$520,000
2517 Rainier Avenue
Everett, WA 98201
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
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
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.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.