7611 Ridgewood Dr

Everett, WA 98203

$1,150,000
Price
8
Beds
6
Baths
3,108 Sq. Ft.
$370 / Sq. Ft.
3,108
Sq. Ft.
$370
per Sq. Ft.
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New
New
Listing provided courtesy of eXp Realty
Source: Northwest MLS

Description

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...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.
  1. Listed by Chris Gurnee • eXp Realty
    P: (206)-829-9154 chris@chrisgurneeteam.com
  2. Listed by Ciaran Melly • eXp Realty
    P: (206)-829-9154 ciaran@chrisgurneeteam.com

Property Details for 7611 Ridgewood Drive

Community Name
Valley View
School District
Everett
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
06-18-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 06/18/2026 05:13 PM

Property Details for 7611 Ridgewood Drive

StatusActive
MLS #2542706
Days on Market1
Cumulative Days on Market1
Taxes$7,875 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1990
Lot Size0.15 AC / 6,534 SF
CountySnohomish County
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Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 7611 Ridgewood Drive

Stories2Residences4Year Built1990Building Size-Lot Size0.15 AC / 6,534 SF

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$6,387 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,731

Property Taxes

$656

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7611 Ridgewood Drive

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Patio, RV Parking
  • Area: 740 - Everett/Mukilteo
  • Directions: GPS works perfectly.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking: No
  • Parking Features: RV Parking
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: Vinyl, Carpet
  • Amenities: See Remarks,Thermal Windows
  • Cooling: Yes
  • Cooling: See Remarks
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Furnace
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 4800
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Block
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 2
Lot Information
  • Lot Details: Corner Lot, Dead End Street, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 00603700000403
  • Calculated Square Footage: 3108
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3108.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Total Uncovered Parking: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 19400.64
  • Gross Adjusted Income: 78612
  • Gross Rent Multiplier: 14.63
  • Gross Scheduled Income: $78,612
  • Insurance Expense: $1,926
  • Net Operating Income: $59,211
  • Other Expenses: $4,800
  • Total Monthly Income: 6551
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 777
  • Rent Unit 1: $1,645.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 777
  • Rent Unit 2: $1,656.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 800
  • Rent Unit 3: $1,500.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 80
  • Rent Unit 4: $1,750.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3134.0

Property History for 7611 Ridgewood Drive

DateEvent & SourcePriceAppreciation
Jun 18, 2026

Listed (Active)

NWMLS #2542706

$1,150,000—
Feb 13, 2019

Sold

NWMLS #1398843

$853,888—
Feb 4, 2019

Sold (Public Record)

Public Record #639441183

$853,888

+20.4% / yr

DateEvent & SourcePrice
06/18/2026

Listed (Active)

NWMLS #2542706

$1,150,000
02/13/2019

Sold

NWMLS #1398843

$853,888
02/04/2019

Sold (Public Record)

Public Record #639441183

$853,888

+20.4% / yr

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

Public Records for 7611 Ridgewood Drive

Taxable ValueLand$311,000Additions$594,100Total$905,100
Tax Record2025$7,900 ($658 / month)
Home Facts
Baths8Total Finished SqFt3,108 SqFtAbove Ground SqFt3,108 SqFtStories2Lot Size6,534 SqFtStyleQuadraplexYear Built1990ZoningR-3CountySNOHOMISHAPN00603700000403

Schools near 7611 Ridgewood Drive

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

Evergreen Middle School
Public6 to 8

Cascade High School
Public9 to 12

Everett Reengagement Academy
Public9 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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More information about 7611 Ridgewood Drive, Everett, WA 98203

7611 Ridgewood Drive is a multi-family home for sale in Everett, WA 98203. This property was listed for sale on June 18, 2026 by eXp Realty, it's currently listed at $1,150,000. It has been on the market for a total of 1 days and was last sold on February 13, 2019. This listing's school district is Everett School District. Nearby schools include Emerson Elementary School, Evergreen Middle School and Cascade High School. 7611 Ridgewood Drive is a 8-bed, 6-bath, 3,108 sqft multi-family home built in 1990.

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 eXp Realty

Based on information submitted to the MLS GRID as of 06/18/2026 05:13 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.