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7-Unit Apartment Building
New
For Sale
$1,190,000

2321 Colby Ave, Everett, WA 98201

A blend of studio and one-bedroom apartments accommodates varied rental arrangements.

Property Size1,300 SF
Price / SF$915.38
Days on Market3

Property Features for 2321 Colby Ave

General Information

Standard status Active
Size 1,300 SF
Property subtype Multi-Family

Building Details

Year Built 1910
Listing Agency: Pellego, Inc.
Listed By: Nikita Krivorak
Source: Realtywithty
Added: Sep 29 Changed: Sep 30 Last Checked: Sep 30 at 3:46PM

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 Pellego, Inc.

Investment Insights

Based on property information with market context.

Built in 1910, this seven-unit apartment property contains four studios and three one-bedroom units, including two apartments of approximately 650 SF each. The studios use three shared bath and toilet facilities located on the second and third floors. A common laundry room is equipped with a washer and dryer. Rents include electricity, gas, heat, water, garbage service, and Wi-Fi/internet.

The property is across from Everett High School and within walking distance of the hospital. Rental patterns include both longer and medium-duration stays; one apartment has drawn traveling professionals, including nurses, for stays that typically last about three months.

Key Highlights

  • Seven apartments: four studios and three one‑bedroom units
  • Two one‑bedroom apartments are approximately 650 SF each
  • Three shared bath and toilet facilities serve the studios on the second and third floors

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Computer & Electronic Repair Catering Service Tanning Salon 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.

Location Intelligence

Trade Area within ½ mile

2,484
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - A blend of studio and one-bedroom apartments accommodates varied rental arrangements.
Where is this apartment building located?
The property is located at 2321 Colby Ave Everett, WA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Seven apartments: four studios and three one‑bedroom units; Two one‑bedroom apartments are approximately 650 SF each; Three shared bath and toilet facilities serve the studios on the second and third floors
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