3502 Norton Avenue, Everett, WA 98201

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Courtesy of John L. Scott Snohomish

Selling Office: The Preview Group.

Sold Price
$1,455,000
List Price
$1,499,000
Status
SOLD
Days on Market
18
Closing Date
Apr 16, 2026
MLS#
2471053
Subtype
Residential Income
Style
56 - 10+ Units
Year Built
1890
Living Area
9,698
Lot Size
16,988
Acres
0.39
Subdivision
Everett
Neighborhood
Everett
MLS Area Major
Everett/Mukilteo

Property Description

Rare multifamily opportunity in Everett with multiple income streams and strong value-add upside. This offering includes an adjacent 11-unit apartment building (4 stories) and a single-family home (SFR) with private driveway parking and potential for future condo conversion. The apartment building features a mix of SROs (kitchenette + shared bath), studios (2 with exterior entrances), and 1BR units. All units are separately metered. Property highlights include updated plumbing and electrical, historic character, and a distinctive spiral staircase fire escape. The basement contains coin-op laundry and extensive unused space with separate entrance and bathroom, ideal for storage, modernized laundry, office space, or potential unit conversion (subject to permits). Additional income potential from five rentable garages, dedicated parking lot, abundant off-street and street parking, shared playground, and green space. Prime location in a quiet residential neighborhood with easy access to downtown Everett. Perfect for investors seeking stabilized cash flow, value-add improvements, and long-term appreciation.

Additional Information

Amenities
Basement, Coin Op Laundry, Playground, Storage
Exterior Features
Wood Products
Property Description
56 - 10+ Units
Flooring
Engineered Hardwood, Laminate, Vinyl, Carpet
Heating
Wall Furnace
Air Conditioning
None
Roof
Composition, Metal
Garage Spaces
5
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
View
Territorial
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