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$3,200,000
2540713 MLS ACTIVE Status
Luna Apartments is a 47 unit shovel ready multifamily development opportunity located at 3012 and 3016 Everett Ave in downtown Everett, WA. The offering provides a buyer the opportunity to acquire a level 0.36 acre urban infill development site with MU4 zoning, a 12 year MFTE structure, completed plan sets, and substantial predevelopment work already completed. Building and public works permits are approved pending final covenant processing. The project has been advanced through the most time intensive portions of design and City review, including architectural, civil, structural, landscape, engineering, and permit coordination. Rather than starting with raw land or an early stage entitlement process, a buyer can step into a project that is positioned for near term execution. The planned unit mix includes 47 apartments designed for downtown Everett renter demand, with efficient micro, studio, one bedroom, one bedroom plus den, and two bedroom units. The development is positioned to serve workforce housing demand in a downtown location with access to employment, transit, services, I-5, Highway 2, the Port of Everett, Paine Field, Everett Station, Providence Regional Medical Center, and other North Puget Sound employment drivers.

3016 Everett Avenue, Everett

Listing courtesy of RE/MAX Elite.

$3,095,000
2485482 MLS ACTIVE Status
We are pleased to present Rucker Court, a turn-key, well-maintained multifamily investment opportunity located just north of downtown Everett. Built in 1957 and recently renovated, the property comprises 14 1BD units, each averaging 630SF with approximately half of the units having views of the Puget Sound. The property provides stable in-place income with additional upside through the potential to increase rents by up to 6% to reach market rates. Every unit has been fully renovated with high-end finishes, including LVP flooring, countertops, interior & exterior paint, and SS appliances. Approximately half of the units have received new cabinets. The roof was replaced in 2024 with a full tear off and new TPO membrane.

2614 Rucker Avenue, Everett

Listing courtesy of Northmarq Multifamily, LLC.

$3,240,000
3 Beds 2 Baths 2472317 MLS ACTIVE Status
Prime Development Opportunity in Snohomish County! This well-positioned property offers outstanding potential for residential development, with zoning and neighboring properties suggesting the site may support up to 15 townhome lots (buyer to verify). The parcel sits adjacent to an existing townhome community with units selling for over one million dollars, reinforcing the area's proven demand and neighborhood compatibility. Just minutes from Silver Lake, this location combines convenience and lifestyle appeal. Residents will enjoy easy access to Alderwood Mall, Everett Mall, schools, parks, and public transportation, along with nearby shopping, dining, and commuter routes. The surrounding area continues to experience strong growth, making this an excellent opportunity for builders, developers, or investors seeking their next project in a high-demand market. A rare chance to secure a development site in a desirable Everett location with close-in amenities and strong resale or rental potential. Current house could be rented for additional income while you work on the development, or maybe saveable on a smaller lot kept in the development.

12105 25th Avenue SE, Everett

Listing courtesy of Dave Nelson Real Estate.

$3,240,000
2472443 MLS ACTIVE Status
Prime Development Opportunity in Snohomish County! This well-positioned property offers outstanding potential for residential development, with zoning and neighboring properties suggesting the site may support up to 15 townhome lots (buyer to verify). The parcel sits adjacent to an existing townhome community with units selling for over one million dollars, reinforcing the area's proven demand and neighborhood compatibility. Just minutes from Silver Lake, this location combines convenience and lifestyle appeal. Residents will enjoy easy access to Alderwood Mall, Everett Mall, schools, parks, and public transportation, along with nearby shopping, dining, and commuter routes. The surrounding area continues to experience strong growth, making this an excellent opportunity for builders, developers, or investors seeking their next project in a high-demand market. A rare chance to secure a development site in a desirable Everett location with close-in amenities and strong resale or rental potential. Current house could be rented for additional income while you work on the development, or maybe saveable on a smaller lot kept in the development.

12105 25th Avenue SE, Everett

Listing courtesy of Dave Nelson Real Estate.

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