Home / 2501 Colby Avenue, Everett, WA 98201 (MLS # 2394216)

2501 Colby Avenue, Everett, WA 98201 (MLS # 2394216)

Save to Favorites
 Print
 Share
Listing provided courtesy of Northwest MLS; COMPASS

PRICE $5,000,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 15,081 sqft
LOT SIZE 13,940 sqft
Request More Info Schedule a Showing
Turnkey 22-unit investment opportunity in downtown Everett! Built in 1908 and fully renovated in 2024, Heritage Manor blends historic charm with modern updates. Renovations include new TPO roof, updated electrical, water heaters, flooring, and stylish interiors with quartz countertops and stainless steel appliances. All units are 1-bed + den layouts, ideal for flexible living. Amenities include controlled access, on-site laundry, and 21 reserved parking spaces. Strong tenant base near Naval Station Everett, Port of Everett, and the future light rail station. Market cap rate up to 6.46%. With limited inventory and over $500K in capital improvements, this asset offers immediate cash flow and long-term upside.

LAST UPDATED 6/18/2025 NEIGHBORHOOD Everett
YEAR BUILT 1908 COMMUNITY Everett
COUNTY Snohomish STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 740 - Everett/Mukilteo
CONSTRUCTION Brick
HEAT Baseboard, Electric
LOT 0.32 acre(s)
LOT DESCRIPTION Alley, Corner Lot, Paved, Sidewalk
MLS STATUS Active
STORIES 3
STYLE 56 - 10+ Units
SUBDIVISION Everett
TAXES 33658.03
UTILITIES Cable Available, Sewer Connected
WATER Public
ZONING Multi-Family
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 2501 COLBY AVENUE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Tony H to contact you even if your name is on a Federal or State "Do not call List".

Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/3/25 10:46 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

DMCA Notice

  Logo

This IDX solution is (c) Diverse Solutions 2025.