2630 Russell Way

Everett, WA 98204

$1,100,000
Price
6
Beds
4
Baths
3,750 Sq. Ft.
$293 / Sq. Ft.
3,750
Sq. Ft.
$293
per Sq. Ft.

Description

Great 4-plex in Paine Field-Lake Stickney neighborhood! Three units are 2BR, 1BA, 900-1080sf. The fourth unit is a 450 sf newly refinished studio. Coin-operated laundry facility available to tenants. The 2BR units are occupied and month-month, the studio is vacant. Ample parking including carports. Only minutes to bus lines, Mukilteo Speedway, Boeing, I-5/I-405 access, Lake Stickney Park, Alderwood Mall.Great 4-plex in Paine Field-Lake Stickney neighborhood! Three units are 2BR, 1BA, 900-1080sf. The fourth unit is a 450 sf newly refinished studio. Coin-operated laundry facility available to tenants. The 2BR units are occupied and month-month, the studio is vacant. Ample parking including carports. Only minutes to bus lines, Mukilteo Speedway, Boeing, I-5/I-405 access, Lake Stickney Park, Alderwood Mall.
  1. Listed by Eric Nissen • Real Property Associates
  2. Listed by Jay Young • Real Property Associates

Property Details for 2630 Russell Way

Community Name
Harbour Pointe
School District
Mukilteo
Number of Assigned Spaces
8
Total Covered Parking
0
Offers Review Date
12-19-2024
Entry Date
12-11-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/17/2024 01:13 PM

Property Details for 2630 Russell Way

StatusActive
MLS #2314066
Days on Market7
Cumulative Days on Market7
Taxes$6,410 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.61 AC / 26,572 SF
CountySnohomish County

Building Information for 2630 Russell Way

Stories2Residences4Year Built1968Building Size-Lot Size0.61 AC / 26,572 SF

Property Information for 2630 Russell Way

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 740 - Everett/Mukilteo
  • Elementary School: Fairmount Elem
  • Middle Or Junior School: Olympic View Mid
  • High School: Mariner High
  • Directions: From I-5 South, take exit 189 toward WA-99/Everett Mall Way. Merge onto Everett Mall Way and continue for 1.5 miles. Turn left onto 4th Avenue W, then right onto 112th Street SW. Drive 0.7 miles, turn
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 5100
  • Power Company: SCL
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Size Source: Realist
  • Parcel Number Free Text: 00380900500105
  • Building Condition: Average
  • Calculated Square Footage: 3750
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3750.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Common Interest: Multi-Family
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $350
  • Total Expenses: 25560
  • Gross Adjusted Income: 69840
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $72,000
  • Insurance Expense: $1,700
  • Net Operating Income: $44,280
  • Other Expenses: $12,000
  • Total Monthly Income: 5270
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 1080
  • Rent Unit 1: $1,550.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 900
  • Rent Unit 2: $1,550.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Square Feet Unit 3: 900
  • Rent Unit 3: $1,350.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Square Feet Unit 4: 400
  • Rent Unit 4: $800.00
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3330.0
  • Leasable Area Units: Square Feet

Property History for 2630 Russell Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2630 Russell Way

Taxable ValueLand$575,500Additions$117,300Total$692,800
Tax Record2023$6,034 ($503 / month)
Home Facts
Baths4Total Finished SqFt2,850 SqFtAbove Ground SqFt2,850 SqFtUnfinished Basement Area900 SqFtStories1Lot Size26,572 SqFtStyleQuadraplexYear Built1968ZoningS2CountySNOHOMISHAPN00380900500105

Schools near 2630 Russell Way

This home is within Mukilteo School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fairmount Elementary School
PublicK to 5

Olympic View Middle School
Public6 to 8

Mariner High School
Public9 to 12

Aces High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2630 Russell Way is a multi-family home for sale in Everett, WA 98204. This property was listed for sale on December 11, 2024 by Real Property Associates, it's currently listed at $1,100,000. This listing's school district is Mukilteo School District. Nearby schools include Fairmount Elementary School, Olympic View Middle School and Mariner High School. 2630 Russell Way is a 6-bed, 4-bath, 3,750 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Property Associates

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.