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Three-Home Residential Income Property
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3312 Hoyt Ave, Everett, WA 98201

Three individual homes totaling 30 rent-able bedrooms are 100% occupied, with two recently remodeled and included appliances.

Property SizeContact for details
Days on Market132

Property Features for 3312 Hoyt Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Financials

Cap Rate 9.76%
Business Included Yes

Additional Details

Furnished Yes
Fenced Yard Yes

Amenities

large detached garages
alley access
Listing Agency: Crain Real Estate
Listed By: Corey Crain · License #WA 26492
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 10:15AM

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 Crain Real Estate

Investment Insights

Based on property information with market context.

This offering includes three individual homes, each with 10 rent-able bedrooms for a total of 30 rent-able spaces. The properties are currently 100% occupied, and the tenant mix includes transitional and long-term occupants. Furnishings, appliances, and vendor lists are included, along with documented rent rolls and systems already in place.

Two of the homes were recently remodeled and feature large detached garages, fenced yards, and alley access, along with substantial parking. The third home was built in 2006 and is described as being in excellent condition.

The public remarks cite a current 9.76% cap rate and note professional management in place.

Key Highlights

  • 3 individual homes, totaling 30 rent‑able bedrooms, are 100% occupied with a waiting list
  • Two of the homes were recently remodeled and include furniture, appliances, and vendor lists
  • 10 rent‑able bedrooms per home (3 homes) with documented rent rolls and systems in place

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Pet Grooming Service Tanning Salon Daycare Center Catering Service Computer & Electronic Repair Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

3,647
Businesses Nearby

Demographics for 98201, WA

30,421
Population
15,196
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
91%
High-School Grad
18.8 sq mi
ZIP Area
1,618
Density / Sq Mi
$73,822
Median Household Income
$48,830
Median Earnings
$1,443
Median Rent
$476,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three individual homes totaling 30 rent-able bedrooms are 100% occupied, with two recently remodeled and included appliances.
Where is this triplex located?
The property is located at 3312 Hoyt Ave Everett, WA.
What are key features of this property?
This property features: 3 individual homes, totaling 30 rent‑able bedrooms, are 100% occupied with a waiting list; Two of the homes were recently remodeled and include furniture, appliances, and vendor lists; 10 rent‑able bedrooms per home (3 homes) with documented rent rolls and systems in place
(425) 482-6100 Call to check price and availability
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