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2501 Rucker Ave, Everett, WA 98201

$1,895,000
  • —

    bed

  • —

    bath

  • 6,200

    Sqft ($306/Sqft)

House for sale 38 days

About 2501 Rucker Ave

Property type House
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 7,405 Sqft
Parking 3 garage spaces
Property description
Well-managed, well maintained 8-unit apartment building in Everett's highly desirable Bayside neighborhood, steps from the Port of Everett's ongoing waterfront redevelopment and minutes to Downtown Everett. Recent capital improvements include all-new hot water tanks, new garage doors, new exterior lighting, and restriped parking (2023–2026); 6 of 8 units renovated 2021–2026 with new double-pane vinyl windows, LVP flooring, fresh paint and other tasteful updates — leaving a new owner with minimal deferred maintenance and a building positioned for immediate, hands-off ownership. Unit mix of (4) 1bd/1ba and (4) 2bd/1ba units totaling 6,200 SF. 3-car secure garage plus 6 off-street stalls, on-site laundry, and private storage lockers for every unit. Minutes to Providence Regional Medical Center and I-5/SR-526, with strong access to Everett's growing employment base. 5.86% current cap / 6.47% market cap with approximately $14,280 in annual rent upside as units turn — a low-maintenance, professionally run asset that fits well as a standalone hold or as an easy addition to a growing multifamily portfolio.
Listed by
Listing Agent - Grant Fosheim
Listing Office - Opal Blue Real Estate, LLC
Source: NWMLS mls logo
MLS#2583036 • last updated 3 weeks ago
Movoto checked NWMLS for data 10 minutes ago
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Overview
Cooling/AC None
Heating Baseboard
Levels/Style Multi Family
MLS # 2583036
Virtual Tour External Link
SubType Multi Family
Type Residential Income
SqFt 6200
Status Active
Lot Size (SqFt) 7405
Lot Size (Acres) 0.17
Property Tax 10993
Year Built 1965
Condition Good
Interior
Exterior
Foundation Poured Concrete
Roof Composition
# Covered Spaces 3
# Parking Spaces 9
# Garage Spaces 3
# Uncovered Spaces 6
Amenities / Utilities
Sewer/ Septic Sewer Connected, City Of Everett
Water Public
Water Company City Of Everett
Power Company SnoPUD
Power Production: Type Electric
HOA Amenities Basement, Coin Op Laundry, Storage
Location
View Sound
County Snohomish
Subdivision Downtown
Area 740 - Everett/Mukilteo
Elementary School Buyer To Verify
Middle School Buyer To Verify
High School District Everett
High School Buyer To Verify
APN 517156000100
Zoning Multi-Family
Multifamily Details
Net Operating Income 111108
Capitalization Rate 5.86
Expense: Insurance 4143
Expense: Electricity 1010
Gross Scheduled Income 164508
Expense: Other 27664
Gross Adjusted Income 161218
Total Expenses 50109
Gross Rent Multiplier 11.75
Nwm_Totalmonthlyincome 13709
Vacancy Rate 2
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Source: GreatSchools.org © 2026. All rights reserved.

Around Bayside

Explore everything this neighborhood has to offer. Learn more about Bayside.
79/100
Walk
63/100
Family
62/100
Dining
85/100
Pet
  • Real Estate
  • WA
  • Snohomish County
  • Everett
  • 98201
  • Bayside
  • 2501 Rucker Ave

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