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1926 Colby Avenue Everett WA 98201

$ 589,000

2 | 1 | 841 Sq Feet Send Me Updates On This Property

Incredible investment opportunity featuring two homes on one lot!

DADU offers great income potential of $2,000/month as a traditional rental or more as an Airbnb

Great potential for rental, guest house or mother-in-law suite!

Classic 841 sq ft main house currently occupied by long-term (30+ yrs) tenants

Currently generating $1,700/mo, with potential for $2,500/mo with simple cosmetic updates

Located in a quality neighborhood within walking distance to downtown Everett & the water

Easy access to restaurants, shopping, I-5, and Hwy 2

Listed By: Windermere R.E. Northeast, Inc

Listing ID

#2456619

Property Type

Single Family Residence

County

Snohomish

Neighborhood

Everett

Year Built

1911

Days on website

Description

Incredible investment opportunity with two homes on one lot—an 841 sq ft main house & a newly renovated 396 sq ft detached DADU—on a level 5,663SF lot near vibrant downtown Everett & charming waterfront shops & restaurants. Main house has 2BR, 1BA, w/ $1,700/month from long-term 30+ year month-to-month tenant & potential for $2,500/month w/updates. The ADU features 1BR, 1BA, & new kitchen, flooring, siding & one-car garage w/ alley access. Rent for $2,000/month long-term or more as an Airbnb, or use as guest house or MIL suite. Located in a great neighborhood, convenient walking distance to eclectic downtown restaurants, shopping, & 3 mins to I-5 & Hwy 2. A perfect cash-flow property &/or multi-generational offering you won’t want to miss!

Location

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Financial Information

List Price: $ 589000

Taxes: $ 3623

Property Features

Appliances: Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Exterior Features: Stone

Flooring: Carpet, Vinyl

Foundation Details: Block, Poured Concrete

Interior Or Room Features: Ceiling Fan(s), Water Heater

Levels: One

Lot Features: Alley, Curbs, Paved, Sidewalk

Parking Features: Detached Garage

Property Condition: Fair

Roof: Composition

School: Everett High, North Mid, Whittier Elem

Security Features: Partially Fenced

Sewer: Sewer Connected

Structure Type: House

Water Source: Public

School: Whittier Elem

School: Everett High

School: North Mid

MLSAreaMajor: 740 - Everett/Mukilteo

City: Everett

Subdivision Name: Everett

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Direct link: https://www.searchproperties.eastsiderealestate.org/listings/direct/775f14aac651444ccd546229b67dab9a

Listed By: Windermere R.E. Northeast, Inc 425-820-5151

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Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID.

IDX information is provided exclusively for consumers' personal non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.

Based on information submitted to the MLS GRID as of Tuesday, December 16, 2025 4:04 PM.

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. Properties displayed may be listed or sold by various participants in the MLS.

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