Exceptional investment opportunity in Everett! This unique multi-family property features three condo units, with two currently rented and producing immediate cash flow. Two newly constructed units built in 2024 offer modern design, open living spaces, 3 bedrooms, 2.5 baths, and attached 1-car garages, while the updated existing 3-bedroom, 1-bath home provides strong additional rental potential. Units B & C are currently leased at $2,695 each, with projected rent of $2,500 for Unit A, creating an attractive pro-forma cap rate near 6%. A rare chance to enjoy steady income now while holding the flexibility to sell units individually in the future to maximize long-term returns. Low-maintenance yards enhance ease of ownership, and the prime Everett location places you just minutes from downtown, shopping, dining, schools, transit, and I-5. This is a true turnkey investment combining modern construction, reliable rental demand, and built-in appreciation potential. Buyer to verify all to own satisfaction.
Property Details
Price:
$1,600,000
MLS #:
NWM2447170
Status:
Active
Beds:
9
Baths:
7
Type:
Condo
Subtype:
Condominium
Subdivision:
North Everett
Neighborhood:
740everettmukilteo
Listed Date:
Oct 22, 2025
Finished Sq Ft:
3,218
Total Sq Ft:
997
Year Built:
2024
NewconstructionLombard Avenue Condominium740 – Everett/mukilteo740everettmukilteoNorth EverettEverettSubject To Restrictions
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Schools
School District:
Everett
Interior
Appliances
Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Bathrooms
5 Full Bathrooms, 2 Half Bathrooms
Cooling
Ductless
Flooring
Vinyl, Carpet
Heating
Ductless, Forced Air
Exterior
Construction Materials
Wood
Exterior Features
Wood Products
Parking Features
Individual Garage, Off Street
Parking Spots
4
Roof
Composition
Financial
HOA Includes
Common Area Maintenance
Tax Year
2025
Taxes
$13,504
Map
Community
- Address1925 Lombard Avenue #ABC Everett WA
- SubdivisionNorth Everett
- CityEverett
- CountySnohomish
- Zip Code98201
Subdivisions in Everett
- Alderwood
- Beverly Park
- Boulevard Bluffs
- Cascade Heights
- Casino
- Claremont
- Downtown
- Eastmont
- Ebey Island
- Edgewater
- Everett
- Everett Mall
- Evergreen
- Fairway
- Forest Park
- Harbor View
- Harbour Pointe
- Hat Island
- Hilton Lake
- Historic N Everett
- Intercity
- Lake Stickney
- Legion Park
- Lowell
- Madison
- Mariner
- Martha Lake
- Memorial Stadium
- Merrill Creek
- Mill Creek
- Mukilteo
- Mukilteo Blvd
- Mukilteo Speedway
- North Everett
- Paine Field
- Pinehurst
- Pioneer Trails
- Possession Bay
- Puget Park
- Riverside
- Rucker Hill
- Seahurst
- Seattle Hill
- Silver Firs
- Silver Lake
- Snohomish
- South Everett
- Upper Ridge
- Valley View
- View Ridge
- Woodlands
Market Summary
Property Summary
- Located in the North Everett subdivision, 1925 Lombard Avenue #ABC Everett WA is a Condo for sale in Everett, WA, 98201. It is listed for $1,600,000 and features 9 beds, 7 baths, and has approximately 3,218 square feet of living space, and was originally constructed in 2024. The current price per square foot is $497. The average price per square foot for Condo listings in Everett is $367. The average listing price for Condo in Everett is $454,972. To schedule a showing of MLS#nwm2447170 at 1925 Lombard Avenue #ABC in Everett, WA, contact your Best in the West agent at 206-351-5550.
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Courtesy of KW North Sound. Disclaimer: Based on information submitted to the MLS GRID as of Mar-03-2026 12:37:03 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Copyright 2026. All rights reserved.
1925 Lombard Avenue #ABC
Everett, WA

