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8312 11th Dr W, Everett, WA 98204

$950,000

Last sold 11/17/2025 after 51 Days

—
bed
—
bath

House not for sale

About 8312 11th Dr W

Property type House

Neighborhood

Year built 1978

HOA fee $0/month

Lot size 10,454 Sqft

Property description

Turnkey 4-Plex in Everett – Strong Cash Flow & Growth Well-maintained 4-unit multifamily in Everett, just minutes from Paine Field, Boeing & I-5. Each spacious unit has consistent rental history with room for upside. Tenants enjoy ample parking, a low-maintenance exterior, and a central location near jobs, schools & transit. With stable income in place and market rent growth potential, this property offers immediate returns plus long-term appreciation. An ideal addition for investors seeking reliable cash flow in a high-demand area. Seller wiling to complete further improvements prior to closing as long as the offer price makes sense.

Listed by

Listing Agent - Andrew English

Listing Office - Congress Realty

Source: NWMLS

MLS#2438886 • last updated 10 months ago

Movoto checked NWMLS for data 11 minutes ago

Overview
Cooling/AC	None
Heating	Baseboard
Levels/Style	Quadruplex
MLS #	2438886
SubType	Multi Family
Type	Residential Income
Status	Sold
Lot Size (SqFt)	10454
Lot Size (Acres)	0.24
Property Tax	6819.05
Buying Office	MY REALTY GROUP LLC
Year Built	1978
Buying Office Phone	206-779-8043

Exterior
Roof	Composition
Construction	Wood
# Open Parking Spaces	7
# Parking Spaces	7
# Uncovered Spaces	7
Exterior Features	Wood Products

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Power Production: Type	Electric

Location
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
High School District	Mukilteo
APN	431000000100
Directions	From I-5 Northbound: Take Exit 186 For 128th St SW. Turn Left Onto 128th St SW (heading West). Continue For About 2.3 Miles. Turn Right Onto 8th Ave W. Turn Left Onto 84th St SW. Turn Right Onto 11th

Multifamily Details
Net Operating Income	58275
Capitalization Rate	6.1
Expense: Insurance	4334.96
Expense: Electricity	871.71
Gross Scheduled Income	73800
Expense: Other	4114.65
Gross Adjusted Income	70110
Total Expenses	20108.37
Gross Rent Multiplier	13
Vacancy Rate	5

We are not permitted to show value estimates for this property.

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Nov 2025
MLS # 2438886
Nov 17, 2025 Sold
$950,000 (-1.0%)
Sep 29, 2025 Pending
—
Sep 27, 2025 Listed
$950,000 (+128.9%)
Nov 2025
Public Records
Nov 3, 2025 Sold
$960,000 (+1.1%)
Feb 2015
Public Records
Feb 27, 2015 Sold
$415,000
Feb 2015
MLS # 713345
Feb 27, 2015 Sold
$415,000 (-3.5%)
Nov 3, 2014 Listed
$429,950 (+36.5%)
Jan 2005
Public Records
Jan 14, 2005 Sold
$315,000

Year Property taxes Tax assessment
2025
$6,819 +7.5%

$850,000 +3.66%
2023
$6,344 +2.3%

$820,000 +18.16%
2022
$6,202 +2.3%

$694,000 +17.63%
2021
$6,065 +15.4%

$590,000
2020
$5,257 +10.2%

$590,000 +9.06%
2019
$4,770 +4.4%

$541,000
2018
$4,569 +32.4%

$541,000 +54.13%
2015
$3,450

$351,000

8312 11th Dr W
$950K
Westmont
$299K -15% y/y
98204
$398K -21% y/y
Everett
$525K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
8330 11th Dr W, Everett, WA 98204	$533,000	2/1	950	0.02
812 W Casino Rd, Everett, WA 98204	$710,000	4/2	2,064	0.24
8426 8th Ave W, Everett, WA 98204	$654,000	3/1	1,668	0.25
8502 8th Ave W, Everett, WA 98204	$649,000	3/2	1,560	0.26
8518 8th Ave W, Everett, WA 98204	$584,000	3/2	1,248	0.27
8509 8th Ave W, Everett, WA 98204	$706,000	3/1	1,980	0.29
8604 8th Ave W, Everett, WA 98204	$619,000	4/2	1,410	0.29
8519 8th Ave W, Everett, WA 98204	$600,000	3/2	1,030	0.3

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.