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$3,975,000

4230 Hoyt Avenue

Everett, WA 98203

Active
City view

Beds

Baths

Sq Ft

Lot

0.15 ac

Year built

1968

Type

Residential Income

Days listed

1

MLS #

2583030

About this home

Well-maintained, well-managed 16-unit apartment building available in Everett's Cascade View neighborhood, reflecting disciplined, proactive ownership. 12 of 16 units have been renovated from tasteful refreshes (LVP flooring, updated bathrooms, modern fixtures) to full remodels with new kitchens, bathrooms and in-unit washer/dryer. Building-wide systems have been kept current as well, with a new roof, new exterior paint, and new double-pane vinyl windows all completed in 2024, a 2024 common area refresh (fresh paint, carpet, lighting), and a remote-access garage gate replaced in 2022. Fully leased with staggered lease terms and zero delinquencies, shows active management that results in value for the new owner. Unit mix of (8) 1bd/1ba at 651 SF and (8) 2bd/1ba at 882 SF. Amenities built for tenant retention: 18 secure, gated garage parking stalls, a shared app-based laundry room, and a private storage locker for every unit — a meaningful differentiator in this submarket. For a new owner, the building hands off cleanly, with no deferred maintenance backlog and a defined, low-risk runway to continue the existing renovation program on the remaining units or to operate as-is. Located in Central Everett's Glacier View submarket, minutes from Boeing, Paine Field, and Providence Regional Medical Center. A rare opportunity to acquire a renovated, stabilized asset with genuine mark-to-market upside in one of Snohomish County's most active employment corridors.

Exterior features

Wood

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Baseboard
Cooling
None
Flooring
Laminate, Vinyl Plank, Carpet
View
City
Lot
Alley, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$25,265 (2026)

Estimate your monthly payment

$22,205/mo

Principal & interest
$20,100
Property taxes
$2,105
Loan amount $3,180,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Everett, WA 98203

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Opal Blue Real Estate, LLC— Grant Fosheim.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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