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, where natural beauty meets urban convenience. Known for its lush landscapes and friendly community, Evergreen offers a serene escape while still being just a stone's throw away from the bustling city life.

As you stroll through the tree-lined streets, you'll discover a delightful mix of homes, with a particular emphasis on multi-family residences featuring 56 to 10+ units. These properties not only provide ample living space but also foster a sense of community among residents. Whether you’re looking for a cozy apartment or a spacious townhouse, Evergreen has something to suit everyone’s taste.

The neighborhood is also home to various parks and recreational areas, perfect for outdoor enthusiasts and families alike. Enjoy a leisurely afternoon at one of the many local parks, or take advantage of the nearby walking trails that weave through the scenic landscapes. With its proximity to schools, shopping centers, and dining options, Evergreen is an ideal location for families, young professionals, and retirees looking for a balanced lifestyle.

In addition, Evergreen boasts a rich cultural scene, with art galleries, local theaters, and community events that bring residents together. The welcoming atmosphere and diverse community make it easy to feel at home in this charming neighborhood.

If you’re considering a move, Evergreen offers not just a place to live, but a lifestyle filled with opportunity, connection, and the beauty of the Pacific Northwest. Come explore what makes Evergreen a truly special place to call home!

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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