Evergreen Homes with 56 - 10+ Units Style

Evergreen Homes with 56 - 10+ Units Style

Welcome to Evergreen, a vibrant neighborhood nestled in the heart of Everett, Washington, within the picturesque Snohomish County. This charming community is renowned for its lush greenery, friendly atmosphere, and an array of amenities that cater to both families and individuals alike. Evergreen is not just a place to live; it’s a lifestyle characterized by a strong sense of community and a commitment to enhancing the quality of life for its residents.

One of the most appealing aspects of Evergreen is its diverse range of homes, particularly those designed for larger families or multi-family living. With properties ranging from 56 units to over 10+ units, this neighborhood offers a unique opportunity for investors and homeowners seeking spacious living arrangements. These homes are thoughtfully designed, featuring modern amenities, open floor plans, and beautiful outdoor spaces that invite relaxation and gatherings with loved ones.

Residents of Evergreen enjoy a wealth of nearby attractions, including parks, shopping centers, and dining options that showcase the best of local cuisine. Outdoor enthusiasts will appreciate the proximity to scenic trails and recreational areas, perfect for hiking, biking, or simply enjoying the beauty of the Pacific Northwest.

Education is a priority in Evergreen, with well-regarded schools serving the community, making it an ideal location for families. The neighborhood is also conveniently located near major transportation routes, ensuring easy access to Seattle and beyond.

Discover the charm of Evergreen, where community spirit meets modern living, and find your perfect home in this delightful neighborhood today!

Newest Evergreen Homes with 56 - 10+ Units Style

$2,300,000
2479732 MLS ACTIVE Status
PRICE ADJUSTMENT -EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,300,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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