Property Photo: 3718 Wetmore Avenue WA 98201

Sold

Listing Courtesy of:

Northwest MLS as distributed by MLS GRID / Listed By: Dan Gunderson, Windermere Real Estate M2, LLC and Town Center Realty

3718 Wetmore Avenue Everett, WA 98201

Sold on 06/01/2026

$1,100,000 ^(USD)

4,100

SQFT

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Description

Rare opportunity in a great location! Two structures on one 9500 square foot lot. The single family home was the original structure and was built in 1910. The four-plex was built in 1988 on the south side of the parcel. Alley access with 8 parking spaces. Currently, the property is dramatically under-capitalized. Some clean-up and updating could lead to positive cash flow once fully rented. The financial information provided is mostly hypothetical, but based on conservative market expectations. This is a fantastic sweat equity opportunity. Rent all five units or live in the house and have rental income from the 4-plex. It may be permissible to separate the two buildings...buyer to verify to their own satisfaction. Coin operated laundry.

Sold Date:
06/01/2026

Taxes
$9,103(2024)

Lot Size
9,583 SQFT

Type
Multifamily

Year Built
1910

Style
4-Plex

School District
Everett

County
Snohomish County

Community
Downtown

Listed By

Dan Gunderson, Windermere Real Estate M2, LLC

Bought with
Frank J. Hammer, Town Center Realty

Source
Northwest MLS
Last checked Jun 1 2026 at 8:09 PM GMT-0700

Bathroom Details

Subdivision

Downtown

Lot Information

Sidewalk
Paved

Property Features

Fenced-Fully
Gas Available
Cable Tv
High Speed Internet
Fireplace: 0
Foundation: Poured Concrete
Foundation: Pillar/Post/Pier

Heating and Cooling

Baseboard
Wall Furnace

Flooring

Vinyl
Carpet
Laminate

Exterior Features

Wood
Roof: Composition

Utility Information

Sewer: Sewer Connected
Fuel: Electric

School Information

Elementary School: Jackson Elem
Middle School: North Mid
High School: Everett High

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Jul 14, 2025

Price Changed

$1,199,950

-8%

-$100,050

Jun 05, 2025

Listed

$1,300,000

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.

Based on information submitted to the MLS GRID as of 6/1/2026 13:09. 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.