LISTING DETAILS

Wetmore Apartments

1831 Wetmore Avenue Everett WA 98201

Listing #: 703417 | Status: Pending | Last Modified: 4/14/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income135,835
Vacancy Factor %5.00%
Operating Expenses41,185
Net Operating Income87,858
CAP Rate5.27 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate5.273
Building Information
Building StatusExisting
# of Buildings1
# of Floors2
# of Units9
# of Elevators0
Total Building SF12,752 SF
Net Rentable Area12,752 SF
Total Office SF4,012 SF
Largest Contiguous SF0 SF
Lot SF6,098 SF
Acres0.14
Year Built2002
Roof TypePitched Comp
Construction TypeFramed, Vinyl, Wood
Property Type
Property TypeMulti-Family
Office TypeMulti-Tenant
InvestmentYes
Location
CountySnohomish
Location DescriptionDowntown Everett
Cross Street19th Street
Market AreaEverett
Tax ID #00437036701500
ZoningNB
Parking Information
#Covered Spaces0
# Uncovered Spaces18
Total Parking Spots18

Turnkey 9-Unit in Everett

Public Comments

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.

Public Building Comments

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.

Wetmore Apartments
1831 Wetmore Avenue Everett WA 98201

Listing #: 703417 | Status: Pending | Listing Date: 10/7/2025 | Last Modified: 4/14/2026 | Email Listing

For Sale

Wetmore Apartments

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