2515 Oakes Ave, Everett, WA 98201
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: luxi meng
Office: kelly right re of seattle llc.
MLS#:2476036
Source:NWMLS
Price summary
- Price:$569,999
- Price per sq. ft.:$322.4
About this home
Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, with the upper level divided into 3 studio units (they share a bathroom). All units have individual kitchens. Updated building & units with strong cash flow—currently grossing $5,210/mo ($65,680/year) and approx. 9.37 % cap rate. Unit 1 fully remodeled with modern interior; Unit 5 carpet replaced 2 years ago. New coin-op laundry and water heater. Unit 1, 4 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 #:2476036
- Updated:May 14, 2026 at 12:33 AM
Rooms and interior
- Flooring:Carpet, Laminate
- Living area:1,768 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1904
- Building area:1,768 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Wood Exterior Finish
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$569,999
- Price per sq. ft.:$322.4
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