Everett, WA 98203 2011 Madison Street
$998,000
26 more
Presented By: Windermere Real Estate Co. and NWMLS
- MLS# 2434260
- 09/11/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
Dynamic mixed-use asset in Everett’s revitalizing urban core. Interurban Corner spans a 26,572 SF corner lot with alley access, 20+ parking spaces, and a 7,629 SF structure leased to stable local tenants—3 storefronts, 3 apartments, and 3 flex spaces. Current gross rent over $64K; pro forma $144K+ with light upgrades. Just 26.3% lot coverage—NB zoning + Opportunity Zone offer phased development potential. Steps from the Interurban Trail, future light rail, and new stadium district. A walkable, well-connected location with built-in income and big upside.
Presented By: Windermere Real Estate Co. and NWMLS
Interior Features for 2011 Madison Street
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringConcrete, Laminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 2011 Madison Street
AmenitiesSee Remarks, Storage
Building Area UnitsSquare Feet
Cap Rate4
Carport Spaces
Carport Y/NNo
CityEverett
CoolingWall Unit(s)
CountySnohomish
Directionsuse maps
Electric Expense1040
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High School DistrictEverett
Insurance Expense6623
Leasable Area7638
Listing TermsCash Out
Lot Size Square Feet26572
Lot Size UnitsSquare Feet
MLS Area740 – Everett/Mukilteo
ModificationTimestamp2025-09-19T17:04:10.571Z
NWM_ShowMapLinkY
Net Operating Income40359
New ConstructionNo
Number Of Units Total6
Open Parking Spaces20
PossessionClosing, See Remarks, Subject to Tenant Rights
Possible UseMulti-Family, Residential, Retail, See Remarks
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksDynamic mixed-use asset in Everetts revitalizing urban core. Interurban Corner spans a 26, 572 SF corner lot with alley access, 20+ parking spaces, and a 7, 629 SF structure leased to stable local tenant
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameEverett
Tax Annual Amount9747
Tax Year2025
Units Below Gradefalse
Units In Building Total9
ViewTerritorial
Water CompanyEverett Public Works
Water Sewer Garbage1086
Year Built1947
Zoning DescriptionMulti-Family, Residential, Retail, See Remarks
Exterior for 2011 Madison Street
Building Area Total
Covered Spaces
Exterior AmenitiesBrick, Wood
Irrigation Water Rights Y/NNo
Lot Dimensions221 x 203, Irregular
Lot FeaturesAlley, Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land
Lot Size Acres0.61
Parking Uncovered Spaces20
Site FeaturesHigh Speed Internet
Total Parking20
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
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