Everett, WA 98201 3512 Grand Avenue
$899,000
31 more
Presented By: Blake Investment Advisors and NWMLS
- MLS# 2403948
- 07/14/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
8.45% Renovated Cap Rate | Value-Add Opportunity| Grand Avenue Mansion Fourplex offers a secluded living experience on a 31,799-square-foot lot, shielded from pedestrian traffic and street views. The exterior boasts a fresh coat of paint, a 2017 composition roof, and select units with modern double-paned vinyl windows. The unit mix features 2 two-bedroom units that average 945 square feet and 2 one-bedroom apartments that average 763 square feet. There is also a 1,320-square-foot unfinished basement, currently a communal laundry but plumbed for a potential fifth apartment.
Presented By: Blake Investment Advisors and NWMLS
Interior Features for 3512 Grand Avenue
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 3512 Grand Avenue
AmenitiesCoin Op Laundry
Assoc/CICMulti-Family
Building Area UnitsSquare Feet
Cap Rate4.72
Carport Spaces
Carport Y/NNo
CityEverett
CoolingForced Air
CountySnohomish
DirectionsFrom I-5 exit #192 go west on 41st St to Grand Ave. Turn right. At Y in road stay left on NORTON St. *ACCESS IS FROM NORTON*
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictEverett
Insurance Expense1291
Leasable Area3200
Listing TermsConventional
Lot Size Square Feet31799
Lot Size UnitsSquare Feet
MLS Area740 – Everett/Mukilteo
ModificationTimestamp2025-08-17T15:54:10.415Z
NWM_ShowMapLinkY
Net Operating Income42396
New ConstructionNo
Number Of Units Total4
Open Parking Spaces6
PossessionClosing
Possible UseMulti-Family
Property ConditionGood
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public Remarks8.45% Renovated Cap Rate | Value-Add Opportunity| Grand Avenue Mansion Fourplex offers a secluded living experience on a 31, 799-square-foot lot, shielded from pedestrian traffic and street views. The
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameEverett
Tax Annual Amount8416
Tax Year2024
Units Below Gradefalse
Units In Building Total4
Water Sewer Garbage4857
Year Built1901
Zoning DescriptionMulti-Family
Exterior for 3512 Grand Avenue
Building Area Total
Covered Spaces
Exterior AmenitiesWood Products
Irrigation Water Rights Y/NNo
Lot Size Acres0.73
Parking Uncovered Spaces6
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
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