Property Details
3732 Rockefeller Avenue
Everett, WA 98201
$975,000
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Property Overview
Exceptional income-producing opportunity featuring a well-established clean & sober living setup on an expansive 14,374.8 sq ft lot with ADU potential. This versatile property offers multiple income streams and future value-add opportunities for investors or owner-operators. The main floor includes 6 individual bedrooms, each rented separately, creating consistent room-by-room rental income. Upstairs, you’ll find an 1,000 sq ft unit offering additional living space and flexibility. The lower level features a 1-bedroom apartment, ideal for supplemental rental income, onsite management, or private living quarters. There is also potential to reconfigure existing apartment spaces into additional bedrooms, allowing for even greater occupancy and revenue potential. A detached garage adds extra storage, parking, or future conversion possibilities. Strong existing cash flow, flexible layout, and development upside make this a standout investment opportunity.
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
