1831 Wetmore Avenue
Everett WA 98201
Wetmore Apartments
1831 Wetmore Avenue Everett WA 98201
Listing #: 703417 | Status: Pending | Last Modified: 4/14/2026 |
For Sale
- Phone:(206) 818-0378
- Email:ted.wood@sperrycga.com
- Office Name:Capstone Commercial Real Estate Advisors
- Office Phone:(206) 324-9427
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,795,000.0
- $/SF$ 140.8
- $/Unit$ 1,795,000.0
- Listing StatusPending
- Days on Market208
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income135,835
- Vacancy Factor %5.00%
- Operating Expenses41,185
- Net Operating Income87,858
- CAP Rate 5.27 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 5.27 %
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units9
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF12752
- Net Rentable Area12752
- Total Office SF4012
- Largest Contiguous SF
- Lot SF6098
- Acres0.14
- Property TypeMulti-Family
- Office TypeMulti-Tenant
- InvestmentYes
- Building Class
- CountySnohomish
- Vicinity
- Location DescriptionDowntown Everett
- Second Address
- Cross Street19th Street
- Market AreaEverett
- Tax ID #00437036701500
- Additional Parcels
- ZoningNB
- # Covered Spaces0
- # Uncovered Spaces18
- Total Parking Spots18
- Parking Ratio
- Year Built2002
- Year Renovated
- Completion Date
- Roof TypePitched Comp
- Construction TypeFramed, Vinyl, Wood
Turnkey 9-Unit in Everett
Rare opportunity to acquire a well-maintained 9-unit apartment building in a prime Everett location. Built in 2002, this property features a mix of spacious one and two-bedroom units, each with in-unit washers and dryers. Tenants enjoy eight secure garage parking spaces, plus two additional on-site spots. Units have been well-maintained, offering low current capital requirements and long-term stability. Strong rental demand, proximity to transit, shopping, and employment centers. Upside potential through cosmetic updates, including flooring, countertops, and appliances.
1831 Wetmore consists of 6 apartment units and 3 commercial spaces located on a high visibility corner in Downtown Everett. Property is bank-owned, with no warranties or representations; buyer to conduct own due diligence prior to closing. See website for information.





