2515 Oakes Ave, Everett, WA 98201
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by:luxi meng
Office:kelly right re of seattle llc.
MLS#:2405233
Source:NWMLS
Price summary
- Price:$620,000
- Price per sq. ft.:$350.68
About this home
Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, Unit 1 & 2 on the first floor are 1b1b, with unit 1 have private laundry. The upper level divided into 3 studio units (share a bathroom private kitchen for each). Updated building & units with strong cash flow—currently grossing $4,850/mo ($58,200/year) and approx. 8% cap rate. Many upgrade and new appliances see additional supplement. Unit 1 fully remodeled with modern interior; New coin-op laundry and water heater. Unit 4, 5 left vacant for potential owner-occupancy/upgrade to drive up value—only unit available for showing. Great in-city location with easy access to Everett CC, hospitals, shops, cafes, and freeways. Loyal long-term tenants, rent below market.
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Home facts
- Year built:1904
- Listing ID #:2405233
- Updated:September 26, 2025 at 12:16 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,768 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1904
- Building area:1,768 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$620,000
- Price per sq. ft.:$350.68
- Tax amount:$4,668 (2025)
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