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Listing Firm: RE/MAX Northwest Realtors: Vince M. Grant

Bought With: Keller Williams Rlty Bellevue : Michael Durham

SOLD On January 7, 2021
NWMLS # 1693865

$715,000

  • Sold Price
  • - Beds
  • - Baths
  • 3696 Sq.ft.

2503 Madison Street , Everett, 98203

Listings with the three tree icon are courtesy of NWMLS

About This Property

Fantastic four-plex opportunity in excellent, easy to rent area! The property needs roof, paint, and some TLC inside. Looks like about $50,000 of work would turn this into an $800,000 building. Rents are proforma. 2 units just became vacant and the seller would like the new owner to be able to see units and select tenants so isn’t re-renting them. Zoning allows for 3 more units to be built on the property. Units are 2 bedrooms, 1.5 baths with in-unit laundry. Great location with easy access to park-in-ride, schools, shopping, I-5, and Boeing. Pre-inspection available on request.

Buyer's Agent: Michael Durham • Keller Williams Rlty Bellevue

Listed by: Vince M. Grant • RE/MAX Northwest Realtors

Aris360 Last Checked: Just Now (Jul 05, 2025 05:02 PM)

  • Source: NWMLS as Distributed by MLS Grid #1693865

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Madison
  • Zip/Postal Code: 98203
  • City: Everett

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$3,847 per month
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Property Features

  • County
    • Pinehurst
  • Community
    • 740 - Everett/Mukilteo
  • MLS Area
    • 740 - Everett/Mukilteo
  • Longitude
    • -122.199024
  • Latitude
    • 47.936304
  • Project
    • Pinehurst
  • Directions
    • I-5 N, exit 189 for WA-527 N toward WA-99/Everett Mall Way, L onto WA-527 N, R onto SE Everett Mall Way, Use the right 2 lanes to turn slightly right onto Broadway, R onto E Madison St. Home on L.

  • Interior
    • Ceramic Tile
    • Wall to Wall Carpet
  • Floors
    • Ceramic Tile
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 4
  • Lot Description
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Cable TV,Deck
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • City of Everett
  • Building Total Area (Sq. Ft.)
    • 10019
  • Has View
    • Yes
  • Utilities
    • Cable Connected,
    • Sewer Connected,
    • Electric,
  • Energy Features
    • Thermal Windows,
  • View Description
    • Territorial,

  • High School District
    • Everett
  • Jr. High School
    • Evergreen Mid
  • Elementary School
    • Lowell Elem
  • High School
    • Cascade High

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Condominium,
  • Tax Amount
    • $7933
  • Year Built
    • 1977
  • Status
    • Sold
  • Project
    • Pinehurst

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jul 05 2025 . 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.

Jul 05, 2025 05:02 PM