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    Property profile & analytics

    1921 Chestnut St Everett, WA 98201

    • Commercial real estate
    • 1,996 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1857264
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1921 Chestnut St

    Year built
    1992
    Property size
    1,996 SF
    Property type
    Commercial real estate
    APN
    005632-396-006-00

    Description

    This well-maintained Everett duplex presents a compelling investment opportunity. Located at 1921 Chestnut St, this single-story, 1992-built building boasts 1,996 square feet of net rentable space on a 6,970 square foot lot. The property features two spacious units, each offering two bedrooms, 1.75 bathrooms, and a walk-in closet in the primary bedroom. Recent upgrades (2020 & 2024) include new appliances, countertops, and interior paint, enhancing the contemporary feel. Both units include a spacious living room, pantry, and in-unit washer/dryer. A new roof was installed in 2020. One unit is currently rented at market rate, providing immediate income. The second unit is vacant, allowing for owner-occupancy or immediate rental potential. Ample parking is available with four designated spots adjacent to the building, plus additional street parking. The property's convenient location near shopping, Providence Regional Medical Center, and Interstate 5 adds to its appeal. The property is zoned R2 and is offered as a 1031 exchange opportunity. This stabilized investment, classified as a Class B multifamily property, is priced at $740,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1874952
    Latitude
    47.9914465

    Comparable in this City

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      Everett Multifamily Value-Add Opportunity

      Multifamily property with value-add potential in desirable Everett location.
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    Similar Nearby for Sale

    • Contact for pricing
      1.12 Acres

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      2012 Broadway, Everett, WA 98201
      View Details
    • $2,450,000
      11,856 SF

      Value-Add Multifamily Investment Opportunity

      Light value-add property with renovation upside in a desirable location.
      2424 Rucker Ave, Everett, WA 98201
      View Details
    • $2,200,000
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      North Everett Investment Opportunity

      Investment property in North Everett with cash flow potential.
      3323 Oakes Ave, Everett, WA 98201
      View Details
    • $2,200,000
      11,876 SF

      Mixed-Use Property in Downtown Everett

      Mixed-use property with commercial units and apartments in downtown Everett.
      2512 Colby Ave, Everett, WA 98201
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    • $1,350,000

      Everett Multifamily Value-Add Opportunity

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      View Details
    • $5,200,000
      19,768 SF

      Mixed-Use Asset in Downtown Everett

      Fully leased 17-unit mixed-use property with recent capital improvements.
      1313 Hewitt Ave, Everett, WA 98201
      View Details

    Similar Nearby for Lease

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      Mixed-Use Building in Downtown Everett

      Standalone building with warehouse, office, showroom, and basement spaces.
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    • Contact for pricing
      17,386 SF

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      Everett Intermodal Transit Hub Offices

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    1921 Chestnut St
    Everett, WA 98201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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