8830 3rd Ave SE
Everett WA 98208

Kensington Court

8830 3rd Ave SE Everett WA 98208

Listing #: 709145 | Status: Pending | Last Modified: 4/28/2026 |

For Sale
Ted Wood
  • Phone:(206) 818-0378
  • Email:ted.wood@sperrycga.com
  • Office Name:Capstone Commercial Real Estate Advisors
  • Office Phone:(206) 324-9427
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 3,239,780.0
  • $/SF$ 220.4
  • $/Unit$ 3,239,780.0
  • Listing StatusPending
  • Days on Market66
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income297,928
  • Vacancy Factor %5.00%
  • Operating Expenses103,184
  • Net Operating Income179,847
  • CAP Rate 6.01 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 6.01 %
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors3
  • # of Units14
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF14700
  • Net Rentable Area14700
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF19602
  • Acres0.45
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountySnohomish
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaMukilteo
  • Tax ID #00392300001808
  • Additional Parcels
  • ZoningR3
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces21
  • Total Parking Spots21
  • Parking Ratio
Construction
  • Year Built2000
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Public Comments

Kensington Court Apartments is a well-maintained 14-unit multifamily asset located in Everett’s desirable Cascade View neighborhood. Constructed in 2000, the three-story property encompasses approximately 14,070 square feet on a 0.45-acre site, offering investors a stabilized, pride-of-ownership asset in a strong South Everett location. The property consists of 14 spacious 2-bedroom/2-bathroom units averaging approximately 1,050 square feet. Units feature modern finishes, in-unit washer and dryer, private balconies, and well-designed layouts that appeal to long-term tenants. Ground-floor units benefit from private courtyard areas, enhancing livability and tenant retention.

Listing Images