Listing provided courtesy of eXp RealtyNWMLSMLS# NWM2542706MLS Provider
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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.

Source: NWMLS, MLS#: NWM2542706

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  • Property Type
    Residential Income
  • Lot
    0.15 acres

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  • Median Age
    39
  • Population Density
    3,102
  • College Educated
    38%
  • Estimated Median Income
    $80,556
  • Estimated Total Home Owners
    8,764
  • Estimated Total Renters
    5,080
  • Owner / Renter Divide
    63% / 37%
  • Estimated Average Household Size
    3
  • Total Population
    35,901
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7611 Ridgewood Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/18/2026Source: NWMLS Added to Database
June 18, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021