Walnut Grove Court, Everson, WA 98247
- $2,800,000
Listing courtesy of HomeSmart One Realty.
- List Price
- $2,800,000
- Status
- ACTIVE
- MLS#
- 2483507
- Price Change
- ▼ $600,000 1778884658
- Days on Market
- 156
- Style
- 56 - 10+ Units
- Building Condition
- Good
- Lot Size (sq ft)
- 59,002
- Sewer
- Sewer Connected
Property Description
Exceptional investment opportunity in the heart of Everson! This 10-unit multi-family property consists of five duplex-style condo buildings, offering a total of 10 well-designed units. The mix includes spacious 3-bedroom, 2-bath units and comfortable 2-bedroom, 2-bath units—appealing layouts that attract and retain long-term tenants. All units are currently rented, providing immediate, stable income for investors seeking a strong addition to their portfolio. The duplex-style configuration offers added privacy and livability, making these homes highly desirable in the local rental market. Ideally located with convenient access to town amenities, yet tucked into a peaceful setting. Notably, the property did not experience interior water intrusion during the recent flood events—an important advantage and added peace of mind. Whether you’re expanding your portfolio or stepping into multi-family ownership, this well-maintained, fully occupied property presents a rare opportunity in a growing community.
/u.realgeeks.media/rolandacarriere/header.png)
Additional Information
- List Date
- 2026-02-23 18:56:23
- Community
- Everson
- Net Operating Income
- $161,406
- Gross Adjusted Income
- $194,756
- Gross Scheduled Income
- $230,400
- Total Monthly Income
- $19,200
- Insurance Expenses
- $6,640
- Water/Sewer/Garbage Expenses
- $19,755
- Gross Rent Multiplier
- 14.75
- Total Expenses
- $54,021
- Cap Rate
- 5.76
- Total Number of Units
- 6
- Potential Terms
- Cash, Conventional
- Year Built
- 2007
- Roof
- Composition
- Other Expenses
- 27625
- Energy Source
- Electric
- School District
- Nooksack Valley
- Elementary School
- Everson Elem
- Middle School
- Nooksack Vly Mid
- High School
- Nooksack Vly High
- Total Monthly Income
- $19,200
- Gross Scheduled Income
- $230,400
- Gross Adjusted Income
- $194,756
- Tax Year
- 2025
- Insurance Expense
- $6,640
- W/S/G Expenses
- $19,755
- Total Expenses
- $54,021
- Net Operating Income
- $161,406
- Gross Rent Multiplier
- 14.75
- Cap Rate
- 5.76
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.