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Sold on 06/23/2025
  • Exterior
  • Other
  • Entry Way
  • Kitchen
  • Bath
  • Living
  • Bedroom

2222 Summit Ave, Everett, WA 98201

  • $794,000

    Last sold 06/23/2025 for $910K

  • —

    bed

  • —

    bath

  • 2,417

    Sqft ($376/Sqft)

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About 2222 Summit Ave

Property type House
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Property description
Incredible Multifamily Investment Opportunity – Prime Location with Premium Finishes & 0% Vacancy. This exceptional multifamily property presents a rare opportunity for investors and first time home buyers seeking a high-quality asset with significant rental income and value add potential. Set in one of Everett most prudent locations, pre-inspected with a perfect blend of top-of-the-line finishes, modern amenities and potential upside, this property promises an excellent cash flowing return on investment and long-term value appreciation.
Listed by
Listing Agent - Jake Robinett
Listing Office - John L. Scott Everett
Source: NWMLS mls logo
MLS#2345513 • last updated 1 year ago
Movoto checked NWMLS for data 18 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Wall Unit(s)
Levels/Style Quadruplex
MLS # 2345513
SubType Multi Family
Type Residential Income
SqFt 2417
Status Sold
Lot Size (SqFt) 4356
Lot Size (Acres) 0.1
Property Tax 5278.98
Year Built 1910
Buying Office Phone 425-510-6162
Condition Very Good
Interior
Exterior
Foundation Poured Concrete
Roof Composition
Construction Cement Plank
# Open Parking Spaces 4
# Parking Spaces 4
# Uncovered Spaces 4
Exterior Features Cement Planked
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected, City Of Everett
Water Public
Water Company City Of Everett
Power Company Snohomish PUD
Power Production: Type Electric
HOA Amenities Basement, Thermal Windows
Location
View Territorial
County Snohomish
Subdivision Everett
Area 740 - Everett/Mukilteo
Elementary School Garfield Elem
Middle School Buyer To Verify
High School District Everett
High School Everett High
APN 377346202300
Directions North On I-5 To Marine View Drive Exit. Left On Summit Property On Right.
Multifamily Details
Net Operating Income 64656
Capitalization Rate 14.85
Expense: Insurance 1944
Expense: Electricity 300
Gross Scheduled Income 75480
Total Expenses 10822.98
Gross Rent Multiplier 12.7
Nwm_Totalmonthlyincome 7085
Lot/ Land Details
Site Features High Speed Internet
$794K
Range: $651K-$936K
Last 30 days 
Rental est.: $1,038/month
Gross rent multiplier: 73.1
Powered By Movoto
  • Jun 2025
    Public Records
  • Jun 23, 2025 Sold
    $910,000
  • Jun 2025
    mls logo MLS # 2345513
  • Jun 23, 2025 Sold
    $910,000 (-5.2%)
  • May 9, 2025 Pending
    —
  • May 1, 2025 Price Change
    $959,995
  • Mar 18, 2025 Listed
    $960,000 (-26.2%)
  • Jan 2025
    mls logo MLS # 2315189
  • Jan 8, 2025 Price Change
    $1,299,999 (-3.7%)
  • Dec 6, 2024 Listed
    $1,350,000 (+241.8%)
  • Jul 2020
    mls logo MLS # 1590504
  • Jul 15, 2020 Sold
    $395,000
  • May 13, 2020 Pending
    —
  • Apr 16, 2020 Listed
    $425,000
  • Apr 15, 2020 Listed
    $425,000 (+39.4%)
  • May 2020
    mls logo MLS # 1591095
  • May 13, 2020 Pending
    —
  • May 1, 2020 Price Change
    $395,000 (-7.1%)
  • Apr 17, 2020 Listed
    $425,000
  • Apr 15, 2020 Listed
    $425,000
  • Dec 2004
    Public Records
  • Dec 10, 2004 Sold
    $304,800 (+95.4%)
  • Aug 2002
    Public Records
  • Aug 9, 2002 Sold
    $156,000
  • 2222 Summit Ave
    $910K
  • Riverside
    $509K -1% y/y
  • 98201
    $525K -12% y/y
  • Everett
    $524K -14% y/y
No chart available
Statistics calculated by Movoto

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7/10
Garfield Elementary School
public Grades PK, K-5
Everett School District
5/10
North Middle School
public Grades 6-8
Everett School District
6/10
Everett High School
public Grades 9-12
Everett School District
Source: GreatSchools.org © 2026. All rights reserved.

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