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Sold on 05/16/2024
  • Exterior
  • Living
  • Bath
  • Other
  • Kitchen
  • Dining
  • Bedroom
  • Entry Way

2120 Madison St, Everett, WA 98203

  • $699,000

    Last sold 05/16/2024 for $730K

  • —

    bed

  • —

    bath

  • 2,572

    Sqft ($284/Sqft)

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About 2120 Madison St

Property type House
Neighborhood
Year built 1922
HOA fee $0/month
Lot size 9,148 Sqft
Movoto estimate
Property description
Investor alert 6.6% CAP! 3 homes for the price of 1 in Central Everett's Pinehurst-Beverly Park. Duplex with 1st floor (1010 sf) and 2nd floor (824 sf) and a detached cottage (660 sf). 2 bed 1 bath each. B1 zoning with potential for future redevelopment. Low maintenance property with recent updates including hard surface flooring and refinished cabinets. Stately corner lot with lawn and amenity space for all residents. Spacious driveway with ample off-street parking. Easy access to freeways, shopping, recreation, Boeing and DT Everett. Full due diligence package including home inspection, sewer scope, financial history, leases, Matterport tours of all units available.
Listed by
Listing Agent - Adrian Chu
Listing Office - Specialty Real Estate Group
Source: NWMLS mls logo
MLS#2218824 • last updated 1 year ago
Movoto checked NWMLS for data 11 minutes ago
Overview
Cooling/AC None
Heating Baseboard
Levels/Style Triplex
MLS # 2218824
SubType Multi-Family
Type Residential Income
SqFt 2572
Status Sold
Lot Size (SqFt) 9148
Lot Size (Acres) 0.21
Property Tax 7374
Year Built 1922
Buying Office Phone 206-522-3400
Condition Good
Interior
Exterior
Roof Composition
# Open Parking Spaces 10
# Parking Spaces 10
# Uncovered Spaces 10
Exterior Features Wood Products
Amenities / Utilities
Sewer/ Septic Sewer Connected
Water Public
Power Production: Type Electric
Security Features FullyFenced
Location
View Territorial
County Snohomish
Subdivision Pinehurst
Area 740 - Everett/Mukilteo
Elementary School Buyer To Verify
Middle School Buyer To Verify
High School District Everett
High School Buyer To Verify
APN 545001800100
Directions From Everett - South On Colby. Left On Madison. Property Lies Between Colby & Broadway. Corner Of Madison & Jefferson.
Zoning Multi-Family
Multifamily Details
Net Operating Income 49488
Capitalization Rate 6.6
Expense: Insurance 1728
Gross Scheduled Income 64380
Expense: Other 564
Gross Adjusted Income 61805
Total Expenses 12317
Gross Rent Multiplier 11.65
Nwm_Totalmonthlyincome 5365
Vacancy Rate 4
Lot/ Land Details
Site Features Fenced-Partially, Patio
$699K
Range: $510K-$887K
Last 30 days 
Rental est.: $1,344/month
Gross rent multiplier: 45.3
Powered By Movoto
  • May 2024
    Public Records
  • May 16, 2024 Sold
    $730,000
  • May 2024
    mls logo MLS # 2218824
  • May 16, 2024 Sold
    $730,000 (-2.7%)
  • Apr 16, 2024 Pending
    —
  • Apr 4, 2024 Listed
    $750,000 (+30.4%)
  • Jun 2018
    Public Records
  • Jun 27, 2018 Sold
    $575,000
  • Jun 2018
    mls logo MLS # 1296500
  • Jun 27, 2018 Sold
    $575,000 (-4.2%)
  • May 23, 2018 Listed
    $599,950 (+83.2%)
  • Sep 2005
    Public Records
  • Sep 6, 2005 Sold
    $327,500
  • Sep 2005
    mls logo MLS # 25108520
  • Sep 6, 2005 Sold
    $327,500 (-3.7%)
  • Jul 25, 2005 Listed
    $339,950
  • 2120 Madison St
    $730K
  • Pinehurst-Beverly Park
    $574K -1% y/y
  • 98203
    $560K -17% y/y
  • Everett
    $524K -14% y/y
No chart available
Statistics calculated by Movoto

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6/10
Emerson Elementary School
public Grades PK, K-5
Everett School District
5/10
Evergreen Middle School
public Grades 6-8
Everett School District
6/10
Cascade High School
public Grades 9-12
Everett School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Pinehurst-Beverly Park

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