Property Details

8830 3rd Ave SE
Everett, WA 98208
$3,239,780
CBA# 709145 courtesy of CBA Listing firm: Capstone Commercial Real Estate Advisors

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8830 3rd Ave SE, Everett

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Commercial
Property Type
14,700
Bldg Sq Ft
14
Units
5.00%
Cap Rate
2000
Year Built

Property Overview

Kensington Court Apartments is a well-maintained 14-unit multifamily asset located in Everett’s desirable Cascade View neighborhood. Constructed in 2000, the three-story property encompasses approximately 14,070 square feet on a 0.45-acre site, offering investors a stabilized, pride-of-ownership asset in a strong South Everett location.The property consists of 14 spacious 2-bedroom/2-bathroom units averaging approximately 1,050 square feet. Units feature modern finishes, in-unit washer and dryer, private balconies, and well-designed layouts that appeal to long-term tenants. Ground-floor units benefit from private courtyard areas, enhancing livability and tenant retention.

Property Details

Property Information

Property Type Commercial Sale
Status Pending
County Snohomish
Listed Apr 28, 2026

Financial Summary

Cap Rate 5.00%

Building & Use

Building Sq Ft 14,700
Total Units 14
Zoning R3
Possible Use Multi-Family
Year Built 2000

Exterior & Lot

Year Built 2000

Location

City Everett
County Snohomish
Coordinates 47.91730, -122.22900
Listed By
Ted Wood
Capstone Commercial Real Estate Advisors

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