Property Details
3732 Rockefeller Avenue
Everett, WA 98201
$850,000
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Property Overview
A rare income-producing triplex on an expansive double lot (14,374.8 sq ft) with ADU potential. This property features three fully separate living units — each with its own private entrance, kitchen, and bathroom — offering true independent living and multiple income streams for investors or owner-operators. The main-floor unit includes 6 individually rented bedrooms sharing common living space, generating strong, consistent room-by-room income. The upstairs unit offers 2 bedrooms and approximately 1,000 sq ft of living space. The lower level is a private 1-bedroom apartment, ideal for additional rental income or onsite management. In total, the property offers 9 bedrooms across 3 fully separate units, with strong existing cash flow and significant upside. Additional potential includes reconfiguring existing space for even greater occupancy, plus a detached garage offering storage, parking, or future conversion possibilities. A true triplex with three distinct living spaces, a spacious double lot, and proven income — a standout opportunity for investors in Everett.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Everett
Listed
May 21, 2026
Original Price
$1,050,000
Structure Type
Triplex
Parcel Number
00438192201700
Tax & HOA
Annual Property Tax
$5,514 (2026)
Est. Monthly Tax
$460/mo
Financial Summary
Cap Rate
4.99%
Net Operating Income
$56,946
Gross Scheduled Income
$73,200
Gross Rent Multiplier
14.30
Total Expenses
$16,254
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
3,202
Leasable Area
3,142 sqft
Total Units
3
Zoning
Residential
Possible Use
Residential
Lot Size
14,375 sqft
Year Built
1917
Exterior & Lot
Lot Size
0.33 sqft
Year Built
1917
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Exterior Features
Wood
Community & Access
Directions
Get On I5 North. Take Exit 192 toward Broadway/41st St. Turn Toward Everett. Continue onto Broadway. Turn left onto 37th St. Turn right onto Rockefeller Ave. Destination will be near 37th/Rockefeller.
Location
City
Everett
County
Snohomish
Coordinates
47.96760, -122.20576
Additional Information
Tax Year
2026
Annual Taxes
$5,514
Possession
Array
