


7611 Ridgewood DriveEverett, WA 98203
Multi-Family · 8 Beds · 3,108 Sq. ft. | 0.15 Acres7611 Ridgewood Drive Overview
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Four-plex featuring four 2-bedroom units, offering a strong addition to any investment portfolio. This fully occupied property provides immediate rental income with the stability of established tenancy and assigned off-street parking for every unit. Two units feature private fenced yards, while the other two offer the convenience of walk-in closets, creating desirable amenities that help attract and retain tenants. Ideally situated in the popular Valley View area, this property combines a quiet residential setting with exceptional commuter convenience. Residents enjoy quick access to I-5, I-405, Boeing, Paine Field, and major employment centers throughout Everett, Lynnwood, and Bellevue, making it an attractive location for renters seeking an easy daily commute. The location is also close to everyday amenities, including shopping, dining, schools, parks, and recreation. Nearby attractions such as Everett Mall, Paine Field Airport, Mukilteo waterfront destinations, and numerous parks and trails add to the area's long-term rental appeal. Whether you're looking to expand your portfolio, complete a 1031 exchange, or secure a turnkey multifamily asset in a high-demand rental market, this Valley View fourplex offers a compelling combination of location, functionality, and income potential.
7611 Ridgewood Drive Facts & Features
- Type Multi-Family
- Sq. ft. 3,108
- Price/Sq.ft. $370
- Lot 0.15 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Everett
Green Features
- Green Energy Efficient: Thermal Windows
Income/Expenses
- Other Expense: 4800
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 78612
- Insurance Expense: 1926
- Net Operating Income: 59211
- Total Expenses: 19400.64
- Total Monthly Income: 6551
- Water/Sewer/Garbage: 4800
Building Information
- New Construction: No
- Year Built: 1990
Location/Region
- Country: US
- County Or Parish: Snohomish
- MLS Area Major: 740 - Everett/Mukilteo
- Subdivision Name: Valley View
Community/Development
- Amenities: See Remarks,Thermal Windows
Tax Information
- Tax Annual Amount: $7,874.64
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional, FHA
- Parcel Number: 00603700000403
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3108
- Building Area Units: Square Feet
- Calculated Square Footage: 3108
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Carpet
- Foundation Details: Block
- Heating: Yes
- Leasable Area: 3134
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Features: RV Parking
- Parking Total: 6
- Parking Uncovered Total: 6
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Dead End Street, Paved
- Lot Size Acres: 0.15
- Lot Size Square Feet: 6534
- Lot Size Units: Square Feet
- Site Features: Cable TV, Deck, Patio, RV Parking
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Quadruplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood
- Number Of Units Total: 4
- Sewer: Sewer Connected
Unit Information
Unit 3 Details
- Actual Rent: 1500
- Beds Total: 2
- Baths Total: 2
Unit 1 Details
- Actual Rent: 1645
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1656
- Beds Total: 2
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1750
- Beds Total: 2
- Baths Total: 2
7611 Ridgewood Drive Neighborhood
Community
98203 (Everett) Demographics
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.7611 Ridgewood Drive Monthly Cost
7611 Ridgewood Drive Market Data
Based on the last 30 days in this zip code
7611 Ridgewood Drive History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: NWMLS | June 18, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |


