SqFt4,123 SqFtAbove Ground SqFt4,123 SqFtStories2Lot Size5,663 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910Year Renovated1940ZoningUR3CountySNOHOMISHAPN004391-490-011-00

Schools near 2321 Colby Avenue

This home is within Everett School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Hawthorne Elementary School
PublicPK to 5

North Middle School
Public6 to 8

Everett High School
Public9 to 12

Sno Co Jail
Public7 to 12

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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2321 Colby Avenue is a multi-family home Coming Soon in Everett, WA 98201. This property is currently priced at $1,190,000. This listing's school district is Everett School District. Nearby schools include Hawthorne Elementary School, North Middle School and Everett High School. 2321 Colby Avenue is a 0-bed, 0-bath, 4,350 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pellego, Inc.

Based on information submitted to the MLS GRID as of 09/25/2026 04:51 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.