All homes

$520,000

2517 Rainier Avenue

Everett, WA 98201

Active

Beds

4

Baths

2

Sq Ft

1,564

Lot

0.21 ac

Year built

1936

Type

Residential

Days listed

22

MLS #

2571150

About this home

Investment opportunity in the heart of historic North Everett. This 1936 character home is being sold strictly as-is and is not currently habitable, priced accordingly for an investor or contractor buyer. Interior demolition has been started, kitchen and upstairs bathroom sink and tub have been removed, and the home will not qualify for retail financing in its current state. Cash or hard money only. Zoned UR4, permitting multi-family residential development up to four floors with no density limit, on a generous .21-acre lot well above the typical footprint in this immediate pocket. A rare detached 4-car garage with alley access adds workshop, storage, or redevelopment potential, buyer to verify zoning, setbacks, and development feasibility with the City of Everett. Comparable renovated sales within a few blocks have closed between $530,000 and $800,000 over the past year, buyer to verify and underwrite independently. Minutes to downtown Everett, the waterfront, and I-5. Sold strictly as-is, where-is, no seller repairs. Buyer to verify all permit history, square footage, and condition. Priced for an investor ready to complete the renovation.

Exterior features

Metal/Vinyl

Property details

Heating
Forced Air, High Efficiency (Unspecified)
Cooling
None
Parking
Detached Garage
Water source
Public
Sewer
Sewer Connected
Levels
One and One Half

Costs

Price / sq ft
$332
Annual taxes
$4,982 (2026)

Estimate your monthly payment

$3,045/mo

Principal & interest
$2,629
Property taxes
$415
Loan amount $416,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Everett, WA 98201

Approximate location. Contact us to confirm the exact address.

Listing courtesy of CENTURY 21 Real Estate Center— John Mize.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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