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    Multifamily Apartment Building Title is generated by Realmo AI

    1205 Casino Rd, Everett, WA 98204

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    For Sale
    $10,500,000

    Well-maintained multifamily property with spacious two- and three-bedroom units and in-unit washer and dryer.

    Type:Multifamily
    Added:
    Jun 9, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 11 at 2:41 am

    Property Features for 1205 Casino Rd

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

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    Listing Contact
    Rich Day

    Listing agent Rich Day License #License(s): WA: 110473

    Listing office Seattle Office

    Listing date Jun 9, 2026

    Source Marcusmillichap

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Seattle Office

    HighLights

    • Multifamily investment at 1205 Casino Road in Everett, WA
    • Unit mix primarily 2- and 3‑bedroom floor plans with spacious units averaging over 1,000 SF
    • In‑unit washer and dryer appliances plus convenient on‑site parking for residents
    • Well maintained with minimal deferred maintenance to support operational stability
    • Stable tenant base with proximity to major employers including Boeing and Naval Station Everett
    • 6.04% (as stated in the provided remarks)

    Overview

    This multifamily apartment building offers spacious residential units averaging more than 1,000 square feet. The unit mix is primarily two- and three-bedroom floor plans designed to support practical family and shared-living layouts. The property has been well maintained with minimal deferred maintenance, which helps support operational stability. Residents also benefit from in-unit washer and dryer appliances, along with convenient on-site parking.

    The asset is located at 1205 Casino Road in Everett, Washington. The property’s rental appeal is reinforced by its proximity to major regional employers, including Boeing and Naval Station Everett, which provides access to a steady pool of renters tied to these work centers.

    For investors and buyers seeking a residential income asset, the combination of larger unit sizes, family-oriented bedroom counts, and in-unit laundry amenities can be attractive for maintaining consistent tenant satisfaction. The well-kept condition and reduced near-term deferred maintenance profile may also be helpful for operators looking to manage ongoing capital needs while supporting long-term performance.
    Location Intelligence

    Current Use by Public Records

    Mercatus LLC Big Box & Wholesale Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.217161
    Latitude
    47.9258029

    FAQs

    What type of property is this?
    Apartment building - Well-maintained multifamily property with spacious two- and three-bedroom units and in-unit washer and dryer.
    Where is this apartment building located?
    The property is located at 1205 Casino Rd Everett, WA.
    What is the asking price?
    The asking price for this property is $10,500,000.
    What are key features of this property?
    This property features: Multifamily investment at 1205 Casino Road in Everett, WA; Unit mix primarily 2- and 3‑bedroom floor plans with spacious units averaging over 1,000 SF; In‑unit washer and dryer appliances plus convenient on‑site parking for residents
    More about this property
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