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Everett Multifamily Investment Opportunity
For Sale
$1,795,000
Pending

1831 Wetmore Avenue, Everett, WA 98201

Well-maintained 9-unit apartment building in prime Everett location.

Property SizeContact for details
Days on Market330

Property Features for 1831 Wetmore Avenue

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 2002
Listing Agency: CAPSTONE COMMERCIAL REAL ESTATE ADVISORS
Listed By: TED WOOD · License ##131981
Source: Corcoran
Added: Oct 7, 2025 Changed: Aug 8 Last Checked: Jul 23 at 9:01AM

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 CAPSTONE COMMERCIAL REAL ESTATE ADVISORS

Investment Insights

Based on property information with market context.

This is a 9-unit apartment building constructed in 2002. The property features a mix of spacious one and two-bedroom units, each equipped with in-unit washers and dryers. Eight secure garage parking spaces are available for tenants, along with two additional on-site parking spots. The units have been well-maintained, suggesting low current capital requirements and long-term stability. The property benefits from strong rental demand and proximity to transit, shopping, and employment centers. There is potential for cosmetic updates, including flooring, countertops, and appliances.

Key Highlights

  • Well‑maintained 9‑unit apartment building in a prime Everett location.
  • Built in 2002, offering low current capital requirements and long‑term stability.
  • Mix of spacious one and two‑bedroom units.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Tanning Salon Clothing & Fashion Store Carpet & Flooring Store Computer & Electronic Repair

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

1,384
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 9-unit apartment building in prime Everett location.
Where is this apartment building located?
The property is located at 1831 Wetmore Avenue Everett, WA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Well‑maintained 9‑unit apartment building in a prime Everett location.; Built in 2002, offering low current capital requirements and long‑term stability.; Mix of spacious one and two‑bedroom units.
More about this property
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