2501 Colby Avenue, Everett, WA, 98201
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$5,000,000
17 Days On Site
2501 Colby AvenueEverett, WA 98201
For Sale|Residential Income|Active
0
Beds
0
Total Baths
15,081
SqFt
$332
/SqFt
1908
Built
Cumulative Days On Market:
18
Subdivision:
Everett
County:
Snohomish
Courtesy of NWMLS
Listing courtesy of Rachel Harwood of COMPASS
Listing courtesy of Rachel Harwood of COMPASS
Call Now: 425-242-8838
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425-242-8838
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Monthly Payment (Est.)
$22,812Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
Turnkey 22-unit investment opportunity in downtown Everett! Built in 1908 and fully renovated in 2024, Heritage Manor blends historic charm with modern updates. Renovations include new TPO roof, updated electrical, water heaters, flooring, and stylish interiors with quartz countertops and stainless steel appliances. All units are 1-bed + den layouts, ideal for flexible living. Amenities include controlled access, on-site laundry, and 21 reserved parking spaces. Strong tenant base near Naval Station Everett, Port of Everett, and the future light rail station. Market cap rate up to 6.46%. With limited inventory and over $500K in capital improvements, this asset offers immediate cash flow and long-term upside.
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Listing Snapshot
Price
$5,000,000
Days On Site
17 Days
Bedrooms
N/A
Inside Area (SqFt)
15,081 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.32 Acres
Year Built
1908
MLS® Number
2394216
Status
Active
Property Tax
$33,658.03
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Acres
0.32
Additional Property Use
Multi-Family
Number Of Stories
3
Parking Spaces
21
SqFt Total
15081
Utilities
Cable AvailableSewer Connected
Water Source
Public
Zoning
Multi-Family
Interior Features
Flooring
CarpetVinyl
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Brick
Lot Features
Corner LotPaved
Roof
Flat
Community Features
Association Amenities
Coin LaundryStorage
Financing Terms Available
Conventional
MLS Area
740 - Everett/Mukilteo
School District
Everett
Schools
School District
Everett
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Rachel Harwood of COMPASS
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-07-06 06:13 AM PDT
Listing courtesy of Rachel Harwood of COMPASS
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-07-06 06:13 AM PDT
Neighborhood & Commute
Source: Walkscore
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