Property Details
0 Walnut Grove Court
Everson, WA 98247
$2,800,000
Active
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Property Overview
Exceptional investment opportunity in the heart of Everson! This 10-unit multi-family property consists of five duplex-style condo buildings, offering a total of 10 well-designed units. The mix includes spacious 3-bedroom, 2-bath units and comfortable 2-bedroom, 2-bath units—appealing layouts that attract and retain long-term tenants. All units are currently rented, providing immediate, stable income for investors seeking a strong addition to their portfolio. The duplex-style configuration offers added privacy and livability, making these homes highly desirable in the local rental market. Ideally located with convenient access to town amenities, yet tucked into a peaceful setting. Notably, the property did not experience interior water intrusion during the recent flood events—an important advantage and added peace of mind. Whether you’re expanding your portfolio or stepping into multi-family ownership, this well-maintained, fully occupied property presents a rare opportunity in a growing community.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Everson
Listed
Feb 23, 2026
Original Price
$3,400,000
Structure Type
Multi Family
Parcel Number
4004311634870001
Financial Summary
Cap Rate
5.76%
Net Operating Income
$161,406
Gross Scheduled Income
$230,400
Gross Rent Multiplier
14.75
Total Expenses
$54,021
Building & Use
Leasable Area
11,078 sqft
Total Units
6
Year Built
2007
Exterior & Lot
Lot Size
1.35 sqft
Year Built
2007
Garage
1 spaces
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Water Source
Community
Lot Features
Cul-De-Sac, Curbs, Paved, Sidewalk
Exterior Features
Cement Planked
Community & Access
Directions
Drive 544 E to Everson Rd, Turn right onto Lincoln St, Turn Right onto Walnut Grove Court.
Location
City
Everson
County
Whatcom
Coordinates
48.91883, -122.34581
Additional Information
Tax Year
2025
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:09 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
