2515 Oakes Ave, Everett, Washington 98201

WA, Everett
$569,999
  • 1,768 Sqft
  • Residential Income Property Type
  • 1904 Year Built
  • Active Status
Property Description

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.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2476036
  • Price: $569,999
  • View: City
  • Square Footage: 1,768 Sqft
  • Year Built: 1904
  • Lot Area: 0.10 Acre
  • Status: Active
  • Office Name: Kelly Right RE of Seattle LLC
  • Agent Name: Luxi Meng
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood
  • Flooring Carpet, Laminate
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Snohomish
  • City Everett
  • Zipcode 98201
  • Street: Oakes Ave
  • Street Number: 2515
  • Longitude: W123° 47' 46''
  • Latitude: N47° 59' 2.1''
  • Directions: From Broadway, turn west onto Everett Ave, north on Oakes. House in on east side of Oakes.
  • Mls Area Major: 740 - Everett/Mukilteo
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Everett
  • Middle School: Buyer To Verify
Additional Information
  • Lot Size Dimensions: 4356
  • Water Source: Public
  • Virtual Tour: Virtual Tour
  • Stories Total: 3
  • On Market Date: 2026-02-03
  • Number Of Units Total: 5
  • Construction Materials: Wood
Listing Information
  • List Agent Mls Id: 109368
  • List Office Mls Id: 2821
  • Listing Term: Cash Out,Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-02-05T00:28:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-02-03T22:12:10Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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