Listing provided courtesy of Windermere Real Estate Co.NWMLSas Distributed by MLSGrid- MLS# NWM2434260
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Dynamic mixed-use asset in Everett’s revitalizing urban core. Interurban Crossing spans a 26,572 SF corner lot with alley access, 20+ parking spaces, and a 7,629 SF structure leased to stable local tenants—3 storefronts, 3 apartments, and 3 flex spaces. Current gross rent over $64K; pro forma $144K+ with light upgrades. Just 26.3% lot coverage—NB zoning + Opportunity Zone offer phased development potential. Steps from the Interurban Trail, future light rail, and new stadium district. A walkable, well-connected location with built-in income and big upside....
Dynamic mixed-use asset in Everett’s revitalizing urban core. Interurban Crossing spans a 26,572 SF corner lot with alley access, 20+ parking spaces, and a 7,629 SF structure leased to stable local tenants—3 storefronts, 3 apartments, and 3 flex spaces. Current gross rent over $64K; pro forma $144K+ with light upgrades. Just 26.3% lot coverage—NB zoning + Opportunity Zone offer phased development potential. Steps from the Interurban Trail, future light rail, and new stadium district. A walkable, well-connected location with built-in income and big upside....
Commercial Space #1
Commercial Space #1
Commercial Space #1
Dynamic mixed-use asset in Everett’s revitalizing urban core. Interurban Crossing spans a 26,572 SF corner lot with alley access, 20+ parking spaces, and a 7,629 SF structure leased to stable local tenants—3 storefronts, 3 apartments, and 3 flex spaces. Current gross rent over $64K; pro forma $144K+ with light upgrades. Just 26.3% lot coverage—NB zoning + Opportunity Zone offer phased development potential. Steps from the Interurban Trail, future light rail, and new stadium district. A walkable, well-connected location with built-in income and big upside....
2011 Madison StreetEverett, WA 98203
Multi-Family · 3 Beds · 0.61 Acres$998,000
Pending
2011 Madison Street Overview
- Visits:
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Dynamic mixed-use asset in Everett’s revitalizing urban core. Interurban Corner spans a 26,572 SF corner lot with alley access, 20+ parking spaces, and a 7,629 SF structure leased to stable local tenants—3 storefronts, 3 apartments, and 3 flex spaces. Current gross rent over $64K; pro forma $144K+ with light upgrades. Just 26.3% lot coverage—NB zoning + Opportunity Zone offer phased development potential. Steps from the Interurban Trail, future light rail, and new stadium district. A walkable, well-connected location with built-in income and big upside.
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2011 Madison Street Facts & Features
- Type Multi-Family
- Lot 0.61 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Everett
Income/Expenses
- Other Expense: 0
- Electric Expense: 1040
- Fuel Expense: 0
- Gross Scheduled Income: 64200
- Insurance Expense: 6623
- Net Operating Income: 40359
- Total Expenses: 18496
- Total Monthly Income: 6368
- Water/Sewer/Garbage: 1086
Building Information
- New Construction: No
- Year Built: 1947
Location/Region
- Country: US
- County Or Parish: Snohomish
- MLS Area Major: 740 - Everett/Mukilteo
- Subdivision Name: Everett
Community/Development
- Amenities: See Remarks,Storage
Tax Information
- Tax Annual Amount: $9,747.00
- Tax Year: 2025
General Information
- Listing Terms: Cash
- Parcel Number: 00544700501300
- Possible Use: Multi-Family,Residential,Retail,See Remarks
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 0
- Building Area Units: Square Feet
- Calculated Square Footage: 0
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Concrete, Laminate, Vinyl, Carpet
- Heating: Yes
- Leasable Area: 7638
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking Spaces: 20
- Open Parking: Yes
- Parking Uncovered Spaces: 20
Lot Information
- Irrigation Water Rights: No
- Lot Features: Alley, Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land
- Lot Size Acres: 0.61
- Lot Size Dimensions: 221 x 203, Irregular
- Lot Size Square Feet: 26572
- Lot Size Units: Square Feet
- Site Features: High Speed Internet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Flat
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Brick, Wood
- Number Of Units Total: 6
- Sewer: Sewer Connected
Unit Information
Unit 4 Details
- Actual Rent: 1050
Unit 6 Details
- Actual Rent: 1050
Unit 5 Details
- Actual Rent: 1300
Unit 1 Details
- Actual Rent: 650
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 650
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 650
- Beds Total: 1
- Baths Total: 1
2011 Madison Street Neighborhood
Community
98203 (Everett) Demographics
39
Median Age
3,102
Population Density (per sq. mile)
38%
College Educated
$80,556
Estimated Median Income
8,764
Estimated Total Home Owners
5,080
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2011 Madison Street Monthly Cost
2011 Madison Street Market Data
Based on the last 30 days in this zip code
$709,191
Average List Price
$376
Average Price per Square Foot
27
Properties Sold
58
Average Days on Market
119
Properties for Sale